Tag Archives: shares
Try to Avoid Minsky Moments
Hyman Minsky was an economist whose theories were largely ignored during his lifetime and forgotten since his death in the mid 1990’s. They were forgotten until they became glaringly relevant during the financial crisis of 2008. Even today, his work … Continue reading
002 Cognitive Bias: Mental Accounting
Notes from Think Like the Great Investors by Colin Nicholson: New investors are always looking for a guru or a perfect system to tell them what to invest in. This is flawed because no system is perfect all the time … Continue reading
001 Cognitive Bias: Overconfidence
Notes from Think Like the Great Investors by Colin Nicholson: Studies have shown that we are more likely to be confident when we try to estimate something when that thing is difficult to estimate than when it is comparatively easy. … Continue reading
Women are Better Traders Than Men
In Think Like the Great Investors, Colin Nicholson points out that studies have shown women tend to be better traders. Some of the advantages women have include are they: are less confident; take less personal credit for their success; spend … Continue reading
On Contrarian Stock Picking
To be a successful investor requires us to take a contrarian position. We are able to fool ourselves into thinking we are contrarian investors when in fact we are just following the herd. These are my notes from an essay … Continue reading
Weekly Roundup 002
Sometimes it’s better not to know too much about a person, the same is true about companies. This week has been very domesticated. Shares I started to think about the company that did the capital raising last week and I … Continue reading
Weekly Roundup 001
It’s been a mixed week: some small victories, one big setback but I’m not conceding defeat. Shares I have been sitting on a small profit and noticed that one company I hold, a gold miner, was close to $1.00. … Continue reading
Street Smarts by Jim Rogers: a Review
Jim Rogers is well known as a commentator who often appears on TV money programs, so his financial views are well known. He is also a highly successful investor, having been a partner of George Soros at one point. As … Continue reading
Why Selling is Harder than Buying
(1100 words) Selling well is equally as important as buying well, possibly more so. But selling causes far more anxiety than buying. These are my notes from an essay by Donald L. Cassidy “Why it is so Difficult to Sell” … Continue reading
9 Ways to Tell if the Company’s Management is Good.
530 words Great companies can be ruined by poor management. Struggling companies can be lead to greatness when they are guided by great managers. Here are some questions to ask yourself when judging the management of a company.