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Want to be a better investor? Stop reasoning and be more emotional.

August 25, 2014 2 Comments
Want to be a better investor? Stop reasoning and be more emotional.

Don’t take this article too seriously – the title is tongue-in-cheek. Often times when a philosopher is trying to make a point they will apply over-the-top rhetoric which isn’t meant to be taken at face value, but which points to something true or interesting. So in a similar vein, this quick article, while not very […]

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Margin of Safety – Quotes

July 21, 2014 0 Comments
Margin of Safety – Quotes

“Investors are frequently lured by the prospect of quick and easy gain and fall victim to the many fads of Wall Street.” “Once you adopt a value-investment strategy, any other investment behavior starts to seem like gambling.” “There is the old story about the market craze in sardine trading when the sardines disappeared from their […]

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Reflexivity and Availability Cascades: Do the forces of supply and demand determine the market, or does the market determine supply and demand?

July 15, 2014 0 Comments
Reflexivity and Availability Cascades: Do the forces of supply and demand determine the market, or does the market determine supply and demand?

Image courtesy of Danilo Rizzuti / FreeDigitalPhotos.net The concept of reflexivity is perhaps the most intuitively obvious framework I have ever come across, and yet it is extremely difficult to properly and succinctly convey in words. I had to read George Soros’ great book The Alchemy of Finance back to back before I felt I […]

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Alchemy of Finance – Notes and Quotes

June 9, 2014 3 Comments
Alchemy of Finance – Notes and Quotes

Image courtesy of jscreationzs / FreeDigitalPhotos.net Here’s a selection of fantastic quotes I pulled from George Soros’ book, The Alchemy of Finance. I have also included a few personal notes. The Alchemy of Finance is a tough read and is not for the faint of heart. I just read through it twice in a period […]

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Investment Bias Part 3: Avoiding Anchors

June 2, 2014 3 Comments
Investment Bias Part 3: Avoiding Anchors

This is part 3 of my Investment Bias series and is an excerpt from the Practical Guide To Curing Investment Bias, which is available for FREE via subscription. Image courtesy of cbenjasuwan / FreeDigitalPhotos.net Description Anchoring is the tendency to formulate an estimate by using a process that begins with an initial number (the anchor) […]

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Weekend Reading (05/30/14)

May 30, 2014 3 Comments
Weekend Reading (05/30/14)

Value and Opportunity – It’s always a treat seeing this blogger pick apart and really dig into companies. I continue to pick up little valuation tricks here and there whenever I read this author. If you are interested in learning about Europe in general, or Germany in particular (as far as potential investments go) then […]

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Stock Market Bubbles: Beware the Positive Black Swan

May 26, 2014 2 Comments
Stock Market Bubbles: Beware the Positive Black Swan

Image courtesy of arztsamui / FreeDigitalPhotos.netI am going to take a brief look at a few revolutionary technologies – all Black Swan events, to hopefully give you a sense that great stock market bubbles typically involve a Black Swan technological breakthrough, which has broad implications spanning across many different industries. The new technology is always […]

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Investment Bias Part 2: Introduction to Dual Process Theory (DPT) of Decision Making

May 20, 2014 0 Comments
Investment Bias Part 2: Introduction to Dual Process Theory (DPT) of Decision Making

This is part 2 of my Investment Bias series and is an excerpt from the Practical Guide To Curing Investment Bias, which is available for FREE via subscription. Description <div style="float: left; margin-right: 15px;" Image courtesy of winnond / FreeDigitalPhotos.net In Dual Process Theory (DPT), cognition is dominated by either Process 1 or Process 2 […]

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Investing in “Mediocristan” – Black Swans, Robustness, and the importance of having a Margin of Safety

May 18, 2014 5 Comments
Investing in “Mediocristan” – Black Swans, Robustness, and the importance of having a Margin of Safety

The internet isn’t going to change the way we chew gum. -Warren Buffett Image courtesy of khunaspix / FreeDigitalPhotos.net First thing’s first. I will define my terms for those of you who haven’t read Nassim Taleb’s wonderful book, The Black Swan, named after the incredibly rare bird which (allegedly), for a great number of years, […]

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Investment Bias Part 1: Curing Investment Bias

April 29, 2014 17 Comments
Investment Bias Part 1: Curing Investment Bias

Finally! After pouring my heart and soul into this project for more than 2 months it’s here! This post contains the main introduction to my eGuide (the Practical Guide To Curing Investment Bias) which is available for FREE via subscription to ContrarianVille. Sign up and a free copy will immediately be sent to your inbox. […]

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