Talibi’s books “The Black Swan” and “Fooled by Randomness” argue, reasonably convincingly, that extreme events are under priced in the current market due to a lack of experience and the over reliance on mathematical models in trading. To take advantage of this they advocate a “dumbbell strategy” which basically is [...]
Michael Lewis, the author of "Liar's Poker," offers a first-hand account of Wall Street in the 1980s. Despite its authenticity, the book receives criticism for an outdated market view, lacking practical trading insights, and an overall negative portrayal of a testosterone-soaked, greed-driven financial culture. Some readers express disappointment in [...]
Jim Rogers is one of the world’s most successful investors. He was the ideas man behind George Soros the trader. When he talks, it is a really good idea to listen. Jim Rogers was one of the first people to shout about commodities at the turn of the millennium. As [...]
The Zurich Axioms is a classic. In fact it’s the first investment book I ever read from cover to cover. It’s also got a very easy to read style. I was fourteen when I read it. This isn’t as odd as it sounds as Max Gunther claims to have been [...]
ProSpreads offers traders a fast and reliable way to spread bet the major indices, commodities and currencies. This is done through the ProSpreads trading platform which provides the same functionality as Direct Market Access. This advanced trading functionality has numerous advantages and attracts the serious speculator who is looking [...]
With spread bets and most futures contracts the only way you’ll see dividends is when they are reflected in the share price. Before a dividend is due to be paid the share price rises and after the dividend has been paid the share price falls. This is not the case [...]
It sounds like a nightmare. Why would anyone want to put their pension on the futures market? Yes you could retire rich, but the chances are higher that you will be headed for the poorhouse. It really does not sound like a good idea. We will have another post later [...]
