Fractals & The Stock Market

There’s a show airing on PBS this week that may interest some of you — NOVA: Fractals: Hunting the Hidden Dimension What do movie special effects, the stock market, and heart attacks have in common? They are connected by a revolutionary new branch of math called fractals, which changed the way we see the world [...]

Surviving Speculation

Here’s an article by Adam Hamilton about how to speculate successfully. It covers what should be familiar topics — money management, position sizing, trailing stops and expecting the unexpected. Here’s a snippet: This week I would like to discuss tactics that speculators can use to survive and thrive in a limitless environment. The markets could [...]

Expect the Unexpected

I was moved to do some research on Nassim Nicholas Taleb by some reader comments on my expectancy post. I began by looking at the reviews of his book, Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets, over at Amazon. Here’s just one of the reviews: If the prescriptions [...]