I am enjoying an investing seminar here in North Carolina this week, and am noticing the striking difference in the number of TV ads for the Presidential campaign here as compared to Kansas, where they are practically non existent. NC is a close state which explains it. Had to endure the Olbermann show; it’s a […]
Month: October 2008
Presidential debate 3: fat lady singing
Debate 2 is when Obama won the Presidency; Debate 3 is when he didn’t lose it. He has projected the gravitas required to be on the stage. He handles himself well under pressure. He speaks in complete sentences. You get the sense he is not trying to repeat talking points, but that he s actually forming […]
Reflecting on rewarding failure: markets
2 sets of financial institutions to think about, and the political leadership that’s deciding where to throw our money (1) Some made good loans and have lost no money in the recent meltdown. These are the community banks and credit unions that know their business and make good decisions in all market conditions (2) Some […]
A Reflection on Organization Development (OD)
Notes from a workshop interview with Dr David Jamieson: An Inquiry into Organizational Development (CTU Workshop Oct 11, 2008) What is Organizational Development? A philosophy about organizations, leadership and change. Also a collection of methods to help orgs manage change effectively that takes into account the human factors Tracing the OD roots. · […]
Market classification: Oct 11, 2008
Short term trading opportunities: the Tortoise mastermind
1. This year should demonstrate the practical value of the Tortoise market classification methodology. The ETF2 “Smart Steps” weekly recommendations combined with the ETF evaluation methodology has offered plenty of warning to protect your portfolio against the ravages of this year’s multiple bears. The assorted specialty reports have identified trends in multiple market sectors that […]
Profitable ETF trading strategies: leadership out of the abyss
Jimmy Rogers, trader extraordinaire, agrees with us at Tortoise Capital that it is outrageous that the bailout is designed to try to avert taking our medicine. You must hit bottom, and start over, in the same way that the market has worked for thousands of years. Bailing out 29 year old brokers that are unsound only perpetuates […]
Profitable ETF Trading Strategies: Appreciating Anchors
The Nobel prize winning work of Kahneman and Tversky featured an extensive examination of the biases we routinely committ which drive our thinking away from the purely rational economic man theorized by traditional economics. One of the more important biases they examined was the phenomenon of anchoring. We anchor when we place a higher value […]
Debate #2: commentary
Obama looks stiff when talking to people; saying “Look” sounded pretty harsh McCain is tired and confused Both are still using a lot more attacks than I expected given the strongly expressed desire to hear solutions Obama asking for a line item veto?! and posing as a fiscal conservative?! Still speaking stiffly. The 68 million acres […]
Profitable ETF Trading techniques: Understanding the importance of behavioral finance
We know that people pride themselves on their rationality and analytical skills. This is very evident in traders who invest a lot of psychological energy into their systems and personal discipline. And yet it is also very clear that psychology is extraordinarily evident in financial decisions. Time and again ,psychological pressures will over-rule rational analysis […]