RJ: the asker of great questions, asked: Hi Ken, Do you have anything written on a weekend review process for a trading journal and trade chart markups? Double loop learning requires review of work but I don’t have a well-defined process for weekend reviews. I searched the chatroom and your essays but either didn’t use […]
Category: Markets
Approaching trading as a High Reliability Organization (HRO)
We know from scholarly and popular literature that 90% of new businesses fail in the first five years as an additional 90% fill in the next five years and yet there are groups of organizations that are remarkably successful while operating the most difficult of circumstances when you would expect failure to be the norm. […]
Detroit: it’s what you insisted on
It’s sad to see my home town descend into such disgrace. It wouldn’t be this bad if Republicans were in charge and were really as evil as Democrats are incompetent. Unemployed and not looking 47% 35% on foodstamps; 1000s of homes abandoned’. Population cut in half in 20 yrs “Leaders” crying out for more dole […]
Converging run-up to the election
The market continues to hem and haw leading up to the election. Following that the sequestration decision has enormous implications for next directions in the US mkt. There’s a 1.5T potential swing based on who wins and how sequestration pans out. In the worst case (in my view) Romney wins, and tries to spend an […]
Reflecting on pride…
examine the difference between “the source of pride” and “the need for pride” 2 related but quite different feelings that satisfy different needs? do they arise from different places from within? we can’t choose our feelings but we can work on breaking the automatic linkage between feelings and action through mindful effort we can learn […]
Obama’s bootstrap problem
Spoken by a guy who has never started or run a business in his life. When you compare the level of input by a small business owner to what “help” is provided by others. What a pandering fool. There are a lot of wealthy, successful Americans who agree with me — because they want to […]
Being young in America means you get to pay
Upholding Obamacare means young people now get to learn what its like to pay for everyone else’s healthcare and not just their Social Security now. Maybe this is why we don’t teach them math skills, so that they dont understand what we are doing to them
There was a ton of press about the horrors of JP Morgan about 2B in losses but here is California misunderestimating their budget shortfalls by 7B in the last 4 minutes California’s budget deficit has swelled to $16 billion after tax collections trailed projections amid the tepid economic recovery, Governor Jerry Brown said in a comment on […]
Budget cutting by reducing farm subsidies
I see liberal commentators like Cenk Uygur applauding the reduction of 280B from the proposed budget, as an end to corporate crony capitalism. As if that’s not going to have an effect on the price of food, which is a disproportionally higher percentage of the budgets for the poor than the rich. Cut 280B from […]
Buffet making money the old fashioned way
It’s not what you know, It’s knowing who butters your bread There is no correlation to Buffet’s public position on tax policy favoring Obama’s redistruibutionist policies