Louise Bedford and Chris Tate are your unfair advantage in the sharemarket. We put money into trader's pockets and make it stick.
Melbourne, Australia
Joined February 2021
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Trading Game retweeted
Equal-weighted Nasdaq100 up 17% since the June lows for the market because “it’s only 5 stocks”? How bad at math do you need to be to think that it’s only 5 stocks driving this market?
via @allstarcharts
allstarcharts.com/tell-me-wh…
Trading Game retweeted
A quick reminder as to why the Battle of Yorktown was so important...
Trading Game retweeted
Responsibility and trading - not two words you normally hear from most traders unless you drop the phrase "lack of" somewhere in the sentence.😉
Radical Responsibility means doing what needs to be done, not doing what 'feels' good.
RR means that it always takes 2 to Tango, what did I do or avoided to do that lead to this situation?
RR is a way of life that cultivates self-trust, certainty & confidence
#tradingpsychology
Trading Game retweeted
Decisions based on gut feel can be dangerous for investors. Environments which are unstable, noisy and prone to change through time are not ideal for making reliable intuitive judgements.
behaviouralinvestment.com/20…
Trading Game retweeted
'Radical Responsibility' is a fascinating concept for traders. Similar to the 'Extreme Ownership' mindset of US Navy Seals Jocko Willink & Leif Babin, this idea requires individuals to take full responsibility for their actions & decisions.
In last week's AlphaMind Podcast,Trader Performance Coach Mandi Rafsanjani (@MPX_Trader) shared an incredible story about observing #trading icon @LindaRaschke embracing the principles of Radical Responsibility up close. This powerful mindset has undoubtedly contributed to Raschke's phenomenal success as a trader, and is a must-learn concept for anyone in the financial world.
🎧Podcast: bit.ly/414pm26
📺YouTube: bit.ly/42jPQxU
Trading Game retweeted
If ever you fall into the trap of believing that management in general and Silicon Valley management in particular knows what it is doing just consider....
xitter.cf/TrungTPhan/status/1655…
Yahoo! is the Forrest Gump of tech what-ifs.
It had a dotcom peak valuation of $125B and ultimately sold to Verizon for $4.8B in 2016.
Here are 5 of its wildest whiffs:
▫️1998: Refuses to buy Google for $1m
▫️2002: Google says it will sell to Yahoo for $5B (but Yahoo only offers $3B)
▫️2006: Yahoo offers $1B for Facebook but Zuckerberg turns it down (allegedly, if Yahoo increased bid to $1.1B, the board may have pushed for sale but Yahoo wouldn’t budge)
▫️2008: Microsoft offers to buy Yahoo for $46B (Yahoo says “no”)
▫️2013: Yahoo buys Tumblr for $1.1B and writes it down to $230m in 2016 (instead of Tumblr, it considered buying Netflix for $4B —> now worth $140B)
Trading Game retweeted
Absolute genius....
xitter.cf/TurnerNovak/status/165…
Trading Game retweeted
Ya think.......
Former Yahoo CEO Marissa Mayer regrets spending $4 Billion on Tumblr instead of Netflix $NFLX. You don't say? 😂
Trading Game retweeted
Clearly we are all in the wrong business.
xitter.cf/buccocapital/status/16…
Trading Game retweeted
Everyone has one of these. Perhaps not quite this order of magnitude though because not everyone is Drunkenmiller.
Trading Game retweeted
Episode 13: Nudge (Part 1)
In 2008, an economist and a law professor proposed an era-defining political idea: What if the government stopped doing politics and started doing marketing?
podcasts.apple.com/us/podcas…
