From wikipedia Cognitive dissonance – In the field of psychology, cognitive dissonance is the mental discomfort (psychological stress) experienced by a person who holds two or more contradictory beliefs, ideas, or values. This discomfort is triggered by a situation in which a person’s belief clashes with new evidence perceived by
A popular story told is that inequality is a bad thing and brings social discontent. That’s the wrong way to look at it. Inequality itself isn’t the problem. In fact I’d say it’s necessary for society to progress. Let me explain. When we see our fellow man working hard and
While indulging in a most delicious barbecued steak washed down by a lovely South African red a couple weeks ago a friend was telling me about a recent seminar he attended. As a senior executive at a Swiss private bank he regularly attends these things. The topic. “How to invest
There’s a problem coming though it’s likely not what you’ve been told. In a previous article “The Real Reason For A Refugee Crisis In Europe” we looked at the actions taken by western governments in order to fill the income gap on the Ponzi scheme of entitlements via mass immigration.
The Hong Kong of today won’t be the Hong Kong of tomorrow. Now, I know what some of you are going to say. That Hong Kongers are just money grubbing, fast moving, fast eating, efficiently evolved economic animals. There is a nugget of truth in that. It’s what happens when
Taking a closer look at Iran’s gold-backed cryptocurrency. Are there better alternatives for investors?
I’ve been thinking that at some point in the future I want to buy the snot out of pot stocks. Did I say in the future? Let me explain by taking you back to the 2000’s. Remember the mid 2000’s? Nokia was still “the bomb”, wearing bandanas was cool, and
When Michael Burry saw the impending housing crisis looming large, he went out and bought credit default swaps on subprime mortgages. What did he know that the broad market didn’t? He knew the structure of the housing market better than most because he did the homework. He dug through the