Knowledge Centre

The tale of a boy and a donkey

A Tale of an Old Man, a Boy and a Donkey.

Have you heard the tale of the old man, the boy and their donkey? An old man, a boy and a donkey were going to town. The boy rode on the donkey and the old man walked. As they plodded along they passed some people who remarked it was a shame the old man was […]

Read more
Questioning your hiring and firing policy

Questioning your hiring and firing policy.

I’ve never been in a position to be hiring or firing a lot of people. I come from a background of small teams, although I always knew there was someone above doing the nasty work. I recently had a discussion with the owner of a small business that wasn’t going too well. He explained to […]

Read more
trading secrets

Trading Secrets: The Secret Is Not Here…

Trading secrets. Authors claim to know them but the reality is there are no secrets. Just like there’s no Holy Grail (thus why I wrote Unholy Grails). I’m often asked to list my favourite, most influential trading books. The books with trading secrets. Over the last 35 years I’ve read a LOT of trading books, […]

Read more
billionaire trader

Who wants to be a Billionaire?

I wanna be a billionaire so *@#&ing bad Buy all the things I never had I wanna be on the cover of Forbes magazine Smiling next to Oprah and the Queen So says Bruno Mars. It wasn’t Forbes but it was the BRW Rich List I was flicking through recently. I do it every year […]

Read more
The Problem With Fishing

Calming the Mind & the Problem With Fishing

Over the years I have worked hard on calming my mind. Lowering the internal chatter. Moved away from constant stock prices, P&L, systems and other trading ideas that flood it. Now I just read fiction. I rarely read trading books these days. And I used to play a lot of golf. The problem with golf […]

Read more
recipe for trading success

A Recipe for Trading Success – The Slow Chef

A recipe for success or a recipe for marriage disaster? A few years ago I decided to make a concerted effort to do a little more cooking. Well, maybe start doing some cooking is more like it. We’re talking about a bloke who lived at home until he got married. I could handle a barbecue, […]

Read more
trading fears

Trading Fears: There’s A Monster In The Bed

Trading fears are similar to childhood fears. I remember when I was very very young I’d hear noises in the night. I’d do ‘the walk’ – you know the one that all 4 year olds do. Sprinting down the hall to your parents room and safety from the monsters lurking outside. I’d stand at the […]

Read more
digging your way out of trading losses

Trading Help – Dial Before You Dig.

Trading help – we receive these calls most days. It sounds something like this… Above is a picture of a shovel (or spade. Tomato / potato) It is used to dig holes. Unfortunately a lot of people dig holes in inappropriate places…like the stock market. Taking quick profits and not allowing the trend to run. DIG. […]

Read more

Why Useful beats Amazing

Winning Lotto would be amazing. Shooting a hole in one would be amazing. Having a bank account like Warren Buffett would be amazing. But all are grossly unrealistic. Having a job is useful. Just staying on the fairway is useful (note to self). Making each trade, one at a time, day after day, month after month, […]

Read more
some sage advice

Some Sage Advice From Sgt Schultz.

Who would have thought some advice from a Stalag 13 guard some 50 years ago would be so useful to investors today? Let me tell you about a guy I knew in 2002. Let’s call him Harold. He was trying to manage his own super fund which was worth around $400,000 at the time. It’s […]

Read more