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Edge, Paradox, Bravery and the Stock Market

I have written in the past about the Kelly Betting Criterion, named after the Bell Laboratory researcher John L. Kelly. In short, ‘the...

How Investors Often Make Bad Mistakes En Masse

Having now written two series of articles exclusively for Trustnet on the subjects of ‘investment risk’ and ‘value investing’, I now turn...

Paying the Price of Overconfidence

Poor decision-making is largely to blame for the dreadful returns realised by US mutual fund investors. That is the conclusion of the...

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