Monthly Archives: January 2009

The Black Swan

Black Swan review On its Spring 2007 release Nassim Taleb’s The Black Swan was hailed as a thought-provoking and radical masterpiece. In the light of recent world events it can be considered prophetic following Taleb’s chapter 14 warning: ” I … Continue reading

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Know your goals, know yourself

“I’ve just inherited $20,000, what should I do with it?” Of course, this question is impossible to answer without a lot more information about the questioner. We all have goals – stated or subconscious – and identifying these is the first … Continue reading

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Crisis Investing – Three-Pronged WCM Strategy

by Steve Selengut One of the great things about being a professional investor is the opportunity one has to apply his or her long-term experience to the investment environment that is unfolding (or coming unglued) in the present. If nothing … Continue reading

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The Investment Gods Are Angry

by Steve Selengut The Working Capital Model (WCM) is an historically new methodology, but with roots deeply imbedded in the building blocks of capitalism, and financial psychology— if there actually is such a thing. The earliest forms of capitalism sprung … Continue reading

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Fooled by Randomness

Nassim Nicholas Taleb The Hidden Role of Chance in Life and in the Markets Tempted to entrust your hard-earned dollars to Wall Street’s latest fund management genius? Think twice, warns Taleb, the manager’s success is more likely down to luck … Continue reading

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