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Poems

Charlie Munger’s Favorite Poem

I to my perils
Of cheat and charmer
Came clad in armour
By stars benign.

Hope lies to mortals
And most believe her
But man’s deceiver
Was never mine.

The thoughts of others
Were light and fleeting,
Of lovers’ meeting
Or luck or fame.

Mine were of trouble,
And mine were steady,
So I was ready
When trouble came.
-By Housman

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Video

Why not sleeping properly is affecting your trades

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Links

Linkfest:Nov 14,2012

Some stuff I am reading today morning:

India to celebrate a ‘Made in China’ Diwali (WSJ)

Broking houses to give a miss to Diwali bonus (ET)

Stock Guru involved in 500 Crore fraud (FE)

Academic Dream Team helped Obama’s effort (NYTimes)

Playing the victim after getting caught (MoneyLife)

Google has officially eaten the newspaper industry (Slate)

A better way than buy and hold (DailyReckoning)

Hedge fund returns lag but pay rises (AICIO)

Why a quant model’s success fades over time (Morningstar)

Easy way to minimize drawdowns (Darvas)

Avoid moving money from the many to the few (ZikomoLetter)