The last big bubble burst

“Most people overestimate what they can do in one year and underestimate what they can do in ten years.” Bill Gates Bill's observation about our ability to over-hype the near future and underplay the long term really holds true in bullish markets. You can see it at the moment, both in the hype surrounding next … Continue reading The last big bubble burst

Digital fragility

I'm currently reading Nassim Nicholas Taleb's Antifragile. It's not the easiest of reads (a prequel written after a sequel starts on a bad footing - just ask George Lucas) but a fascinating concept - that the opposite of "fragile" isn't "robust" or somesuch (which are just neutral concepts) but rather "antifragile" where things get stronger … Continue reading Digital fragility

The Malcolm Gladwell Effect

I'm currently about half way through Malcolm Gladwell's latest book, David and Goliath. The core of his thinking appears to be that where we often see the underdog as having disadvantage against the overdog, actually what are often regarded as advantages can be anything but. It's thought provoking, and as ever with Gladwell incredibly well … Continue reading The Malcolm Gladwell Effect

The Book Shelf

An old friend of mine yesterday asked me to share a list of the things I've been reading recently. Thought I'd share more widely: 50 Economics Ideas You Really Need to Know: your really need to know (50 Ideas) a bluffer’s guide to economics Adland: A Global History of Advertising another self-explanatory title. Useful to … Continue reading The Book Shelf