Lucky Becky

When it comes to being lucky, many people have had the experience of gaining something for nothing in their lives. It could be winning a little lottery in the company’s annual dinner, making a staggering sum in a casino, or just picking up money on the street. While most of them attribute these kinds of things to sheer coincidence, there was a woman who proved that luck is more than just random chance.

Cutting Losses

Itzhak Ben-David is a prominent economist in the United States. In 2012, he co-authored a ground-breaking paper, which was titled “Are Investors Really Reluctant to Realize their Losses? Trading responses to past returns and the disposition effect” (Ben-David & Hirshleifer, 2012). As the title suggests, it studies how retail investors to enter and exit as their positions develop.

The Right Moment

The Second Punic War (218 BC – 201 BC) was a major conflict in Europe from 218 to 201 BC. It was fought between Carthage and the Roman Republic, the two superpowers of that time. At the beginning of the war, Carthage had the advantage because their general, Hannibal, was a military genius. It began when Hannibal surprised the enemy by crossing of the Alps and attacked the Romans where he was the least expected. He crushed the Roman armies in the Battle of the Trebia and the ambush at Trasimene. 

The Price Cycle

Richard Wyckoff is one of the most famous traders and analysts in the stock market. He invented many ground-breaking concepts in technical analysis which still remain valid today. One of his greatest contributions is his analysis in the different stages of the market. According to his work (e.g. Wyckoff, 1931), the share price of a company usually goes through four stages. Each stage has different characteristics in terms of fundamental and technical behaviours, and should be handled differently as a result.

Seeing the Unseen

Abraham Wald was a Jewish mathematician in the early twentieth century who was born in Austria-Hungary (now Romania). He later immigrated to the United States and started a new life there. One of his greatest contributions to the United States was helping the U.S. military to design their planes. During the Second World War, the B-29 bombers of the Allied were being shot down from time to time. They would like to fortify their aircraft, but if they did, it would sacrifice the mobility of the planes by adding weight to them. Therefore, the additional armour must be added to only the most fatal areas so that they could keep the increase in weight to a minimum.

Magic T Theory

The T Theory is a method of analysis in the stock market. It was developed by former U.S. Marine Corps Terrence H. Laundry, and is highly endorsed by famous trader Martin S. Schwartz. The basic premise of the theory is that, if the market just spent six months going sideways before hitting a low, then the theory predicts that it will go up from there for 6 months. Therefore, if you can measure the time of the previous correction, you will have a good idea when the current trend will end.

Fixing Window 10 Wifi

It could be stated, without exaggeration, that Window 10 is one of the most disturbing operation systems in computer history. Almost every update that comes with it brings problem to the user. One of the most recent update is reported to have messed up the WiFi drivers in thousands of computers. Even though the company has responded to the situation, and urged the affected users to update their drivers as soon as possible, they do not elaborate on how the users are supposed to download the driver when they cannot use their WiFi in the first place.