The Wealth of Nations, written by Adam Smith, is truly a masterpiece. Billionaires such as Warren Buffett and Charlie Munger have admired and praised Adam Smith's writing. Here's a video form Berkshire Hathaway's 2015 shareholder meeting, where Warren Buffett and…
Tag: Profit
Why Is Universal Basic Income (UBI) Detrimental For The Society?
As the gap between the haves and have-nots grows, the concept of Universal Basic Income (UBI) seems very appealing to the populous. In this week's blog post, I will talk about how the entire concept of UBI is flawed. I…
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How to Trade the News with Non-Directional Bias?
In my previous blog post, I talked about how to trade the news with directional bias. In this post, I will talk about how to trade the news with non-directional bias. Non-directional bias stems from the fact that an important…
Is Carry Trade Profitable?
Imagine getting paid interest everyday for holding onto a trade. You don't need to be actively trading or constantly looking at the market - all you need to do is HOLD! When I was learning to trade Foreign Exchange, I…
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