Bristlemouth - A Value Investing Blog
January 30, 2012
There is a grey line when it comes to insider trading. Much of what I do as a job is trying to collate information that other investors don’t yet have. If you sit on the side of a newly opened toll road and count the cars going past, you might be able to collect information that the owner of the toll road hasn’t yet released. Is that insider trading? We haven't done it, but if you were to spend the time and money to fly to New York, drive to Long Island and investigate which of RNY’s previously unoccupied commercial properties now have tenants, would that be insider trading?
Not in my books. The information is publicly available, it’s just that most investors couldn’t be bothered looking for it.
Then More...
January 27, 2012
Earlier in the week I asked Bristlemouth readers a couple of unrelated questions:
1. What are the last two numbers of your mobile phone number?
2. What percentage of countries in the United Nations are African?
We received 218 responses to our little poll and we split the responses up into those with a phone number than ends between 50 and 99 and those with a phone number between 00 and 49. The results look like this:
Last two digits of phone number
Average guess for number of African countries in United Nations
00-49
23.53
50-99
23.83
For More...
Comments (8) | Category:Investing | Tags: anchoring, dan ariely, Investing Psychology
January 23, 2012
Hi Bristlemouthers,
I'm interviewing Dan Ariely for an Intelligent Investor podcast on Wednesday. We want to do a small experiment before the podcast, though, and need your help.
Could you please answer the two questions below? Please don't look at Google and don't worry, you'll understand when you listen to the podcast.
EmbedManager.embed({
key: "http://fs9.formsite.com/res/showFormEmbed?EParam=jFMIig1ZP57sa4dtte%2BJztt7h1SghSJ6&777798132",
width: "100%"
}); More...
Comments (2) | Category:Investing | Tags: dan ariely, Investing, psychology
January 23, 2012
Amidst the doom, gloom and malaise of Australia’s retail sector, JB Hi-Fi has launched a beta version of its new music streaming service JB Hi-Fi NOW.
Subscription-based music services seem the logical way to listen to music. Why bother downloading and owning music if you can pay one subscription fee and access whatever music you want, whenever you want?
Like many seemingly obvious technological advances, the idea has been around for years but has been restricted by slow internet speeds. In many countries it is now taking off and, with the roll out of the national broadband network, Australia is likely to follow suit.
Will JB Hi-Fi be one of the winners? I set II Funds analyst Matt Ryan the task of checking it out (I’m More...
January 16, 2012
I spent Saturday night in the Blue Mountains, about an hour west of Sydney. Unlike the sensible people on this cold, wet, foggy night, I wasn’t perched next to a fire with a good book. I was in a trail running race, the 20km Narrowneck Night Run.
Last year, the sunset views from the Narrowneck ridge were spectacular. This year you couldn’t see 10 metres in front of you. About 14km in it was pitch black and my headlamp worked like the high-beam lights on your car; in the fog I couldn’t see a metre in front of me.
It’s a strangely conducive environment for thinking. The field of runners spreads out until you can’t see any headlamps in front of you and can’t hear anyone behind. There’s the sound More...
Custom Search 2
Receive every post in your inbox
Justin J O'Kane, CFA on Bears Turn To Bulls In The Space of A Month
Alvise Peggion on Bears Turn To Bulls In The Space of A Month
Ed youds on Bears Turn To Bulls In The Space of A Month
Gary McCluskey on Bears Turn To Bulls In The Space of A Month
Justin J O'Kane, CFA on Stuffing up the Dan Ariely Survey
Justin K on Stuffing up the Dan Ariely Survey
