A WSJ article on why most of us trade stocks the way we do, came up and slapped us on the side of our head. Not because of our stock-trading style, but because of the following sentence:
“Directly behind your forehead is a region of the brain known as the frontopolar cortex. Much larger in humans than in other primates, this area is critical to such advanced mental functions as memory, exploring new environments and making decisions about the future.”
This little snip explains a phenomenon we experienced years ago. We are an idiot savant
when it comes to spelling. Our DDH, the brilliant engineer who couldn’t spell for beans, used to say to us, in absolute wonderment, when we had told him how to spell a German word then asked him what the word meant, “How do you do that?”
“Simple,” we replied, smugly, since that was the only talent we had that bested him. “I read it off of the inside of my forehead!” How little we knew!! The exploring new environments included reading everything in sight, even magazines and advertising circulars in German.
And now to the burning question of what is the best weight-loss drug? A lot of new ones are coming on the market, along with a lot of new diet books. So we have to jump in as well, since our own weight-loss efforts seem, finally!, to be having an effect.
We’d say the best drug is probably adrenalin, known in the U.S. as epinephrine. That is what gets pumped out on orders from your brain to a leetle gland on top of your kidneys, when you exert yourself, especially if you are scared. NO, we are not saying to get medical-type adrenalin, just make your own with your own body.
And, finally, another little snippet from that WSJ story:
“Among the mutual funds that were in the top half of performers in late 2009, according to Standard & Poor’s, only 49% of them still remained in the upper half a year later; a year after that, only 24% were left. That is just about what you would get if you flipped a coin. Trying to find the winners is futile if victory is determined largely by luck.”
What have we been telling you???
BTW, as the author of that article advises, we do have several criteria for holding stocks. Most company stocks we have been in our portfolio have been there four-plus years, some for decades.