12/01/2008

Every Trader Must Read

A fascinating article, why talent is overrated, from Fortune editor Geoff Colvin that adds to the nature vs. nurture trader debate.

The answer again is nurture.

The problem is, according to the research he quotes, it takes about 10 years to become an expert in your field. So the issue with trading is, most run out of money before they get there. The education is very, very expensive.

Here is the article, a radio interview with Geoff, and his book.
Talent Is Overrated: What Really Separates World-Class Performers from Everybody Else

On another note here's a couple of video gems from todays BNN's Squeezeplay.

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