This blog has been ended

Please note that I have ended this blog.

I would like to thank to every single member of my audience. It was so much teaching and fun to be sharing with you. My 'A Wealthy Mind' Blog has added me so much.

If you would like to continue reading from me, you can do so from the platforms listed below:
  • My new blog: "Rasyonel Olmak Gerekirse" (in Turkish), at which I will be sharing my views mainly on Turkey's financial markets, with a special focus on four sectors: Banking, automotive, telecom, and energy. These are the sectors which I've already been following closely as a part of my profession.
  • My twitter feed:

Yours truly,

Google+ rocks!

I've been researching Google+ platform for some time -- it has almost been a month, I guess.

My first impression is that Google+ rocks!

People are always the most important factor. I've screened a good many of profiles on the platform and built-up/optimized my circles. I've even created several pages to attract more people on my areas of expertise.

My audience? Not bad -- I currently have roughly 420 people who have me at their circles.

I can say that as of now, I have a pretty nice setup on Google+ in order to get the most out of the platform.

If you'd like to feed yourself from a highly intellectual crowd especially on issues like IT, engineering, arts (photography and painting), media, and politics, then you should be on Google+ platform as well. Just spend a couple of hours on the platform, and I think that will be enough for you to discover a good many of bits of awesome content.

You might start with examining my Google+ profile. People in my circles and my pages will most probably attract you as well.

So, please consider to give Google+ a chance, and in case you like and join, please consider to add me to your Google+ circles.

Does the world look more analytical than it really is?

I've been passing through my notes of the year 2009, and this quote grabbed my attention (again):
"The real trouble with this world of ours is not that it is an unreasonable world, nor even that it is a reasonable one. The commonest kind of trouble is that it is nearly reasonable, but not quite… It looks just a little more mathematical and regular than it is; its exactitude is obvious, but its inexactitude is hidden; its wildness lies in wait." G.K. Chesterton (1874 – 1936), one of the most influential English writers of the 20th century
Does the world look more analytical than it really is?

If it is so, does this mean that we shouldn't seach for the analytics of things?

I'm not so sure about the first debate, but as for the second one, I don't think so.

What do you think?

Blogger's new Dynamic Views template

Blogger's new Dynamic Views template is absolutely amazing. It gives the visitor the chance to change the layout of the blog in several ways, and I believe, this new style will be a game changer.

I've immediately switched my A Wealthy Mind blog to the new template. It will be a richer experience for my visitors this way.

Although the new template has some things missing at the time being (like a separate 'about me' section), I believe it will become more complete in time.

UPDATE (on Dec.1, 2011): I've switched back from Dynamic Views template. The thing is, the template has some things lacking like the stuff at the bar on the right-handside but Google have not added additional functionality yet. Maybe in the future, when the Dynamic Views template is complete, I return to it.

Al Pacino's inspirational speech from Oliver Stone's "Any Given Sunday"

I've been attracted by this scene from Oliver Stone's "Any Given Sunday" for a while. I am not sure whether it is Al Pacino's magnificient acting, or the brilliancy of the text that attracts me the most.

I've found the text of the speech from the internet. Here's the most impressive part for me:
"You know, when you get old in life, things get taken from you.
That's, that's part of life.
But, you only learn that when you start losing stuff.
You find out that life is just a game of inches.
So is football.
Because in either game, life or football,  
the margin for error is so small.
I mean, one half step too late or to early,  
you don't quite make it.
One half second too slow or too fast,  
and you don't quite catch it.
The inches we need are everywhere around us.
They are in every break of the game,  
every minute, every second.

On this team, we fight for that inch
On this team, we tear ourselves, and everyone around us
to pieces for that inch.
We CLAW with our finger nails for that inch.
Cause we know, when we add up all those inches
that's gonna make the fucking difference
between WINNING and LOSING
between LIVING and DYING."
I am a fan of state-of-the-art inspirational speeches, and would be so happy if you shared your favorite ones with me.

On hedge funds' huge advantage

Here comes another brilliant quote. It's from Julian Robertson, legendary hedge fund manager and founder of Tiger Management Co.:
"I think hedge funds have always had the huge advantage that they are the best way of paying the best money managers. And so the best money managers have matriculated to hedge funds, and I think that's why they are doing better than the rest of the crowd and they'll continue to."
Needless to say, I agree with Julian.

On risk and trading

Here is an excerpt on risk and trading from Curtis Faith, the author of the popular book "Way of the Turtle":
"The word risk can be defined as exposure to the consequences of uncertainty. Many traders try to control the uncertainty or to predict it. This doesn’t work. Like trying to predict the weather more than a few days in advance, predicting the markets is almost impossible. Instead of trying to control uncertainty, master traders focus their attention on timing and position sizing of their trades. The markets and what they do are not in your control. In contrast, what you do in response to what the market does is in your control. Reaction instead of prediction. This is the way of the master trader."
Brilliant, isn't it?