2012

Hello From Toronto A Culinary Tour

March 15, 2012 Posted by espoira

From the former mayor’s office we had a perfect view of themarket and we also had a beautiful vista of the downtown skyscrapers and the famous Flatiron Building to the west, and St. Lawrence Hall to the north. Bruce took us down the stairs in themarket hall itself and shared various tidbits of history with us. The shoreline of Lake Ontario used to be right at Front Street, and after landfill was added, the Esplanade became the waterfront, and today several hundred meters of additional landfill have expanded the city’s territory to a new waterfront.

Vix And The Psychology Of Markets

January 8, 2012 Posted by espoira

Investor psychology has been analysed for at least 250 years. Charles MacKay wrote his book, ‘Extraordinary Popular Delusions And The Madness Of Crowds’, in 1841, describing, among other manias, the herd mentality that caused the South Sea Bubble. Since then, many academics have published financial theories based on the concept that individuals act rationally and consider all available information in the decision-making process. But real life frequently demonstrates that the behavior of equitymarkets is irrational and unpredictable. A field known as “behavioural finance” has evolved over the years attempting to explain how emotions influence investors and their decision-making process. Studying...