Author Profile
More by Michel Pireu…
STREET DOGS: Zebras will lead you astray
There are two ways to invest: horses and zebras. Horses are obvious. Zebras are obscure
MICHEL PIREU: The last song I’ll ever sing for you
It’s the last time I tell you that you don’t have a chance
STREET DOGS: While exponential change is rare, it’s not uncommon
Think for a moment that the first patient was hospitalised in Wuhan with COVID-19 on December 12, 2019
STREET DOGS: Hidden traps in investor thinking
The efficient market theory should inform our decisions but not dominate them
MICHEL PIREU: Seeing quality that others overlook is just the first step
Unusual returns are not made by buying what everyone likes, but what everyone underestimates
STREET DOGS: Knowing total supply and demand that move share prices is hard
Some institutions are permitted to purchase insight to order flows from retail brokerage firms such as Robinhood
STREET DOGS: Regrets and joys of speculating
No matter how certain a speculation looks, there is always a likelihood it will go astray
MICHEL PIREU: Leverage in investing is comparable to size in nature
Body size in biology — like leveraging — accentuates the gains but amplifies the losses
