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To Be A Great Trader, Think Like Wayne Gretzky

Justice Litle (November 17th, 2008) Writes:

Market forecasting can seem like a futile exercise. After all, 95% of the time, predicting what will happen next is impossible. But Justice Litle says its the huge opportunities on offer in the other 5% that make investing worthwhile. Here, he explains how traders can draw inspiration from ice-hockey legend Wayne Gretzky…

This from Taipan Daily:

Wayne Gretzky is widely regarded as the greatest ice hockey player of all time.

At first glance this is an odd thing. When you think of hockey players, you normally picture big, burly, broken-nosed guys with hulking frames and lighting-fast reflexes. (Or at least that’s what I picture. But then I’m not Canadian, eh.)

Gretzky, in contrast, was never all that big. At six feet and 185 pounds, he comes up an inch shorter than your humble editor (who also happens to weigh 185).

That’s not a lot of

...

Jaromir Jagr and the Freedom of Low Expectations

Robert Amsterdam (October 29th, 2008) Writes:
jaromirjagr102908.jpgAlthough he used to wear the number 68 to commemorate Prague Spring, former NHL star slash advocate for Russia's new ice hockey league, Jaromir Jagr, has changed his tune. This comes from the New York Times via AOL Fanhouse: "Here, it's not like in the U.S.," Jagr says at a different point. "You got such freedom, it's hard to believe. In the U.S. you have so many rules, everything's regulated and structured. When you make a mistake you pay for it - a lot." It is a theme that Jagr returns to often, the freedom of this strange place. It is not so much that his departure from New York has left a disquieting wake, but that he has discovered the unlikely and unexpected promise of Siberia. "Look at A-Rod," he says. "No matter how well you do - they ...

A Death on Ice in Russia

Robert Amsterdam (October 14th, 2008) Writes:
alexei101408.jpgThe fervent brand of nationalism that has flourished in Vladimir Putin's Russia has taken on many forms, from Nashi youth rallies to nostalgic trends of consumerism to violence against immigrants. But perhaps the most vibrant arena for these patriotic exercises in national pride and supremacy (almost exclusively defined by comparison to the United States) is within sports nationalism. Many have already commented on Russia's bid, beginning last year, to build a competing elite ice hockey platform known as the Kontinental Hockey League (Континентальная Хоккейная Лига, or KHL), which would eventually overcome the popular National Hockey League in the United States, and lure away all the premiere talent with higher salaries. Look no further than how the state-run media has covered the rise of the KHL to see the enthusiasm of injecting nationalism ...

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