The Value of Checklists

“Avoidable failures continue to plague us in health care, government, the law, the financial industry – in almost every realm of organised activity. It is the simple checklist that can bring about striking improvements in a variety of fields.”

This quote is taken from The Checklist Manifesto by Atul Gawande, a book that argues we can do better by using the simple method of checklists.

In the increasing complexity of life, it has become increasingly important to use checklists – building a skyscraper, performing surgery, servicing a car, flying a plane, all these things have lower error rates when utilising a well-constructed checklist.

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avoid speculative bubbles

How can I avoid getting caught in speculative bubbles?

Why is it that many investors get caught up in the hype of making a quick fortune and instead experience poor or mediocre results?

The financial world is littered with examples of speculative bubbles.  This is often when common sense goes out the window and people get caught in the lure of making easy money.  And it doesn’t seem to matter that these bubbles and the disasters that can follow are well documented.

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investing and sport

Investing and Sport

I recently had the good fortune to be invited by Platinum Funds Management to attend a presentation by former Australian Rugby Union player, Ben Darwin.

Since his career ending neck injury, Ben has established a sports analytics company and his anecdotes had interesting correlations with investing.

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