Radio Feature 47: Denise Shull in conversation with Sona Blessing
Thursday, April 26, 2012
Denise Shull is founder of The ReThink Group and author of the recently published
Market Mind Games, McGraw-Hill, January 2012.The book reflects her expertise in neuroscience and draws on her extensive trading experience. She is an acknowledged decision theorist and thought-leader in the psychology of risk, uncertainty and exceptional performance. Denise specialises in trading index futures and currency futures.
Download this feature as MP3 (9.87 MB)
Listen to the complete feature
Or listen to selected sub-features
“When it comes to investing, we’re taught to “conquer” our emotions.
But your research suggests that we need to use our emotions. Could you elaborate on how and why?
How important is the emotional context when it comes to decision making?
Is it possible to interpret emotions and analyse them in a systematic way?
How does one optimise conscious and background emotions?
You say “Markets are just human perception. If you think of the market as a social game, you actually will understand the movement of the numbers better.” Could you elaborate on this?
How do you approach concepts such as information gaps, edge, unequal distribution/access to information in conditioning behaviour and the decision making process?
Would you have thoughts that you would like to share with traders?
Investing - George Soros puts $500m of his money on Bill Gross, Soros, Paulson backed Hispania Activos mulls Realia takeover, Ex-Credit Suisse trader’s hedge fund sees yen shorts as crowded, Hedge hunters double default-swaps as views split, Large hedge fund positions come under pressure, Vikram Pandit's fund picks 50% stake in JM Financial's realty lending arm for $87m [more]
George Soros puts $500m of his money on Bill Gross
From WSJ.com: Before Bill Gross was fully settled in at his new firm, Janus Capital Group Inc., he received an unlikely visit from the chief investment officer of famed investor George Soros ’s firm, according to a person familiar with t Unlucky Paulson & Co. rebrands $1.6bn Recovery Fund after 13% drop [more]
From Businessweek.com: A maturing U.S. economic recovery is prompting Paulson & Co. to change course. The $19 billion hedge fund firm, led by billionaire John Paulson, told investors on a conference call this month that the Paulson Recovery Fund will be renamed Paulson Special Situations Fund on Jan Europe - Hedge funds face exit tax as Iceland central bank discusses plan [more]
From Bloomberg.com: Hedge funds and other creditors with claims against Iceland’s failed banks face an exit tax as the island looks for ways to unwind capital controls without hurting the economy. The government targets having a plan it can present by year-end that would map out how Iceland will sca Opalesque Exclusive: Risk management emerges as a competitive focus area for hedge funds [more]
Bailey McCann, Opalesque New York: Risk management has always been a core component of any trading strategy, as well as a critical part of business management. However, as macreconomic weakness persists, and alpha becomes increasingly hard to generate, risk management as emerged as a more promin CTAs , event-driven strategies lead hedge funds recovery in mid-November [more]
Komfie Manalo, Opalesque Asia: November’s performance proves to be in sharp contrast to the previous month, with equities further consolidating their upswing last week, according to the latest Lyxor Asset Management’s Weekly Brief.
CTA funds als