An interesting article called, "A sea change in shipping", discusses what could be perceived as a very plain topic: boxes. As it turns out, box containers have had a profound impact not only on the shipping industry, but the very nature of trade. The advent of box container shipping has helped transform the type of goods the world sends and receives, and the efficiency with which they come to market.
Trading wisdom recap: Steve Clark , founder of Omni Partners, was featured in Jack Schwager's 2012 book, Hedge Fund Market Wizards . Clark's interview with Schwager provided us with some valuable trading insights; "Lessons from Hedge Fund Market Wizards: Steve Clark" was one of our most popular posts ever. If I had to pick my favorite sections from Clark's chapter, it would be boiled down to these two concepts: "Do more of what works (and less of what doesn't work)" and "Manage your equity curve". Here's his full quote on the supreme importance of growing your equity curve : "Your job as a trader is to make the line of your equity curve go from bottom left to top right. That's it. Don't get hung up on other supposed "mandates". Protect your capital and the direction of that equity line. " I will leave you with one last series of quotes from Steve Clark's interview with Jack Schwager. ...