Tag: red

The Gambler’s fallacy

The Gambler’s fallacy

The Gambler’s fallacy is a psychological error, also referred to as the fallacy of the maturity of chances. It is the belief that deviations from expected behaviour revert to mean. This is often referred to as ‘the law of averages’, I prefer to call it ‘The flaw of averages’

It layman’s terms it’s the feeling your mind gets when 15 reds pop up on the roulette table. There can’t be a sixteenth can there? So you bet black. In reality, …

11/12/2012 | By | Reply More
Tennis traders turn blue into green

Tennis traders turn blue into green

The tournament in Madrid has caught my attention this week. I haven’t traded it much in the past, but the move to blue clay caught my attention. I love uncertainty, as it often creates opportunity.

Madrid is playing on a new surface this year, blue clay. Officially the surface is supposed to play the same as red clay but the top players are complaining that it’s playing nothing like normal, “It’s too slippery”. Players have complained that it is hard …

10/05/2012 | By More
Cardiff fans turn red over blue

Cardiff fans turn red over blue

Continuing the blue theme from yesterday. Cardiff fans up in arms as the bluebirds look like they will be forced to change colour. Full story: –

https://www.thesun.co.uk/sol/homepage/news/4305460/Blue-murder-as-Cardiff-turn-red-Cardiff-City-to-change-their-strip.html

However, the owner may have a point. I pointed out some scientific research on a previous blog post. One element of this was looking at the effect of red and blue and how it affects sports performance or the interpretations of officials in sports tournaments. The results were fascinating.

See the original blog …

10/05/2012 | By More
Red vs. Blue

Red vs. Blue

I recently watched an episode of Horizon on BBC iPlayer. These documentaries are right up my street and I love exploring some of the more esoteric views of things. This particular episode was all about colour and how the brain interprets colour. It was really fascinating as it highlighted that a lot of the colour you see is “interpreted” by the brain and not actually “real”.

One element of this was looking at the effect of red and blue and …

18/09/2011 | By More
A sea of red

A sea of red

Fortunately this doesn’t reflect my betting exchange activity, tepid though it is this week. The title refers to the chaos in financial markets. As a lot of your know I am heavily invested in financials and it’s part of my grander plan to eventually sit on my bottom each day doing nothing. I’ve been actively investing since 1990 and messing around for longer than that. It was gambling that lead me to the great casino of the lot, the stock …

09/08/2011 | By More
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