The AlphaMind Project
The AlphaMind Project Ltd
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Successful trading and investing have never been easy. Only very few can successfully encounter and navigate the turbulent waters of financial markets and remain standing nearly four decades later.
One of those who have managed this is Jonathan Baird, who in his long career (managing primarily international/global equity mutual funds) has managed three different number 1 ranked funds and has won a prestigious award for the best global equity fund in Canada.
Jonathan subscribes to the view that whilst the challenge is the market, the real enemy that we face is ourselves. This underlines his work, with a strong focus on being self-aware, challenging himself, managing himself, ensuring he aligns his work, his purpose and his personality in a way which is the most productive and effective for himself.
This is the drumbeat which we at AlphaMind bang loudly and firmly to traders, work on yourself, not purely on the technical aspects of markets or your system. Work on understanding your process and how you come to make decisions, choices, and actions. We believe that trying to solve the puzzle of the markets and where markets go is half the battle, and possibly the easier half. Trying to solve the puzzle of yourself and how you encounter markets, risk, uncertainty, how you take and manage risk, and how you deploy both your physical capital and your psychological capital. How you remain above the fray is vital, and that requires learning about yourself at a deep and conscious level. In this podcast interview, Jonathan talks about his personal journey and the challenges he faced and had to overcome.
Jonathan also believes that a high-quality source of independent analysis and opinion can make the process more efficient and lead to better-informed decisions. This has led Jonathan to start and distribute his own outstanding monthly newsletter, the Global Investment Letter, in which he provides outstanding and thought-provoking insights and analysis, and which is read by thousands of professional investors and money managers.
AlphaMind do not offer trading or investment advice and do not take responsibility for any investment or trading actions or decisions taken by clients or any observers of our material in any form of media, either now or in future.
Editors’ Picks
EUR/USD struggles near 1.1850, with all eyes on US CPI data
EUR/USD holds losses while keeping its range near 1.1850 in European trading on Friday. A broadly cautious market environment paired with a steady US Dollar undermines the pair ahead of the critical US CPI data. Meanwhile, the Eurozone Q4 GDP second estimate has little to no impact on the Euro.
GBP/USD recoers above 1.3600, awaits US CPI for fresh impetus
GBP/USD recovers some ground above 1.3600 in the European session on Friday, though it lacks bullish conviction. The US Dollar remains supported amid a softer risk tone and ahead of the US consumer inflation figures due later in the NA session on Friday.
USD/JPY rebounds above 153.00 ahead of US inflation data
USD/JPY stages a comeback and regains 153.00 in the Asian session, snapping a four-day losing streak amid some repositioning ahead of the US CPI report. However, expectations that Japan's PM Sanae Takaichi could be more fiscally responsible, along with bets that the BoJ will stick to its policy normalization path and the risk-off mood, could support the safe-haven Japanese Yen, capping the pair's upside.
Editors’ Picks
EUR/USD struggles near 1.1850, with all eyes on US CPI data
EUR/USD holds losses while keeping its range near 1.1850 in European trading on Friday. A broadly cautious market environment paired with a steady US Dollar undermines the pair ahead of the critical US CPI data. Meanwhile, the Eurozone Q4 GDP second estimate has little to no impact on the Euro.
GBP/USD recoers above 1.3600, awaits US CPI for fresh impetus
GBP/USD recovers some ground above 1.3600 in the European session on Friday, though it lacks bullish conviction. The US Dollar remains supported amid a softer risk tone and ahead of the US consumer inflation figures due later in the NA session on Friday.
Gold trims intraday gains to $5,000 as US inflation data loom
Gold retreats from the vicinity of the $5,000 psychological mark, though sticks to its modest intraday gains heading into the European session. Traders now look forward to the release of the US consumer inflation figures for more cues about the Fed policy path. The outlook will play a key role in influencing the near-term US Dollar price dynamics and provide some meaningful impetus to the non-yielding bullion.
US CPI data set to show modest inflation cooling as markets price in a more hawkish Fed
The US Bureau of Labor Statistics will publish January’s Consumer Price Index data on Friday, delayed by the brief and partial United States government shutdown. The report is expected to show that inflationary pressures eased modestly but also remained above the Federal Reserve’s 2% target.
A tale of two labour markets: Headline strength masks underlying weakness
Undoubtedly, yesterday’s delayed US January jobs report delivered a strong headline – one that surpassed most estimates. However, optimism quickly faded amid sobering benchmark revisions.
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