Top 10 Things to Consider When Attempting to Make a Move in Your Career

My voracious reading has continued unabated in recent weeks and will easily complete my 2010 goal. I have finished "Paper Tiger" by Tom Coyne, "Losing My Virginity" by Richard Branson (review coming soon) and I am currently reading Chris Evans autobiography "It's not what you think".

The title is apt, because while i was never a fan of his, the book is excellent, one of the best aspects of the book is that each chapter starts with a sometimes humourous, some times serious but always interesting top ten list.

This is Chris Evan's Top 10 Career Move Advice

10. Make sure you really want it in the first place

9. Really make sure you really want it in the first place

8.Think if it's going to help you get to where you want to be next

7. Think where you want to be ultimately and if it will help you get there

6. Imagine if you had achieved it and how it would affect your life as a result

5. Don't consider the financial cost, as long as you can afford to carry on living it's irrelevant

4. Do consider how much of the next few years of your life it will take up and remember you can never get those years back

3. Have an exit strategy

2. Never let your nut rule your gut- ever.... the brain is not all it's cracked up to be

1. For goodness sake, get out there and do something about it!

Behavioural Economics Simplified

I stumbled across the following youtube video and it reminded me of a book I read last year called Extraordinary Popular Delusions and the Madness of Crowds, it was a modern version by Tim Phillips but is based on the 1841 market psychology, describing famous financial 'bubbles', including the infamous Dutch tulip mania and the South Sea Company bubble, this title presents an interpretation of Charles Mackay's work that illustrates the nature of these insights through modern business and political case studies.

It is an astonishing example of herd behaviour. just imagine these people are buying a particular asset (tech stocks, property etc) instead of dancing

My Portfolio

*Click to enlarge

Screenshot taken before the market opened this morning. I subsequently sold my Coinstar shares, happy with my 80% return. I bought Coinstar shares because of their ownership of RedBox, who are a rapidly expanding and very profitable company (2/3 of Coinstars profits came from RedBox this year).