Observation Of The Day
This is not a new observation but rather one that has simply been reinforced via observation over the last little while. We will all if given the opportunity find the mechanism of our own self destruction.
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Shanghai Composite
Apparently according to financial journalists the Shanghai Composite is now officially in a bear market because it has fallen the mandatory 20%. I do wish they would pay attention to what is actually happening. The first chart below shows my usual value of $1 invested i the index. As you can see the glory days…
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Fredkins Paradox
Trading is a decision making profession – every day traders are forced to make decisions. We either have to choose between instruments we are going to trade or simply choose not to trade at all. Its quite a simple binary profession that is hopefully governed by some form of structure that guides your decision making…
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The Biggest Crypto Hacks To Date
Source – howmuch
Predicting the failures of prediction markets
Abstract Prediction markets have been an important source of information for decision makers due to their high ex post accuracies. Nevertheless, recent failures of prediction markets remind us of the importance of ex ante assessments of their prediction accuracy. This paper proposes a systematic procedure for decision makers to acquire prediction models which may be used…
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Cars Trump Art As The Investment Of Choice
Two interesting snips from the Knight Frank Classic Car Edition
Detoxing is Bullshit
Scientifically speaking, “detoxing” isn’t a thing. Your body doesn’t retain so-called toxins ingested via food or drugs or plastic dishes, or breathed in through air. You don’t sweat them out at yoga, get rid of them via special massage, or purge them through colonics. As writer Dara Mohammadi put it in a scorching takedown of the dominant wellness watchword…
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