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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Bitcoin Drawdown

Since I had a look at the MaxDD for MNF yesterday I thought it would be interesting to see the same for BTC. One of the arguments put forward by BTC fetishists is that BTC would display lower volatility than other currencies or payment methods. Somehow I dont think this claim stacks up, not unless…

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