Empire of Numbers – Fibonacci
Traders for decades have tried to use Fibonacci numbers to predict where markets will go. Sadly like most things to do with trading, they are completely unaware of their history.
DetailsTraders for decades have tried to use Fibonacci numbers to predict where markets will go. Sadly like most things to do with trading, they are completely unaware of their history.
DetailsOften an idea that sounds very attractive gains traction without supporting data backing it up. This is true of trading/investing and many other things. This podcast is effectively a lesson in critical thinking and how not to assume that just because something sounds like a good idea doesn’t mean it is a good idea.
This chart has been doing the rounds of social media lately. It demonstrates five things. You can have an immensely successful social media career and still not understand the basics of topics you comment on. The same is true for journalists who have been reposting it without comment. The chart is of zero relevance to…
DetailsIt would appear they are very stupid – but then that’s probably not a surprise to anyone. The always entertaining Dr Sabine Hossenfelder points out why. Her channel is well worth subscribing to if for the sole purpose of enjoying her blisteringly sharp intellect mixed with her uniquely German sense of humour.
DetailsOver the last turbulent century, the global economy has suffered the shockwaves of recessions and depressions, bubbles and unchecked investor euphoria. And with the UK’s spring budget announced this week, we ask the question – have we learnt from the economic mistakes of the past?
When humanity acquired the ability to imagine the future, it changed the trajectory of our species. But in the age of the Anthropocene, we need to harness this mental skill now more than ever, say the scientists Thomas Suddendorf, Jon Redshaw and Adam Bulley. More here – BBC Future
DetailsWhen people say, “You can’t outrun a bad diet,” I smile and nod. It’s perfectly true, in a holistic sense. Exercise and diet are two different things, with separate effects on your health and performance. You can’t automatically compensate for deficiencies in one area by being extra good at the other, any more than donating…
DetailsA little bit of history….. The demand for tulips of a rare species increased so much in the year 1636, that regular marts for their sale were established on the Stock Exchange of Amsterdam, in Rotterdam, Harlaem, Leyden, Alkmar, Hoorn, and other towns … The tulip-jobbers speculated in the rise and fall of the tulip…
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