Turning Point Elections, the Overton Window, and the Great Manand Woman Theory of History

I recently read an excellent essay by a Hedge Fund CIO Eric Peters in which he correctly argues that Trump's election has thrown completely open the Overton Window and as I have been arguing for quite some time made politics or as this site calls it macro-politics essential for understanding market valuation. As he correctly … Continue reading Turning Point Elections, the Overton Window, and the Great Manand Woman Theory of History

The Inner Secret of Stock Market Crashes: Political Narrative, the HardcoreTrader’s Attitude, and Market Dislocation

This post is opinion only. See full disclaimer below. What exactly is the deeper secret of stock market crashes? There's a lot of dimensions to the investing markets, some obvious and others much more hidden. Lots of things going on at the same time. Lots of investing styles. Lots of different areas of the market … Continue reading The Inner Secret of Stock Market Crashes: Political Narrative, the HardcoreTrader’s Attitude, and Market Dislocation

The Key Trading Elements Fama’s Efficient Market Hypothesis Leaves Out

Eugene Fama's Efficient Market Hypothesis (EMH) has much that is of value in the theory. In fact, given the way most people invest in the markets, it is more or less the case. He himself acknowledges, and higher-level people usually do with such things, that there is a certain slippage in his theory---i.e. it's a … Continue reading The Key Trading Elements Fama’s Efficient Market Hypothesis Leaves Out

A Few Thoughts on Francois Roddier’s “The Thermodynamics of Evolution”

Since this site is dedicated to higher level analysis of Macropolitical Markets we will occasionally comment and point the reader to interesting works in such fields as psychology, physics, philosophy, and cosmology among other areas. This may seem quite far afield from what one might expect in a site trying to teach key concepts for … Continue reading A Few Thoughts on Francois Roddier’s “The Thermodynamics of Evolution”