Meta: Investor/Soft-Dev * Alpha: Running, Cycling, Swimming, Traveling * Beta: "There are no facts, only interpretations." (Friedrich Nietzsche) * no advice >>> Ho-Chi-Minh City (vt)
Most of What Gets Sold as "Trading Strategy" Is Just Decoration
Flip a coin. Up a dollar on heads, down on tails. Do it a thousand times. That’s a random walk and it’s a better model of a lot of price action than most people selling “analysis” want to admit. Three uncomfortable facts fall out of it. 1. The coin has no memory. Every flip is independent of the last. So “it’s trending, ride the momentum” and “it’s overextended, expect a pullback” are the same error wearing different clothes. Both assume the past whispers something about the future. It doesn’...
Most of What Gets Sold as "Trading Strategy" Is Just Decoration
Flip a coin. Up a dollar on heads, down on tails. Do it a thousand times. That’s a random walk and it’s a better model of a lot of price action than most people selling “analysis” want to admit. Three uncomfortable facts fall out of it. 1. The coin has no memory. Every flip is independent of the last. So “it’s trending, ride the momentum” and “it’s overextended, expect a pullback” are the same error wearing different clothes. Both assume the past whispers something about the future. It doesn’...
One of the biggest misconceptions in investing is that interest rates drive financial markets.
They don’t. Collateral often matters far more. A few ideas that deserve more attention: 1. The real risk in a loan isn’t the interest rate. It’s the collateral behind it. Investors spend endless hours debating whether rates will be 4% or 5%, yet credit booms and financial crises are usually driven by something else entirely: what lenders are willing to accept as collateral. As long as collateral values keep rising, leverage expands almost effortlessly. The moment those assumptions reverse, le...
One of the biggest misconceptions in investing is that interest rates drive financial markets.
They don’t. Collateral often matters far more. A few ideas that deserve more attention: 1. The real risk in a loan isn’t the interest rate. It’s the collateral behind it. Investors spend endless hours debating whether rates will be 4% or 5%, yet credit booms and financial crises are usually driven by something else entirely: what lenders are willing to accept as collateral. As long as collateral values keep rising, leverage expands almost effortlessly. The moment those assumptions reverse, le...
Der Staat, dein "Freund": What Sweden's Sterilization Program Should Teach Every Migrant Trusting Europe
Would you still call it a "friend" if it decided if you are allowed to have children?
Der Staat, dein "Freund": What Sweden's Sterilization Program Should Teach Every Migrant Trusting Europe
Would you still call it a "friend" if it decided if you are allowed to have children?
Ausgeburten, made in Germany
Seit Jahren wettert die AfD gegen “Abschaum”, “Untermenschen”, “Zecken” - Journalisten, Muslime, Migranten, alle, die nicht ins Bild passen. Ein AfD-Mitarbeiter schreibt in geleakten Chats, Muslimen läge “untermenschliches Verhalten” schon in der Rasse. Ein AfD-Bundestagsabgeordneter fordert, eine türkischstämmige Politikerin solle “in Anatolien entsorgt” werden. Auf dem Potsdamer Geheimtreffen wird über die massenhafte Vertreibung von Menschen mit Migrationshintergrund fantasiert - Deutsche ...
Ausgeburten, made in Germany
Seit Jahren wettert die AfD gegen “Abschaum”, “Untermenschen”, “Zecken” - Journalisten, Muslime, Migranten, alle, die nicht ins Bild passen. Ein AfD-Mitarbeiter schreibt in geleakten Chats, Muslimen läge “untermenschliches Verhalten” schon in der Rasse. Ein AfD-Bundestagsabgeordneter fordert, eine türkischstämmige Politikerin solle “in Anatolien entsorgt” werden. Auf dem Potsdamer Geheimtreffen wird über die massenhafte Vertreibung von Menschen mit Migrationshintergrund fantasiert - Deutsche ...
What David Gardner Looks for Before Buying a Stock
David Gardner has spent 3 decades identifying companies like Amazon, Nvidia, Netflix and Tesla long before they became consensus holdings. His framework is remarkably different from the way most investors are taught to evaluate stocks. A few ideas stand out: 1. Exceptional companies often become better investments after large price increases. Gardner deliberately looks for stocks that have already appreciated sharply. A rising share price signals that something meaningful is happening inside ...
What David Gardner Looks for Before Buying a Stock
David Gardner has spent 3 decades identifying companies like Amazon, Nvidia, Netflix and Tesla long before they became consensus holdings. His framework is remarkably different from the way most investors are taught to evaluate stocks. A few ideas stand out: 1. Exceptional companies often become better investments after large price increases. Gardner deliberately looks for stocks that have already appreciated sharply. A rising share price signals that something meaningful is happening inside ...
