Proving “Free Market” ideology FALSE

“Evidence of predictable cycles: GME explained” [link] The article linked above is a long read in reddit’s r/Superstonk, but very important if you’re interested in understanding the patterns in this algorithmic battlefield laid out against retail investors. In layman terms, the price movement is misleading and wrong. There is no true “price discovery” in ourContinue reading “Proving “Free Market” ideology FALSE”

The canary in the coal mine 💀

“The public was mislead by rumors about alleged interest payments. The international media also took the rumors for granted. Only the DMSA already recognized the default at that time and proved in a study that the bankruptcy of Evergrand, the world’s most indebted corporation, could ultimately lead to a “Great Reset”; i.e. the final meltdownContinue reading “The canary in the coal mine 💀”

Financial markets call it “Cellar Boxing”

Cellar Boxing is a high frequency trading (HFT) method that market makers employ to run companies into the ground [link]. Businesses. People. Jobs. The ENTIRE US ECONOMY is built up or torn down by the self-interest of financial market makers who operate in shadows, utilizing complicated jargon, and trading to the fourth decimal to suppressContinue reading “Financial markets call it “Cellar Boxing””

But you’re an anthropologist!

I didn’t take a “traditional” path towards investing and finance management, but then again, neither did Charlie Munger, Warren Buffet’s long time business advisor and partner. I was trained to think like an anthropologist: one who studies people and cultures. We anthropologists have been pretty shitty as a lot. Our whole discipline is built onContinue reading “But you’re an anthropologist!”

Doge coin is spiking!

Position: Bought DOGE in March for .056 cents. Sold April at .13 cents. If you’re new to investing, here is a helpful primer on the basics of trading a stock. Thursday, April 15, 2021 After I downloaded my first brokerage app, Robinhood, the kids and I bought Dogecoin (DOGE) coin as a joke. DOGE isContinue reading “Doge coin is spiking!”