The element of competition inevitably makes things more difficult but it’s sort of the price you have to pay for progress. There’s no incentive to break a 100M record when nobody’s run a 100M.
Win a dinner with Ickonomics himself. Hear his hot takes vis-à-vis and adore him. Maybe he will even let you in on some financial secrets. ;) All you need to do is retweet this and reply with 'I want your baby, Ickonomics'. Good luck!
$FDX actually beat all indices that it’s a component of on the 28th before reverting to the mean, A* for flaunting your ignorance of the market’s apathy of social justice, Mr. Political pundit. https://t.co/a7h4jJfmZs
Oh, and the problem with an index that’s weighted heavily toward, say, Apple, is that they already have huge market saturation and less upside potential.
Market cap weighing is poor as indexes are heavily skewed to the larger companies (Apple etc taking a huge portion of the S&P). It makes me wonder whether a reverse market cap weighted index would be more efficient.
TA is a tool that makes idiots feel smart because it has the words ‘technical’ and ‘analysis’. But they’re not analysing anything, they’re swirling tea leaves and drawing lines and animals.
#Gold is more of a safe haven when it comes to pol. instability rather than economic instability. Something people should think about, not only that but gold never immediately picks up while there's a crash, it tends to pick up, strangely, after a crash or after the market bottom