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Perhaps subscribing to one "ism" vs another is just playing into the old divide and conquer script. Foster Gamble (PG heir) has a free movie on youtube called "Thrive: What on earth would it take?". I think it's worth a watch.

Nice chart. I will add another one for a more balanced view.

The people running the planet want to go cashless. What is the most efficient way to solve the problems on how to get there? Let talented people get rich by solving the problems. Once all the pieces are in place and working well, you will see governments get involved.

Is there any substance to alternative points of view like: "Catherine Austin Fitts - Blockchain & Cryptocurrencies, What About You?" . Many promote cryptos for their censorship proof status, but all it takes is the flick of a pen to criminalize it (remember executive order 6102 ?). Perhaps the...

Does the fact that the addict pays with grandma's wallet without her knowing have any bearing on the situation?

Some good advice from Max Ehrmann : Desiderata Go placidly amid the noise and haste, and remember what peace there may be in silence. As far as possible without surrender be on good terms with all persons. Speak your truth quietly and clearly; and listen to others, even the dull and the...

Your skepticism is understandable. However, if done correctly, out of sample testing is useful. Sometimes it is easier to get a feel for things if they are exagerated. Say two people come to you and claim they have a method to play the lottery. The first guy shows you his correct predictions for...

Optimists would ask, why would you want to poison a "supposedly" clean water well in the middle of a poisonous swamp? Cynics would ask, is a ponzi on top of a ponzi a better ponzi?

To say that Buffett only trades stocks is not correct. I am quoting from here: "https://www.armstrongeconomics.com/writings/2012-2/banking-manipulations-a-systemic-problem/" "Buffett’s fascination with this crowd did not fade away. The second venture with PhiBro came in 1997. This time, they...

As a pure math question, testing on 1 and then on 2 is more comprehensive than a test on 3.

If you mean data 1 as in sample and data 2 as out of sample, you raise a good question. It goes to the heart of what knowledge is. Backtesting is rooted in the scientific method, which uses statistics to test a hypothesis. The investigation can only tell you that the hypothesis is true (in this...

Program trading desks executing large portfolio orders benchmarked on implementation shortfall will routinely hit futures first to minimize slippage.

It has given me what I consider to be the two most important things in life, free time and free will. It is one the very few ways left to live by serving the matrix without being plugged in and subject to the ruthless hierarchy of the matrix.

Central Banks are just the PR department of the cartel. They communicate the decisions but the amount of actual money they create is minuscule compared to what commercial banks create. You can say that today the banks are the true sovereigns. I believe a few centuries from now we will look back...

Clear your mind and cut through the fertilizer. Say I had a printing press and it would be legal to print money for myself. Do I try to convince you that deflation or that inflation is good for you?

I am not going to argue with you. Anyone that makes a living by pulling money out of "the market" whatever market that may be has my respect. I have found it easier to make money trading other instruments. Just one data point based on one trader's past experiences.

The ES is probably not where you want to start. It is like looking for books on how to win a NASCAR race before you got your driver license.

You need to qualify the statement. If both you and your trading counterparty know the future equally well, you will not make any money. You need to know the future better than the prevailing market consensus knows it. If you know the future interest rate on which exchange listed futures will...

Kelly makes sense when you can reliably quantify the odds of a bet (like in a card game for example). While kelly sizing will give you the fastest way to compound, it comes with a heavy price. In addition to the nerves of steel you need to face the required volatiliy, the penalty for misjudging...

This is not a good argument. Keep in mind that the private hands involved in the manipulation stories are the same hands that create virtually all $ on the planet. It is not necessary to manipulate the long term trend for a campaign to be successful. Holding the tide long enough for the people...