The words are there to create that res in you ye, what we might call lying under other circumstances. This is a situation, jim, where the narrative comes first, and then the price movement responds to that. What i just described to you is what a good trader does every day. Every day they sen front of tha screen, and they'll see a piece of news come across the screen. Do i press it, or do i fade it? That's what we do in our research.
Ben Hunt is the creator and primary author of Epsilon Theory, and co-founder and CIO at Second Foundation Partners. Epsilon Theory is a newsletter that examines markets through the lenses of game theory and history. Over 100,000 professional investors and allocators across 180 countries read Epsilon Theory for its fresh perspective and novel insights into market dynamics. You can follow Ben on Twitter at https://twitter.com/EpsilonTheory and read Epsilon Theory here: https://www.epsilontheory.com/ Show Notes:
- Neurolinguistic hard reset
- Ben’s days at Harvard
- Why Klaus Schwab is a raccoon
- Human beings are social animals
- How language impacts and limits us
- The cost of the Metaverse
- How the nudging state is rewiring us
- Does narrative follow price, or is it the inverse?
- Traders respond to stories everyday
- How technology can fight the nudging state.
- NOAH: An ark of stories on the blockchain
Books Mentioned:
- The WEIRDest People in the World; by Joseph Henrich
- How the Irish Saved Civilization; by Thomas Cahill