
#15: Peter Atwater: Welcome To The ’Backlash Era’
Superinvestors and the Art of Worldly Wisdom
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The Importance of Socio-Anomics in Decision Making
Socio-anomics takes the view that changes in social mood follow wave structures consistent with the Elliot wave system. It sets up a dynamic of recurring cyclicality that we move behaviorally in cycles from extreme lows in confidence to extreme highs in confidence. And then those patterns repeat both on a fractal basis and then on a much larger sort of grand super cycle basis, he says. "It's a universal framework that is applicable, economics, financial markets, politics, social behavior, even cultural behavior"
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