Cycles and Collective Behavior in Markets

This chapter explores the intricate relationship between market cycles and celestial movements, highlighting the 18.6-year cycle and its influence on trading strategies. The speakers draw parallels between ancient civilizations' understanding of natural cycles, especially the Mayans, and contemporary financial practices, underscoring how historical insights may still resonate today. Additionally, they analyze significant market crashes and the emotional dynamics of crowd behavior, suggesting a possible repetition of past cycles influenced by current economic trends.