Day: April 26, 2016

 

Managers of chaos

The following thoughts came to me in the middle of the night. The natural human tendency when we see a pattern is to predict/expect what may happen next. This is a powerful ‘unconscious’ urge. Markets are chaos. We may see patterns in the chaos.  All chaotic systems form patterns. The patterns are meaningless to the chaotic system. Patterns have meaning for us, in that they represent probabilities. But the chaos does not obey patterns. It’sRead More