There is always a question on the mind of fearful investors, or investors that have previously lost money. Or perhaps astute investors that like to plan ahead. What do I invest in to protect myself against market crashes? What do I invest in? There’s all sorts of youtube videos, doom and gloom newsletters, and...
I actually will write this as I think prices of gold may soar. I am somewhat like George Soros in that I believe Gold is the “ultimate bubble” as I would bet it goes higher. However unlike George Soros who bought shares as he called gold the “ultimate bubble” I am not buying shares...
Although a black swan event can ruin us, many “black swaners” omit that a black swan can also save us. I completely agree that the glass steagle act should have not been repealed, and that the type of leveraged done with financial derivatives is nothing more than gambling. I agree what a lot of...
Basically the black swan theory is that people underestimate extreme rare events. It’s called the black swan because until austrailia was discovered people made saying that was similar to the “when pigs fly” statement, only it was “if there’s a black swan”. Statisticians understand sampling, and they might say that if you count the...
Does anyone honestly believe that a fat finger was behind the market plunging 1,000 points? That seems insane to me. Almost 2 weeks have past and we still have yet to hear about a single person responsible, and we’re supposed to believe someone’s finger got in the way? I mean are these people serious?...
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