Rollover week for index futures this week. So far this week volatility picked up a bit but every attempt to move lower are forced back up fiercely. All overnight selloffs are erased so that normal people can’t tell that they ever happened as it does not show in their portfolio. Now that today the markets finally have a weak weekly close, what do you think Powell will do this weekend?
CGP Grey has done another crazy project again. Enjoy the fruit of his work here. This is how research on historical records really looks like.
I found this series of videos the best summary of Charles Mungers life long wisdom. No matter you invest or not, his “techniques” for handling life and everything else is the best self-help advices you can get. It can be easy to just listen to the series and forget about it right after. So I recommend watch it, reflect on each individual mental model and learn to incorporate that into your own decision making process.
Here is a less technical video about virus which addresses a fundamental concept, are they alive? When we discuss about the covid situation, everyone has an opinion but normal people most likely have a completely wrong mental picture about virus. In fact there is no unified understanding of what they are at all because we still know very little about them. Science is still very lacking on this frontier …
Thus I can’t understand why talking about common sense like personal hygiene, exercise, healthy diet and exposure to sun (or direct Vitamin D intake) as first line of defense against covid are banned on YouTube and various mainstream media. I have received many links from others quoting “factcheck dot org” on related materials that they are all “false”. Unluckily, everything I read so far from that site are written in evasive language to misguide people.
Who is going to fact check the fact checker, eh?
As usual, I will focus on my work and hopefully getting more things done. When the world has fallen into chaos, shutout the noises and keep oneself busy really help.
Have a great weekend all!