Lets Start At The Very Beginning
We've written a lot of notes over the years. A lot of great ideas and terminology has been created and that can make it hard to dive right in. So here's what we consider to be the essentials. The notes that you need to read to understand Epsilon Theory. Most of our recent grander and more complicated ideas have their humble origins in these earlier notes.
A Very Good Place To Start
What if I told you that the dominant strategies for human investing are, without exception, algorithms and derivatives? I don’t mean computer-driven investing, I mean good old-fashioned human investing … stock-picking and the like. And what if I told you that these algorithms and derivatives might all be broken today? You might want to sit down for Part 9 of the Notes from the Field series.
The inevitable result of financial innovation gone awry, which it ALWAYS does, is that it ALWAYS ends up empowering the State. When too clever by half people misplay the meta-game, that’s all the excuse the State needs to come swooping in and crush them, just as they are with Bitcoin today they did with Bear and Lehman in 2008. Installment #10 from Notes from the Field.