Sublime

The stock market is at record highs and life expectancy in the U.S. is decreasing. In the richest nation in the richest time in human history, 43% of Americans can’t pay their bills. Many of our most significant societal problems are also, not coincidentally, extremely profitable industries (fossil fuels, junk food, prescription drugs, and for-prof... See more

When “stocks only go up”, people realize the stock market is a casino with much better payouts. Gamified trading has tethered us to our phones and bank accounts.

美股，最适合散户的投资市场——《投资为乐》004 https://t.co/BEiuab3tLB

Let us look at the front page of today’s New York Times, the gold standard in news. In the top spot there is a story about Republicans feuding among themselves. There is a photo of soldiers in Iraq. A stock exchange chief must return $100M. There is a concern about some doctors over-selling a nerve testing system. There is a threat from China again... See more

To grasp why people bury themselves in debt you don’t need to study interest rates; you need to study the history of greed, insecurity, and optimism. To get why investors sell out at the bottom of a bear market you don’t need to study the math of expected future returns; you need to think about the agony of looking at your family and wondering if y

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In data and analytics, Bloomberg is being challenged by a raft of start-ups. Some of them target smaller investors like me who baulk at paying Bloomberg’s US$24,000 subscription fee. Others target bigger customers who want to go deeper into more specialised data than Bloomberg supports. I use two alternatives—Koyfin and Sentieo.

付鹏：居民部门的情绪只是结果，这只手的结果 路径3，是大概率的 这次行情，大概率会加速“去散户化” https://t.co/9ssnTNjMRs

9月23日，要失去30年 9月25日，只失去了3年 9月23日，ABC=anything but China 9月25日，ABC=allin，buy China https://t.co/LD1IjlzroU