On this day 50 years ago, one of the momentous events in the 20th century took place. But unlike others frequently told in schools - fall of Berlin wall, Deng Xiaoping opening China, NASA moon landing, the pill, Hiroshima, the Great Depression, Bolshevik revolution, Ferdinand assassination, Wright brothers flight etc - what happened on 15th [...]
I've always been fascinated by the history of money. Not only as it's a key driver of human behaviour and geopolitics. But as major force that shapes the trajectory of human endeavor. Put simply, it's an integral part to understanding how the world works. "If you want to understand how the world works, follow the [...]
As we head into mid 2021, commodity prices shows no signs of slowing down. Some say this is a warning sign of oncoming inflation. Intuitively, this could be interpreted as an indicator inflation. But commodity prices and consumer price inflation (CPI) are actually a lot less correlated than what most people may think. The two [...]
If you liked Nassim Taleb's books - Antifragile, Black Swan etc - then you'll love Mandelbrot's Misbehaviour of Markets. Benoit Mandelbrot is one of the greatest mathematicians of our time. Most renowned for his work on fractals (including the famous Mandelbrot set), he applies a complexity science lens to financial markets. As with most transdisciplinary [...]
Commentary on every book I read in the quarter, covering: why I chose to read it, some insights and quotes, and review. Not intended to be a summary. Why We Sleep, Matthew Walker (2017) It's a truism to say sleep is important - along with nutrition, stress management, and exercise. Yet I still found [...]
Consider two ways of making purple. Method 1: Alternate red and blue squares. With enough squares, purple emerges. Method 2: Make square alternate between red and blue. With short enough time intervals, purple emerges. First method made changes in the space (ensemble) dimension. Second method made changes in the time (temporal) dimension. Both converged to [...]
