Sorry kid's, Santa ain't real

How the markets may be heralding a paradigm shift.

When it comes to investing, Anchoring and Cognitive Bias are concepts that are well understood. The markets will "reality test" your beliefs in a very immediate and interactive way.

This article talks about markets and bubbles. I find bubbles very interesting because they are tried and tested examples of mass human psychology.

We’ve seen some really interesting examples of mass psychology in the past in the markets. These bubbles and crashes were all different … yet and had similar elements of fear and greed, basic human drives throughout.

Is it time for these cycles to end?

At the end of a game of monopoly, all the pieces, play dollars, etc go back into the box.

I say we light a fire, and play Pictionary next.

Notable quotes:

No Two Stories Are the Same

Everything that happens once can never happen again. But everything that happens twice will surely happen a third time."

The Alchemist

"Fundamentals and stories operate on a sliding scale. During periods of euphoria, stories reign supreme.”

“During periods of decline, fundamentals are the only metric that can stop the bleeding."

"Once a truth is realized, it can't be unlearned.”

As a kid, once you find out that Santa isn't real, you can't just decide to believe in Santa again. It doesn't work."

Damn right. Sorry kids, Santa ain't real