{"id":1998481,"date":"2014-07-31T11:28:48","date_gmt":"2014-07-31T05:58:48","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=1998481"},"modified":"2014-09-09T11:56:52","modified_gmt":"2014-09-09T06:26:52","slug":"60-time-works-everytime","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2014\/07\/31\/60-time-works-everytime\/","title":{"rendered":"60% of the time, it works everytime"},"content":{"rendered":"<p>When I was in high school, we were taught about &#8220;<a href=\"http:\/\/en.wikipedia.org\/wiki\/Truth_table\" target=\"_blank\">truth tables<\/a>.&#8221; It is a mathematical table used in logic to tell whether a propositional expression is true for all legitimate input values. Watching pundits speak on TV is makes you wonder how they could ever have passed high school algebra. <\/p>\n<h3>The Can&#8217;t Lose Argument<\/h3>\n<p>Beware those who are never wrong. The &#8220;Can&#8217;t Lose Argument&#8221; goes something like this: A data point will be mentioned, and no matter what the net change in that data &#8212; up, down or neutral &#8212; it is somehow bad for markets. <\/p>\n<p>Link: <a href=\"http:\/\/www.bloombergview.com\/articles\/2014-07-29\/if-you-can-t-lose-you-re-a-loser\" target=\"_blank\">If You Can&#8217;t Lose,You&#8217;re a Loser<\/a><\/p>\n<h3>There is always a divergence<\/h3>\n<p>Sometimes they matter, sometimes they don\u2019t. Sometimes one key divergence that was extremely important ends up meaning exactly zero the next time around. A single divergence, in and of itself, has all of the reliable predictive power of a bowl of chicken bones spilled out across the table.<\/p>\n<p>Link: <a href=\"http:\/\/www.thereformedbroker.com\/2014\/07\/30\/theres-always-a-divergence\/\" target=\"_blank\">There&#8217;s ALWAYS a divergence<\/a><\/p>\n<h3>Macro-tainment<\/h3>\n<p>It\u2019s crucial to recognize that macroeconomics is something that even the world\u2019s smartest economists still don\u2019t understand very well, and that political ideology and economic reality don\u2019t mix.<\/p>\n<p>Link: <a href=\"http:\/\/www.bloombergview.com\/articles\/2014-07-30\/when-entertainment-passes-for-investment-advice\" target=\"_blank\">When Entertainment Passes for Investment Advice<\/a><\/p>\n<p><strong>Related:<\/strong> <a href=\"http:\/\/stockviz.biz\/2014\/04\/23\/musings-stock-market-forecasts\/\" target=\"_blank\">Musings on stock-market forecasts<\/a><\/p>\n<p>Enjoy this video:<\/p>\n<p><iframe loading=\"lazy\" width=\"1020\" height=\"574\" src=\"https:\/\/www.youtube.com\/embed\/IKiSPUc2Jck?feature=oembed\" frameborder=\"0\" allowfullscreen><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>When I was in high school, we were taught about &#8220;truth tables.&#8221; It is a mathematical table used in logic to tell whether a propositional expression is true for all legitimate input values. Watching pundits speak on TV is makes you wonder how they could ever have passed high school algebra. The Can&#8217;t Lose Argument &hellip; <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3471,9],"tags":[3251],"class_list":["post-1998481","post","type-post","status-publish","format-standard","hentry","category-investing-insight","category-your-money","tag-behavioral-finance","entry"],"_links":{"self":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/1998481","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/comments?post=1998481"}],"version-history":[{"count":0,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/1998481\/revisions"}],"wp:attachment":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media?parent=1998481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/categories?post=1998481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/tags?post=1998481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}