{"id":58897,"date":"2012-02-10T17:13:24","date_gmt":"2012-02-10T11:43:24","guid":{"rendered":"http:\/\/stockviz.biz\/index.php\/?p=58897"},"modified":"2012-02-10T17:13:24","modified_gmt":"2012-02-10T11:43:24","slug":"economists-hypothetical-time-versus-real-market-time","status":"publish","type":"post","link":"https:\/\/stockviz.biz\/index.php\/2012\/02\/10\/economists-hypothetical-time-versus-real-market-time\/","title":{"rendered":"Economists&rsquo; Hypothetical Time versus Real Market Time"},"content":{"rendered":"<div style=\"margin: 1em;width: 233px;float: left;height: 164px\" class=\"zemanta-img\"><a href=\"http:\/\/www.daylife.com\/image\/09wK9KD5gUgIb?utm_source=zemanta&amp;utm_medium=p&amp;utm_content=09wK9KD5gUgIb&amp;utm_campaign=z1\"><img loading=\"lazy\" decoding=\"async\" style=\"border-bottom: medium none;border-left: medium none;border-top: medium none;border-right: medium none\" alt=\"CHELTENHAM, ENGLAND - MARCH 16: Davy Russell r...\" src=\"http:\/\/cache.daylife.com\/imageserve\/09wK9KD5gUgIb\/150x95.jpg\" width=\"221\" height=\"140\"><\/a> <\/p>\n<p style=\"font-size: 0.8em\" class=\"zemanta-img-attribution\">Image by <a href=\"http:\/\/www.daylife.com\/source\/Getty_Images\">Getty Images<\/a> via <a href=\"http:\/\/www.daylife.com\/\">@daylife<\/a><\/p>\n<\/div>\n<p>Kim Asger Olsen, an investment manager, has a succinct way of looking at the timeframes in which different people live. People active in the financial markets \u2013 traders, investment managers \u2013 live in the Real Market Time (RMT). It is rather different from Economist\u2019s Hypothetical Time (EHT) or even Newspaper Headline Time (NHT). <\/p>\n<p>The ability to figure out what matters and what doesn\u2019t is key to living in the RMT. Bloggers, on the other hand, tend to work in EHT (they dwell for too long on what already belongs in the past in RMT). And by the time it hits the Hindu (NHT) it doesn\u2019t matter any more.<\/p>\n<p>In RMT, if the can can be kicked down the road, it will be, and its good enough. People like Nouriel Roubini, David Rosenberg, etc live in the EHT \u2013 EHTers look at Greece, Portugal, Italy, China and think it spells the end of the world. The fact of the matter is that you will <em>never<\/em> have <em>all<\/em> the data you need to make decisions in real-time. Leave it to EHTers and the Hindu to be the Monday morning quarterback.<\/p>\n<p>Read more here: <a title=\"http:\/\/economicsacloserlook.blogspot.in\/2012\/01\/quotes-and-time-zones.html\" href=\"http:\/\/economicsacloserlook.blogspot.in\/2012\/01\/quotes-and-time-zones.html\">http:\/\/economicsacloserlook.blogspot.in\/2012\/01\/quotes-and-time-zones.html<\/a><\/p>\n<div style=\"margin-top: 10px;height: 15px\" class=\"zemanta-pixie\"><img decoding=\"async\" style=\"border-bottom-style: none;border-left-style: none;border-top-style: none;float: right;border-right-style: none\" class=\"zemanta-pixie-img\" alt=\"\" src=\"http:\/\/img.zemanta.com\/pixy.gif?x-id=5d819326-e9ba-4a85-9f24-8283820859c9\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Image by Getty Images via @daylife Kim Asger Olsen, an investment manager, has a succinct way of looking at the timeframes in which different people live. People active in the financial markets \u2013 traders, investment managers \u2013 live in the Real Market Time (RMT). It is rather different from Economist\u2019s Hypothetical Time (EHT) or even &hellip; <\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[804],"class_list":["post-58897","post","type-post","status-publish","format-standard","hentry","category-your-money","tag-reading","entry"],"_links":{"self":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/58897","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=58897"}],"version-history":[{"count":0,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/posts\/58897\/revisions"}],"wp:attachment":[{"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/media?parent=58897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/categories?post=58897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockviz.biz\/index.php\/wp-json\/wp\/v2\/tags?post=58897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}