“Believe nothing that you read and only half of what you hear” – Proverb
As we stated last week, we are starting a new ‘series’ of podcasts.
Do you truly understand markets? Do you really know what you think you know about markets? We are often shocked at the mistaken beliefs that so many in our society today have, regarding markets, investing and trading, processes and institutions.
So last week we were discussing ‘genres’ of people who comment on markets, as opposed to those who actually participate in markets. Let’s continue that conversation. Because when non-participants, and non-traders start writing books about markets, and then everyone else who really isn’t participating at an institutional level starts to repeat what non-traders and non-experts have to say …
Well, grab your cup of coffee as we discuss all of this in the following podcast …
(After the following podcast, we continue this entire series in the following entry …)
Within the podcast, we referred to TastyTrade’s piece on HFT. You can find that entry here at this link. And note, as badly as Tom and Tony destroyed the HFT-rigging argument, they did not even get to the non-impact of HFT on the risk model of processes.
If you prefer to listen to this podcast on YouTube, you can do so here. Our podcasts are also on Podbean, and at the same time, we have an itunes feed and you can find our podcasts on itunes if you prefer to subscribe there .