Reminiscences of a Stock Operator by Edwin Lefèvre

A short book review from an investing classic. I enjoyed the turn of the century historical context, the booms and busts of the time and the different character of the investment management industry. For example, when Livermore was on holiday in Palm Beach Florida, he had to go into the physical trading houses to see … More Reminiscences of a Stock Operator by Edwin Lefèvre

SM (ed. 15) Bitcoin is the Reserve Asset of Crypto

There is immense value in the broader crypto ecosystem of decentralised financial technologies but the bright shiny lights of the fastest appreciating token also pose a risk. Desire to beat the market can distract us. Bitcoin remains the most important asset in the ecosystem because of its resilience to external attack. Bitcoin is a reserve … More SM (ed. 15) Bitcoin is the Reserve Asset of Crypto

Technical Analysis using multiple timeframes – Brian Shannon

No matter if you are bullish or bearish, if you are a value manager or growth, if you focus on fundamentals or quantitative signals, price is still the most important piece of financial market information. Price is where the rubber hits the road. Technical analysis is the study of price signals. Many investors it as … More Technical Analysis using multiple timeframes – Brian Shannon

The Book of Satoshi

Great to contrast bitcoin’s humble beginnings on a cypherpunk mailing list vs. the institutionally investable $1tn network today. Or perhaps we can contrast the collaborative atmosphere of the early contributors vs. the tribal warfare waged on twitter today. While many things have changed, many have not. Bitcoin scaling, transaction fees, privacy and numerous other topics … More The Book of Satoshi

SMM: (ed.8) Bitcoin – the next step in a tech revolution to the Digital Age

The internet has caused profound societal shifts in the past 30 years, but it’s influence isn’t fully realised. In this edition of the Sound Money Monthly I leverage off The Sovereign Individual’s historical analysis of technology. TLDR: A deeper technology-induced social and political regime change is underway, including a neutralisation of ever-growing nation state with … More SMM: (ed.8) Bitcoin – the next step in a tech revolution to the Digital Age