Eclipse of the Twits
As we more or less know, the sheer randomness of the world makes predicting stockmarket movements not so much a fool’s game as Russian Roulette. If you believe you can outwit the markets on a day to day basis it’s only a matter of time before the hammer falls on a firing cap.
Despite this people keep trying, because it’s a basic human urge to try to make sense out of the nonsensical. The ancient Chinese believed a solar eclipse was caused by a celestial dragon munching up the Sun. At the time that counted as advanced thinking: indeed it still does in some parts of the world, but generally it’s a lot harder these days to believe that people could think stockmarket movements can be predicted, say, by something as random as the trivial ramblings of posters on Twitter. Can’t be right, can it?
As we more or less know, the sheer randomness of the world makes predicting stockmarket movements not so much a fool’s game as Russian Roulette. If you believe you can outwit the markets on a day to day basis it’s only a matter of time before the hammer falls on a firing cap.
Despite this people keep trying, because it’s a basic human urge to try to make sense out of the nonsensical. The ancient Chinese believed a solar eclipse was caused by a celestial dragon munching up the Sun. At the time that counted as advanced thinking: indeed it still does in some parts of the world, but generally it’s a lot harder these days to believe that people could think stockmarket movements can be predicted, say, by something as random as the trivial ramblings of posters on Twitter. Can’t be right, can it?
