In order for any investor to perform in this market which, we must all begin transitioning to identifying performance with respect to issues with full awareness of new concepts derived from the protagonists papers in the Novel The Moon of Hoa Binh .
Available here; bennettbooks.org.
It is my view that all the work this thread has done, can be shape shifted by understanding the out take below as awareness transcribed to practice.
"The variables in the quantum wave equation are multivalued: for every value of x there are a multiplicity of corresponding values for y. Two different notions of identity are involved here, one simple and one complex. An entity with simple-identity, when in motion, carries very little holistic information about the system of which it is a part. An entity with complex-identity, when in motion, carries a large component of holistic information about the system to which it belongs."
As a private portfolio designer now approaching 5 years of continuous development, it is my current opinion that by applying my own developed language, & without prior knowledge of the above outtake, I've already begun to move the portfolio game beyond the capacity of Modern portfolio Theory.
But this single paragraph, provided a quantum multiplier as missing information.
The paragraph encapsulates my own language of market action, as described within this threads history, to the state theory of positions in transition, and facilitates identity data, across time, to each SIP entity in a holistic portfolio.
Systemic reality demands a wholly different market approach. These changes; require new ways of adapting to current conditions. In this regard, we've been blazing this trail with our own views, in relative isolation. The practice of daily nurturing client portfolios, created demands for awareness that were not easily conveyed.....the single paragraph offered above, allowed for a shock of understanding that within my own practice, I can now begin codifying the descriptors to the states as productive extensible logics.
Rules governing modern portfolio theory and other modern theories; are insufficient, against the current unfolding awareness of complex identity states.......in a market functioning according to logics of discreet identity.
this changes me, and my capacity, effecting everything I'll do, from now on. |
