In this episode, we discuss:
- How quantum physics relates to financial markets
- The mechanics behind price impacts
- David’s new book, coming out soon
- The magical characteristics of money
- The power and unpredictability of sentiment
- Weather and how it relates to financial markets
- Central bank money creation and how effective it can be
- Cognitive interference
Follow Niels on Twitter, LinkedIn or YouTube.
Follow Hari on Twitter.
Follow David on Twitter.
IT's TRUE 👀 - most CIO's read 50+ books each year - get your copy of the Ultimate Guide to the Best Investment Books ever written here.
And you can get a free copy of my latest book "The Many Flavors of Trend Following" here.
Learn more about the Trend Barometer here.
Send your questions to info@toptradersunplugged.com
And please share this episode with a like-minded friend and leave an honest rating & review on iTunes or Spotify so more people can discover the podcast.
Episode TimeStamps:
00:00 - Intro
02:54 - Conclusions from David's research you’ve done on weather forecasting?
04:33 - Is the notion of the economic system as being something that’s mechanistic and can be controlled flawed, and if so, how?
07:12 - Do you look at different economic models and aggregate the data?
12:46 - Is there a way to limit the momentum effects of passive investing on the markets?
17:41 - Can you explain how quantum physics relates to financial markets?
23:15 - Can you give a couple of examples of cognitive interference?
28:00 - Regarding the biggest stocks in the S&P 500, is it true that if one stock is 10 times bigger than another stock, and it gets 10 times the dollar allocation, that the price impacts will be the same?
42:28 - Can you talk about your new book, and what the title means?
45:24 -Does Modern Monetary Theory relate to the quantum physics analogy of something being created from nothing?
52:30 - Do you believe that money creation by central banks is unsustainable?
57:28 - Would you say that your work implies that minor tweaks to the framework are inadequate when it comes to the economy and investing?