Author: Richard Brennan

Why We Wrote This What the whole series was for. A companion essay series to Complex Adaptive Markets: How Living Systems Shape Finance Previous: Episode 5. The Navigator’s UniverseNext: Series Synopsis This series was never really about physics. It borrowed...

You have seen it, even if you never stopped to name it. Dusk, maybe. Thousands of starlings over a field, moving as one. The flock contracts, expands, pivots. It flows like smoke, like water, like something alive. A falcon dives...

“Energy Takes the Lead as Trend Strength Rises to Strong“ Trend Following Weekly Report Leadership rotated sharply this week as the energy complex took control while many of the previous week’s strongest commodity trends reversed. Energy led the board, up...

The Navigator’s Universe You cannot map a territory that is still being carved. You can only move with it. A companion essay series to Complex Adaptive Markets: How Living Systems Shape Finance Previous: Episode 4. How Big Is a Complex...

How Big Is a Complex Adaptive System? The question does not make sense. And that is the point. A companion essay series to Complex Adaptive Markets: How Living Systems Shape Finance Previous: Episode 3. There Is No BasementNext: Episode 5....

“Commodities Take the Lead as Trend Strength Falls to Moderately Weak“ Trend Following Weekly Report Leadership rotated decisively this week as the commodity sectors took control while many of the previous week’s leaders reversed. Grains led the board, up 5.25...

There Is No Basement: Process All the Way Down Drill down deep enough and the thing always gives way to the doing. A companion essay series to Complex Adaptive Markets: How Living Systems Shape Finance Previous: Episode 2. The RheomodeNext:...

The Rheomode: Why Language Hides Reality Our noun-heavy language freezes a flowing universe into static objects. A companion essay series to Complex Adaptive Markets: How Living Systems Shape Finance Previous: Episode 1. The Game That Builds Its Own BoardNext: Episode...

The Game That Builds Its Own Board If the universe emerges from rules, infinity is a category error. A companion essay series to Complex Adaptive Markets: How Living Systems Shape Finance Next: Episode 2. The Rheomode Imagine sitting down to...

“Time and again, our work is judged by instruments built for a different game and against objectives we never chose. This is a long look at what actually separates the classic trend follower from the rest of the investment world,...