Many investors cling to the comforting idea that markets oscillate around a stable mean, as if price movements are temporary deviations destined to snap back to an equilibrium. But what if mean reversion is an illusion? What if the true...
Introduction: History Doesn’t Repeat, But It Might Rhyme Mark Twain is often credited with the phrase: “History doesn’t repeat itself, but it often rhymes.” This idea holds true in financial markets. Traders often look to the past for guidance, believing...
Introduction: Adapt or Die In nature, survival isn’t about strength—it’s about adaptability. A cheetah that can’t adjust to dwindling prey starves. A species that can’t cope with climate change goes extinct. The rules of natural selection, as first outlined by...
