From: February 2015

The State of The Markets in 2015….The Bears Have Been Lucky and The Public Ripped Off Again

My friend Niv put together this excellent post ‘When Exponential Progress Becomes Reality‘ it is worth a full read. For my market brain this is the most important part: Human perception is linear, technological progress is exponential. Our brains are hardwired to have linear expectations because that has always been the case. Technology today progresses …