Ross Edgley, a British athlete and fitness enthusiast, is currently on a mission to swim 2,000 miles around the coast of Great Britain. That means spending 12 hours a day in cold, sea jelly–filled currents. The feat has been a dream of his since childhood, and after talking to rowers and gauging his ability to work with…
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The chart below shows a series of predictions by experts on the future of the US 10-year T-Note. As you can see they missed by miles which should not be any surprise at all what is surprising is that anyone still listens to them. Source – WSJ
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This is not a bad introductory primer on volatility which is one of the most misunderstood topics in trading. Although, I do think they make too much of extraneous fundamental factors such as news and earnings and not enough about herd behaviour. From my perspective volatility is simply a function of the human perceptual filter…
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