This is Mark Shupe, speaking on the 48th episode of The Moneyball Method Podcast. Today I want to talk about “The Elegance of Markets — A Chess Affair”. The market system of Western Economies is extremely elegant, but very few people know how interestingly elegant it is. When I say elegant — I mean that the market is efficient, simple, ingenious and graceful. I noticed a couple of weeks ago that there were articles in the press about they had done simulations at JP Morgan to outperform a generic portfolio of stocks and bonds. Listen to the podcast to learn my conclusions about the meaning of these news reports.
For further information, please read my book The Moneyball Method: A Middle-Class Manifesto for Objective Investing, now out on Kindle.
