Insights from lunch with Andrew and Paul

On trading

  • learn to read technical charts
  • price and volume reflects all necessary sentiment and information
  • Read the charts in different time frames with gives a sense of various impacts have on pricing trends
  • news happen after the fact which drives emotions like fear. When the brain is overcame by fear irrational behavior results.
  • charts remove the emotional component

On news and propaganda

  • All news are forms of propaganda best avoided or taken with a pinch of salt.
  • It is hard to trace much major change in life to any specific news occurrence
  • news is less about facts but more a reflection of the reader’s attitudes and belief toward the subject receiving coverage
  • how is it that US news sites are able to report on a country like North Korea where no information is available externally? Are the gaps mainly filled in by US propaganda

On education

  • its hard to be an educator in the US.
  • There is too much regulation
  • Students are not as motivated compared to students in other countries

On the environment

  • Three hundred chemical components are found in donated blood that are not supposed to be there
  • climate change is a major concern
  • capitalism driven consumerism is not sustainable

Related readings

  • Slow death by the rubber duck

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