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- Living and Investing Low Frequency in a High Frequency World...and ‘Big Enough to Frontrun’
Living and Investing Low Frequency in a High Frequency World...and ‘Big Enough to Frontrun’
We live in a ‘high frequency’, ‘big data’ world. The media has globbed on to this.
Here is the latest ‘CHEATING’ article (from The Atlantic) about Wall Street, Hedge Funds and our banks. It’s most likely 100 percent true.
The banks are in on this. They were ‘Too Big To Fail’ in 2008 and the mutation they took on since have made them too hideous to ponder.
I am trying to live my life as an investor in a ‘low frequency’, ‘small data’ world.
I follow price, some pretty simple trend formulas and I share it all publicly in real time on Stocktwits.
My blogroll pretty much covers my daily routine of reading. By taking a ‘Too Small to Fail’ attitude and surrounding myself with low-frequency thinking and people, I have survived amongst the ‘CHEATERS’.
Back in 2004, Seth Godin, who has probably never traded a stock in his life, posted this …’Five Years From Now‘:
Five years from now…
Assume that:
Hard drive space is free
Wifi like connections are everywhere
Connections speeds are 10 to 100 times faster
Everyone has a digital camera
Everyone carries a device that is sort of like a laptop, but cheap and tiny
The number of new products introduced every day is five times greater than now
Wal-Mart’s sales are three times as big
Any manufactured product that’s more than five years old in design sells at commodity pricing
The retirement age will be five years higher than it is now
Your current profession will either be gone or totally different
There were no stockpicks here, but in a bull market, these predictions were money.
Wall Street can’t give you research like this. They don’t read Seth or anyone on my blogroll. That’s good news. Wall Street is about now and maybe six months from now.
Wall Street and the large Global Financial Institutions have become ‘BIG ENOUGH TO FRONTRUN’. It’s not a sure thing, it’s not illegal, but it allows me to live in a low frequency world.
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