Beating Alpha

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The Umbrella Man

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Short video about the Umbrella Man who was a mystique man and part of all different types of conspiracy theories. Some even thought he had a gun in his umbrella and kill the president Kennedy. The reason why I really like this video is parallel to all conspiracy theories and “bit different” but nice parallel to all justifications why S&P and GBPUSD move this way or another – only in some occasions we can have a “perfectly valid explanations for that fact.

If you have any fact, which you think is really sinister, right? … Is really obviously a fact which can only point to some sinister underpinnig. Hey forget it man, becuase you can never on your own think of all non sinister perfectly valid explanations for that fact. A cautionary tale.

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source: nytimes.com

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