Thats Not How It Works

As the daily predictions of the coming housing apocalypse grow increasingly strident there is some natural push back from the sell side of the industry who have adopted an equal but opposite position. As I said before I do have some sympathy from property investors because the price discovery in their markets is very poor…

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Whats The Fuss?

I am intrigued at the constant doom and gloom talk around the property market, not because I have any particular view on property since what I know about property could be written on a gnats arse with a six inch nail. However, I do know a lot about markets and systems and their natural ebbs…

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Poor Academics Make More Predictions.

In the past week a paper titled  Dynamical Variety of Shapes in Financial Multifractality has been doing the rounds. The abstract of the paper states – The concept of multifractality offers a powerful formal tool to filter out a multitude of the most relevant characteristics of complex time series. The related studies thus far presented…

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