Don’t let the tyranny of the denominator mislead you in the market

Yesterday, I introduced you to the tyranny of the denominator. Today, we apply the idea to financial markets to help you avoid its effects. But…

Lies, damned lies, statistics and the tyranny of the denominator

When we measure things over time, they are no longer comparable. Apples become oranges. Because of this, a great deal of what we claim to…

Governments haven’t learned a thing. Have you?

In case you haven’t noticed during our recent videos with Nigel Farage, there’s a picture hanging on the wall behind me. It’s a black and…