August 14, 2020
Everything you learned about financial markets is wrong
We all learned that news moves the markets; most traders buy low and sell high; financial markets are all about supply and demand. Yet experts who subscribe to those ideas have failed to anticipate every bout of market turbulence over the past 30+ years. Why? Because their assumptions about how financial markets work are wrong. It’s time for a new way of thinking about the markets, and the socionomic theory of finance is it.
In the opening address at the 2019 Academy of Behavioral Finance & Economics Consortium, Matt Lampert and Peter Kendall presented this radical alternative to orthodox financial thinking. They busted myths and laid out an internally-consistent theory of financial market behavior that better explains real-world market activity. They recorded a version of their presentation for Socionomics Premier Members. It is must-see viewing for anyone who wants to understand why the markets behave as they do and why the news and economy are so often useless for anticipating stock index price trends.
How do I watch?
Get the presentation only for $99, or get it free with a 3-month trial to the Socionomics Membership.