Trend Following By Michael Covel
Trend Following by Michael Covel is one of the best books on trend trading out there. The main point of the book is the idea that price in motion tends to stay in motion.
Books and Literature
Literature is a broad category that contains all written works. The term derives from Latin litaritura/litteratura meaning “writing formed with letters”. Books, poetry, fiction, non-fiction, and even emails and facebook posts can be literature.
I Ching-ing Things; Or, Looking For Meaning in Mostly Random Events
The I Ching is an ancient Chinese text used for divination. Essentially it helps the reader draw meaning from the randomness of the world. This concept can be applied to anything.
Tolstoy’s There Are No Guilty People
We Present the first chapter of Leo Tolstoy’s short story, There Are No Guilty People, alongside a short introduction and a link to the full work.
Andrew Carnegie’s Gospel of Wealth Explained and Annotated
Below we present an annotated version of Andrew Carnegie’s 1889 essay Wealth (better known as the Gospel of Wealth).
Oscar Wilde’s The Soul of Man Under Socialism Explained
We explain Oscar Wilde’s The Soul of Man Under Socialism to illustrate his prophetic take on non-authoritative individualist socialism.
Plato’s Republic Explained
Plato’s Republic attempts to define “justice”, show why we should be just, and relate this to an ideal form of government which best fosters justice in the State and Soul.
Machiavelli Said, “the Ends Justify the Means” Myth
Niccolò Machiavelli never said, “the ends justify the means”, although he did elude to a complex version of the concept in his Prince.
Mozart’s Magic Flute Contains Freemasonry Metaphors Fact
Mozart’s the Magic Flute is largely a metaphor about the Freemasonry and the Enlightenment augmented by crude jokes.
Fake News is Real Fact
“Fake news” is news meant to influence rather than provide pure information. It is real and as old as the printing press. However, only some of what is labeled as “fake news” is actually “fake.”
All Action is Human Action Fact
As Mises said, “all action is human action”. In other words, although we form groups that can indirectly act through consensus, groups themselves aren’t physical entities (and thus they can’t act directly).