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Showing posts from May, 2022

Urban Trade Breakdowns - Black Monday Part One, Nassim Nicholas Taleb’s Non-guess vs. the Cavemen

On June 28th, 1997, just seven months after shocking the boxing world by defeating Mike Tyson by TKO in the 11th round, Evander Holyfield was back in Las Vegas to defend his title in one of most anticipated rematches in boxing history. Holyfield was a hugely experienced fighter and a meticulous trainer and in preparation for the fight, his team analyzed virtually every element of Tyson’s style and developed a grueling training program and a brilliant fight plan. He was never more prepared, but the smart-money oddsmakers in Vegas saw things different, predicting a Tyson win at 4:1 odds. But sometimes, shit just gets crazy, and when it does, you can throw away the fucking odds, because some shit is just too un-real to predict. Until it happens. With 40 seconds remaining in the third round, while brawling through through an ugly clinch against the ropes, Tyson shoves his head across Holyfield’s face and bites an inch-long chunk of cartilage from the top of Holyfield’s right ear. T...

Urban Trade Breakdowns - Black Monday Part Two, OG Faith-based Macro Money Mega Trading

Before 1776, you didn’t need to know math and shit to understand economics. Because back then, if a country was 1/3 of the world’s population (like India in year 1 AD), it was roughly 1/3 of the global economy. And if a country had 1/4 of the world’s population (like China at the time), it was roughly 1/4 of the global economy. Because before tractors and electricity and shit were invented during the industrial revolution, which was in full swing by 1776, a motherfucker could only hunt or gather or grow so much shit on any given plot of land. If a country ran out of land, it ran out of food, and its people starved, which kept both population and economic growth in check. And that explains all that old world raping and pillaging and conquering of land, because up to that point, economic growth meant pretty much one thing, more land. But after the industrial revolution, a motherfucker could grow or produce a shit-ton more on any given plot of land, which meant if you could out-think and...