Why I wrote what I wrote in Brasil was unclear to me a the time, still not clear to me now. I have 150,000 words that I will be releasing, and my take on it is this: let it be entertaining. It's either boring or interesting. If it's boring, skim through it. Chances are a few of the aphorisms are interesting. What I find interesting is the progression. How one idea interacts with another. This is aphorism 8 of 815. Mid-2013, Sao Paulo.
8. On Mafias: The mafia has as its entrance fee into the castle—cash, money, currency. What happens when no one wants to play anymore?
Some do, indeed, enjoy the matrix the way many enjoy sports.
Traders most likely enjoy the game when there is an edge—large sums of client
or firm money generally provide them an edge—normally an access to something
others do not have. There is little risk they lose their own capital. And so it
is the pure market participants of fiat currency can enjoy the game. The game can
be intellectually challenging. With an edge, a man is not destroyed when
‘unseen’ forces destroy his capital. The concept of ‘risk’ and ‘risk
management’—what is now risked is not health or life—yet rather legal title to
assets. Trading is a game, and one nation could win the game of asset
ownership. Derivatives make the game more powerful—and they also magnify the
competitive forces of the market. 'Advance information is incredibly valuable
with derivatives. Legibility most often means identification for the purpose of
taxation or coercive control. Yet legibility can also be used as a means to
increase the probability of financial forecasting for the purpose of profit. A
shift in wealth represents a shift in power—states must maintain absolute
control over information in financial markets. Yet states do not have
absolute control over this information—especially when the concept of
'valuable information' changes daily. Those who control access to valuable
information are the same ones who define this valuable information. The
individuals who make a prediction as to what information will be of value, and
then create a technique to identify this information, are the ones who will
‘control’ this information. Of course, they do not ‘create’ this information in
the sense that they ‘produce’ this information. Rather, valuable information
can often be a squint. And this is not to say that underlying data isn’t the
product of individuals. Individuals and their states, along with what one can
generally call ‘acts of God,’ are the prime movers of information. Those who
identify the appropriate squint are merely those who can predict the pitch,
then hit it.
[Take home assignment: Why is this guy writing this shit in English in Brasil?]
[Take home assignment: Why is this guy writing this shit in English in Brasil?]
The squint is the equivalent of "stopping down" your built-in apertures - bringing a greater depth of field and more of what you see into focus.
ReplyDeleteWell the "stopping down" is a way to make the world. No one really gets the photographers. We are enamored by their talent, but we don't know what they're doing. Their art is influential, but hard to pin down.
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