“You’re So Random!”

John Noonan Uncategorized

John’s little cousin would say that to him quite a bit. He’s still not sure what it means after all these years. Hopefully it’s good. He’s too old to know. You know what else is old? The market. It’s been around longer than anyone reading this. Since its birth it’s been the definition of random – or in other words, patternless. Look at the last forty-five years below. The dots are yearly returns of the market. The lines are the high and low points in that year. Now try to find a pattern. (But don’t try for too long, because …