2013年8月20日

Leaves and the Market


日期:2013/08/19

On a visit to the Botanical Gardens today, I found myself thinking about the purpose of leaves in trees as a way of improving my knowledge of markets. I picked up some oak leaves and tulip tree leaves and saw many veins in them. The veins seem to provide more paths to exchange nutrients and perform photosynthesis. The leaves are very light, so they maximize their surface area relative to volume, thus giving them more opportunity for photosynthesis, and probably preventing an excess of loss of water through evaporation. But in handling the leaves, I was amazed at their toughness, like a abalone. In researching the subject, I learned that toughness of leaves, i.e. the amount of cellulose in them, is now considered the main way that leaves survive. It also reduces their palatability to predators.

What can we learn from leaves about markets. Perhaps a wider range at a price below increases their resistance to death? Perhaps a stronger book of limit orders (in contrast to Mamis's dictum that the larger the buy limits the worse the price?).



What can we learn from the roots of trees? I wish all my people would learn to have strong roots rather than deferring to the latest fashion or predictive hour? In general the trees change with the seasons? Can we learn from trees about ever changing cycles? The summer has been very different from the previous spring and winter this year. It always seems to be. Strong moves in one market, i.e. the bonds have overwhelmed the rest. And of course my favorites, the theory of uniform distribution, — why do trees together reach the same height,and my favorite of favorites, the theory of least effort which relates in part to how branches curve to have the same forces on them at all levels of the branch. But I know nothing about trees compared to the rest of you. What can we learn? How can it help us?

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