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Didier Sornette: How we can predict the next financial crisis

A great presentation on the predictability of bubble burst.

Watching just the video itself is not enough because Mr. Sornette also talked to Ted and provided his predictions and analysis on various global markets. You can read by following the link below.

Turbulent times ahead: Q&A with economist Didier Sornette

(For the eternal bulls of the US stock market – sorry, not a bearer of good news this time.)

One thing interesting is his measures on the risk level in May 2013 somehow match closely to the timing of my call in real-time chat for a potential sudden drop in S&P with significant size. In another words, his use of power law distribution analysis on market activities may work similarly to my custom breadth analysis.

It is very encouraging to see academic research finally producing something useful with predictive value.

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Interview With Stan Druckenmiller

Following is an interview with Stan Druckenmiller by Bloomberg’s Katherine Burton back in March 2013.

And this is an updated interview by Goldman Sach’s Hugo Scott-Gall in Jun 2013,

http://www.zerohedge.com/news/2013-06-14/stanley-druckenmiller-chinas-future-and-investing-new-normal

I do not necessary agree with Mr. Druckenmiller’s many talking points but his understanding of the global economy and where it may be heading is something worth listening to.

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One-Moment Meditation: “How to Meditate in a Moment”

For those who do not have any prior training in meditation or some other means to clear your mind, like a good exercise routine, when you are not trading, this is a good introduction to very basic meditation.

The technique explained in the video is not complex at all. All it takes is your willingness to give it a try and practice it everyday. Similar to any other mind training techniques, it takes time to do this proficiently.

For those of you who already know how to do meditation but having difficulty in maintaining your meditative state for prolonged period of time, the concept introduced in the video can help you improve your speed in entering the meditative state which in turn compensate for the time you lose during a meditation session.

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