One of the most prevalent failings in finmarkets is that you take a batch of data with which you're presented, turn it into a graph, and imagine you've uncovered some unheralded, Absolute Truth...
1/x
1/x
The first thing any competent practitioner learns is that the data itself is often selectively - if not indeed subjectively - compiled; that cet. par. only rarely holds; that it's the Unkown Unknowns & the unasked questions that ruin you... 2/x
#pandemic
#pandemic
That, for every cute chart you draw -whether intentionally or unthinkingly misleading- there'll be no shortage of those approvingly Oohing and Aahing at it & eagerly relaying it to others as a mark of their own elevated sagacity (the #WEF Agit-prop Dept are masters at this) 3/x
That there are 'lies damned lies and statistics' and that a (graphical) 'picture paints a thousand words' - none of them necessarily representative of any underlying reality.
Anyone active in the #COVID19 Twitter Wars care to comment?
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Anyone active in the #COVID19 Twitter Wars care to comment?
4/x
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