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One Minute Economics: The Lindy Effect Explained in One Minute: From Albert Goldman to Nassim Taleb, & Gold to... Bitcoin?
- Sunday, 08 December 2019 14:48
The term "Lindy Effect" was let's say coined by Albert Goldman in the sixties but heavily popularized by Nassim Taleb through his "Incerto" books.
What is the "definition" or meaning of the Lindy Effect?
Think of it as aging in reverse, in other words the idea that if something has been around for an extended period of time, it's likely it will continue staying around.
As a side note, and as you might have suspected, the Lindy Effect refers exclusively to non-perishables nowadays, perishable things (such as... well, our lives) are not included in the equation. One might say the Lindy Effect refers to staying power and not be that far off from the true.
As explained in this video, perhaps the textbook Lindy Effect example is represented by precious metals in general and gold in particular, gold which has been perceived as valuable not for years or decades or even centuries but downright millennia.
On the opposite end of the spectrum, overly exuberant investors tend to be too quick to attribute the Lindy Effect to "hot" assets such as Bitcoin or asset classes such as cryptocurrencies. At the end of the day, as this video tries to explain, understanding the Lindy Effect is ultimately a matter of common sense.
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sunny decree: NEW BITCOIN PRICE PREDICTIONS FOR 2020, 2024, 2028!!!
- Sunday, 08 December 2019 12:53
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The Modern Investor: Ethereum Hard Fork Live, Crypto Dividends, Random Delisting & Bakkt Futures Tomorrow
- Sunday, 08 December 2019 13:12
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Crypto Love: ETHEREUM ISTANBUL HARD FORK EXPLAINED!!
- Sunday, 08 December 2019 12:00
Ethereum's Istanbul Hard Fork is Live! Today, the Istanbul hard fork went live introducing 6 new EIPs to the Ethereum network. In today's video, I will explain what is Ethereum's Istanbul hard fork and let you know what you specifically need to do as an $ETH investor or miner. Join me...
Monarch Wallet: https://monarchwallet.com
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To appease money-hungry lawyers and irresponsible people, it should be known that I AM NOT A FINANCIAL ADVISOR and THIS IS NOT INVESTMENT ADVICE. I am merely educating and entertaining. What you do with your own money is your own responsibility. Seek the counsel of an intelligent financial advisor (good luck finding one) before investing yours or anyone else’s money.
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. In limited circumstances the speaker has been compensated by a third party. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results. This is not an offer to sell securities. Never invest more than you can afford to lose. You should consult with your professional advisors before purchasing any cryptocurrencies.
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Kayo Bello: Why Virna Jandiroba Will Defeat livinha Souza - UFC Fight Night Dec 8
- Friday, 06 December 2019 18:01
Why Virna Jandiroba Will Defeat livinha Souza - UFC Fight Night Dec 8
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Kayo Bello: Why Cynthia Calvillo Will Defeat Marina Rodriguez - UFC Fight Night Dec 8
- Friday, 06 December 2019 20:02
Why Cynthia Calvillo Will Defeat Marina Rodriguez - UFC Fight Night Dec 8
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Kayo Bello: Why Jairzinho Rozenstruik Will Defeat Alistair Overeem - UFC Fight Night Dec 8
- Friday, 06 December 2019 20:08
Why Jairzinho Rozenstruik Will Defeat Alistair Overeem - UFC Fight Night Dec 8
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Nugget: Bitcoin, Cryptocurrency, Finance & Global News - Market Update December 8th 2019
- Sunday, 08 December 2019 06:43
Bitcoin, Cryptocurrency, Finance & Global News - Market Update December 8th 2019
In this week's cryptocurrency market update we look at all the latest crypto news headlines for Bitcoin, Ethereum & Altcoins. We then dive into finance & property news in Australia before looking at the latest global news headlines from US, Trump, Europe, China, covering currency wars, stocks, bond markets & more. Bitcoin had a relief rally this week before broking down again with Altcoins following suit. Stock markets remain near all time highs. Rate cuts from central banks continue along with injections of reserves into overnight Repo markets. Stimulus & interest rate cuts have been implemented in Australia, China, United States, Europe & are likely going to continue going forward. #Bitcoin #Finance #News
GBTC Report: https://pressroom.aboutschwab.com/press-release/schwab-corporate-retirement-services-news/schwab-report-self-directed-401k-balances-ho
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Ledger: https://nuggetsne.ws/ledger
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? DISCLAIMER ?
I am not a licensed financial advisor. My views are general in nature and should not be taken as financial advice. Always do your own research before investing any money.
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Cryptobud: Bitcoin Holds $7,000 | Baakt Breaking Down?|
- Sunday, 08 December 2019 02:58
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Cryptobud: Enjin and Microsoft Partnership! | 2019 Performance!
- Sunday, 08 December 2019 03:10
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#bitcoin, #cryptocurrency, #trading, #investing, #financial education, #wealth,#stocks, #real estate, #blockchain
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ANY INFORMATION CONTAINED HEREIN IS A PERSONAL OPINION AND NOT FINANCIAL ADVICE.
ANY INFORMATION CONTAINED HEREIN IS PROVIDED FOR INFORMATIONAL AND EDUCATIONAL PURPOSES ONLY AND IT IS NOT AN OFFER OR SOLICITATION TO BUY,
HOLD, OR SELL ANY SECURITY. CRYPTOBUD MEDIA LLC IS NOT REGISTERED AS AN INVESTMENT ADVISER WITH ANY FEDERAL OR STATE REGULATORY AGENCY.
CRYPTOBUD MEDIA LLC SHOULD NOT BE RELIED UPON AS A SUBSTITUTE FOR EXTENSIVE INDEPENDENT MARKET RESEARCH BEFORE MAKING
YOUR ACTUAL INVESTMENT OR TRADING DECISIONS. CRYPTOBUD MEDIA LLC WILL NOT ACCEPT LIABILITY FOR ANY LOSS OR DAMAGE,
INCLUDING WITHOUT LIMITATION ANY LOSS OF PROFIT, WHICH MAY ARISE DIRECTLY OR INDIRECTLY FROM USE OF OR RELIANCE ON THE INFORMATION CONTAINED HEREIN.
THE ICOS DISCUSSED HEREIN HAVE NOT BEEN REVIEWED BY THE SECURITIES
AND EXCHANGE COMMISSION OR ANY OTHER FEDERAL OR STATE SECURITIES REGULATORY AUTHORITY
AND MAY CONSTITUTE SECURITIES PURSUANT TO FEDERAL AND STATE SECURITIES LAWS AND MAY NOT BE
APPROPRIATE FOR, OR OFFERED TO, INVESTORS RESIDING IN THE UNITED STATES.
INVESTMENT IN ICOS INVOLVES A HIGH DEGREE OF RISK AND SHOULD BE CONSIDERED
ONLY BY PERSONS WHO CAN AFFORD TO SUSTAIN A LOSS OF THEIR ENTIRE INVESTMENT.
THE SECURITIES AND EXCHANGE COMMISSION HAS WARNED INVESTORS RESIDING IN THE UNITED STATES THAT,
BY INVESTING IN ICOS, INVESTORS MAY BE PURCHASING UNREGISTERED SECURITIES OFFERINGS.
INVESTORS IN THE UNITED STATES WHO INVEST IN ICOS MAY BE UNABLE TO RECOVER ANY LOSSES SUSTAINED IN THE EVENT OF FRAUD OR THEFT.
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