Some [hedge funds] skip predicting the real world as a determinant of prices by just focusing on the prices themselves — they are"technical" not"fundamental".
It seems perverse that markets can be predictable in a way that the real world is not; that there might be eminently sensible ways of managing money without being quite sure what it is, or what it’s worth.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
Source: Digital Coin News (digitalcoinnews.net)
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