The Invisible Hands – Playing The Player

The Invisible Hands - Playing The Player by by Alex Barrow, Macro Ops

Market sentiment is a fuzzy concept.

In its most basic sense, it’s the aggregate beliefs and moods of actors that comprise the total market.

It’s tough to measure, gauge and test. And so, it’s often discarded completely or superfluously used to confirm one’s own biases.

The Invisible Hands: Top Hedge Fund Traders on Bubbles, Crashes, and Real Money by Steven Drobny

[drizzle]

But learning how to play the player (market sentiment) is vitally important, because in the end it’s these beliefs that move markets. Here’s the following from the Philosopher interview in Steven Drobny’s book The...