Market On Open, Monday 23 February
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Psyops 101
by Alex King, CEO, Cestrian Capital Research, Inc.
Finance Twitter today has been won by Citrini Research, a high quality small fund manager and research shop. They published a long form note in recent days considering all the bad things that could happen if AI development continues in the current vein. And the response to them has been overwhelmingly negative you-guys-are-idiots-you-just-don’t-get-it. Which tells you that there are a lot of people on Finance Twitter who are either (1) vehemently pro the current trend and won’t for some reason countenance any change to that, and/or (2) paid to say so by forces unknown. Anyway whenever I see this kind of pile-on, to me it reveals much more about the stress levels in the prevailing narrative than anything else. If you really have the whole of FinX jumping on someone’s head because they dared to consider plan B … is plan A really a slam-dunk given? Or is it just a psyop being sold to the little people by the big people?
Psyops and narrative is everywhere at all times and it is hard to navigate using your mind alone, because it is specifically constructed to make it difficult for humans to do so.
Want to know the best way to not be fooled by narrative and psyops? Use an algo to help you. Because algos are completely unreceptive to narrative. They only speak price. As should we all.
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Alex King
Righto. The market. Let’s get right into it. Today’s note is for our Inner Circle and Circle members alike.