Wednesday, March 18, 2020

Timeframe Between Market Crashes

Interesting chart to display with timeframes between crashes. The key is staying out of the frenzy and selling off during the drawdown, buying when there is blood in the streets and I can't comment as to whether it makes sense to trade in and out of the market as it is too hard to time and you may miss good opportunities. The market as it is today is where it was 4-5 years ago now. Would it have made sense to sit out during this?

Whats interesting is also the time frame between Market Crashes that creates buying opportunites in 1970, 1973, 1980, 1987, 2000, 2008, and 2020    3 years, 7 years, 7 years, 13 years, 8 years, and 12 years, between draw downs beginning. So after looking at this if you don't want to chase the market you can wait anywhere from 3 years to as many as 13 years for the next good buying opportunity and I believe these "Black Swan" events are ergodicity.  

Friday, March 13, 2020

Empty Parking Lot due to Corona Virus

The parking lot out at my Utah office is looking barren due to the Corona Virus scare. IMO it's the uncertainty and fear that has caused much greater problems and issues than the actual virus itself which is no more dangerous than driving on the interstate.

Tuesday, March 3, 2020

Aspen Art Museum Kusama Exhibit Gone Due to Elevator Being Blocked

I had the pleasure of visiting the Aspen Art Museum, They had up until Sunday February 23rd a single Light Room showcasing Yayoi Kusama's infinity lights. Unfortunately when they were planning it out the setup was blocking the elevator and with the city of Aspen unwilling to give in and the Museum unable to find a new place to put the exhibit it unfortantely closed a bit early.

No staff is allowed to talk about the incident and refers you to read about it online so if you're researching this then here is the answer you've been looking for.

I am personally offering a couple of my Kusama pieces on loan to the Aspen Art Museum and have sent them an email offering such to appease those future visitors who would love to see the greatest Japanese Female Artists work when visiting the AAM.

I am still awaiting a response from the curation team.

-Richart Ruddie
Official website