I found it very interesting that the women at the IMF all find it appropriate to wear pants only so as not to excite too much exuberance from their colleagues there, all of whom are PhD, presumably suffering from the Miseian frustration of knowing how the world should work but no one will listen to them.

How can this be generalized to other market situations and become useful for predictions.

For example, how does the dress code in companies affect market performance, as well as the age differential between CEO and wife?





Speak your mind

4 Comments so far

  1. tom on June 1, 2011 4:11 am

    My compliments to the art editor.

    Any further analysis would be superfluous, gilding the lily.

  2. Andre Wallin on June 1, 2011 8:35 am

    morning idea: market only cares about the inverse of the herd’s perception. economic has zero impact on the market. the herd constantly perceives an expectation and the market will always move away from it like opposite magnates. the reason the 2008 crisis happened was only because the herd perceived prices couldn’t drop and kept perceiving a bottom and so it dropped further. economics is a lie and a myth just like religion.

  3. Andre Wallin on June 1, 2011 8:41 am

    reflexivity, as Soros argues, caused the failures not the other way around. the failures didn’t caused the market crash as everyone thinks is the case.

  4. 1land2ts on June 2, 2011 10:27 am

    Dress codes at companies could reflect the mood of management.

    If management is unsure and worried about future prospects, it could recommend a stricter dress code in order to instill the feeling amongst workers that dressing up will produce enhanced performance.

    On the other hand, if management is confident about business conditions, a looser dress code could be allowed.

    Maybe an oscillator could be created using year over year or quarter over quarter same store sales data from leading apparel companies. Peaks & valleys in the oscillator could be plotted against the S&P and back tested.


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