Ludovic de Belleval - Train Money Brain (@TrainMoneyBrain) / X

Ludovic de Belleval - Train Money Brain

3,057 posts

Ludovic de Belleval - Train Money Brain

@TrainMoneyBrain

There is no right or wrong But right is right and wrong is wrong 道可道非常道名可名非常名至道無難唯嫌揀擇 Train Money Brain: Personalize, practical investment training

"Everywhere, and Nowhere"

trainmoneybrain.com

Joined June 2020

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Ludovic de Belleval - Train Money Brain
@TrainMoneyBrain
May 25, 2025
Call for a radical deconstruction of the economic and financial discourse: • Complete elimination of hindsight reasoning • Elimination of all invalid assumption of ceteris paribus clause • Elimination of the use of historical events as proof Use only to disprove dogma
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Ludovic de Belleval - Train Money Brain
@TrainMoneyBrain
Aug 28, 2024
Replying to @devahaz and @LucLapierre8
All this proves is you will switch back to preferring Celsius if/when you go back to UK
50K
Ludovic de Belleval - Train Money Brain
@TrainMoneyBrain
Aug 7, 2022
Replying to @fransglobal and @mhar4
"Roger, you definitely need education" I wish you were there - in Taiwan, talking to people
Ludovic de Belleval - Train Money Brain
@TrainMoneyBrain
Sep 29, 2022
Replying to @michaelxpettis
Because of this kind of books
Ludovic de Belleval - Train Money Brain
@TrainMoneyBrain
Apr 21, 2022
Replying to @ParikPatelCFA
To be fair he genuinely wants to help as many people as possible understand better. Too bad he believes we can look at history and find "timeless and universal" Laws of Economics, like China's Song and 16th century Netherlands have anything to teach us about modern economies
Ludovic de Belleval - Train Money Brain
@TrainMoneyBrain
Oct 15, 2022
I guess we already know, just listen to him... He will be remembered as the Chinese Leader presiding over China's entry into its lost decade.s
Ludovic de Belleval - Train Money Brain
@TrainMoneyBrain
Aug 9, 2024
Replying to @joefrancis505
maths and physics require very different skills, there is no hierarchy, geniuses in both fields economics is mostly history written in the language of math models, but without the scientific method (no falsifiability) not sure using a different language makes eco ＞ history
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Ludovic de Belleval - Train Money Brain
@TrainMoneyBrain
Aug 11, 2022
Replying to @TrainMoneyBrain and @nntaleb
Conclusion : process is everything We must set the default parameters of our future decisions at the time we first made the initial decision
Ludovic de Belleval - Train Money Brain
@TrainMoneyBrain
Jul 29, 2022
Replying to @countdraghula
Good maths But "like ANY bank, assets must = liabilities"?? a CB is no more similar to 'any bank" than a country is a household Base money is no "liability" in the normal sense of accountants: If you have a 1$ bill, nobody owes you anything $=ultimate means of settlement
Ludovic de Belleval - Train Money Brain
@TrainMoneyBrain
Feb 13, 2021
Replying to @Cokedupoptions @elonmusk and @KremlinRussia_E
They like capitalism with Novichok characteristics
Ludovic de Belleval - Train Money Brain
@TrainMoneyBrain
Oct 14, 2022
Replying to @michaelxpettis and @adam_tooze
I don't know if you want it, but I sincerely think you should get it more than most others. It would improve the quality of this reward.
Ludovic de Belleval - Train Money Brain
@TrainMoneyBrain
Dec 16, 2020
Replying to @Vivek_Investor
“The idea that the future is unpredictable is undermined every day by the ease with which the past is explained.”
Ludovic de Belleval - Train Money Brain
@TrainMoneyBrain
Aug 11, 2022
Replying to @nntaleb
This is tied to the endowment effect, a well known cognitive bias that makes us resist selling what we own When it is a losing position, the other bias takes over: loss aversion, aka fear of "realizing" loss
Ludovic de Belleval - Train Money Brain
@TrainMoneyBrain
Sep 17, 2024
Replying to @dunne_insights
And it's not just labor, despite common intuitions China's development has been capital intensive rather than labor intensive, pointing to the (more?) important role of "capital" subsidies (rates, debt "forgiveness"...)
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