Ergodicity
I first came across the word ergodicity in a book about information theory, which I was reading because I was interested in the (unicycle riding,... Read More
Cluster One
Last year I was playing around with Euclidean Distance, https://brucepackard.com/wood-from-the-trees/ taking a sample of companies from 5 years ago, and seeing if the best performing... Read More
Jeux sans frontiers
I’ve been meaning to publish something on Games Workshop since it has become my largest position. According to Bloomberg the shares are up 1000% in... Read More
Heroes and Xeros
I’ve been thinking about “story stocks”. In case you don’t know “story stock” is normally a term of abuse among value investors. It means companies... Read More