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Update: The crowd is not always wrong but the best trades usually start by looking wrong

Update: The crowd is not always wrong but the best trades usually start by looking wrong

Jan 25, 20261 min read

Summary

Video #37 in the allthingsfinancial series. Yen carry mechanics clarification; institutional-flow interpretation

Key Insight

Yen carry mechanics clarification; institutional-flow interpretation

Framework Refinement

Improved market plumbing layer and reduced simplistic FX narratives

Sections Referenced

  • tier-1-currency-plumbing

Source: The crowd is not always wrong but the best trades usually start by looking wrong


Graph View

  • Summary
  • Key Insight
  • Framework Refinement
  • Sections Referenced

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