Source: Mark Rzepczynski, "Market Vision and Investment Styles: Convergent versus Divergent Trading" in J. of Alt. Investments (Winter 1999)
The Main Points.
- It’s far better to be convex than to be “right” or “smart”
- Attitudes toward how the world, knowledge, and markets are structured necessarily informs investment strategies and decisions
- Two main epistemological frames: convergence and divergence
If dealing with crypto investments--whether private venture and/or or publicly traded venture--and there there is only a single choice of worldview to express in the investment program...
investment_worldviews = ["convergent", "divergent"]
The Annotated Visual.