The Noise Factor: Hidden Forces that Imperil Financial Markets

by Yishai Ashlag, Meirav Moran (Contributor)

There is an inherent, invisible flaw in how our financial system operates: the way the markets are built, they turn insignificant day-to-day deviations, or “noise,” into harmful volatility.

As high levels of noise mask reality, people make money in the market regardless of the actual value of companies, commodities, or the economy itself. The growing disconnect between financial markets and the real economy changes the very nature of the financial marketplace. The market stakeholders focus more on shifting gains and losses among participants rather than on creating real value. THE NOISE FACTOR is a financial fantasy that transports the reader to an alternate reality. The book reveals the fundamental principles required to turn off our economy’s noise amplifiers and provides a vision for a more productive financial market.

145 pages, Kindle Edition

Published August 26, 2021

Reviews

[Haaris Mateen · Rating 5 out of 5]

A parable on "noise amplifiers" in the economy. A constant stream of data is not helpful, in fact harmful, when actual value in the economy is created in the medium to long term. Asks us to rein in short term trading, speculative derivatives trading, and excessive central bank actions (including their communication). I enjoyed the book.

[Steven Franqui · Rating 4 out of 5]

I thought he would go more into depth with statical models or history. Overall, it was clear what the message was.

[Larry · Rating 5 out of 5]

Excellent ideas presented elegantly with a powerful epilogue