The opening paragraph of Philosophy of Information Warfare (1998) by Russian military analyst Sergei P. Rastorguev:
“Once there was a fox that wanted to eat a turtle, but whenever he tried to, it withdrew into its shell. One day there appeared a television hanging in a tree, displaying images of flocks of happy, naked turtles—flying! The turtle was a bit skeptical and amazed at the same time. Meanwhile, fox continued to pay for more broadcasts advertising flying turtles. One morning, when the sky seemed bigger and brighter than usual, the turtle removed its shell.
The turtle didn’t know and never will, that information warfare — it is the purposeful training of an enemy to remove its own shell.”
Acknowledgements
Hat tip to Eto Buziashvili at Atlantic Council
Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters.
Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis.
Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008/2009 and 2020 bear markets well ahead of actual events.
He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.