I am a student of the market. I actively do research in finance with focus on investment and risk management.I believe the market is efficiently inefficient;market players are boundedly rational with heterogeneous beliefs;therefore the market volatility is mostly endogenously generated by traders’ interaction and information play a role of catalyst.

IChing is the China ancient Classic of Changes.I use it as part of my blog title and want to express the idea that the market is both efficient and inefficient, and it’s been changing in some way but not in random.