Although I haven’t completely detailed my theory on markets for readings here at TPC, I have given you a taste (here & here). Much of my thinking is based on the fragility and chaotic nature of complex systems. This paper is an excellent primer:
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.