In Fooled By Randomness, Nasim Taleb talks about setting up a display to only show him very broad characteristics of the market. I wanted to create a kind of ambient monitor that took this idea but humanized the numbers into something that could be understood in a simpler, more passive way. Using weekly data from a total stock market index, the monster grows when instability is high and shrinks when it is low. The head is an indicator of short term instability. I wanted an aspect of the monster to retain a memory of special events in the past, and the ribs that appear at moments of extreme instability are supposed to serve that purpose.
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