2 ms·
Only if you assume efficient market theory is correct. It's more likely that this information will be withheld by incumbents since it is a valuable pricing sig
by bduerst 5y ago
Only if you assume efficient market theory is correct.
It's more likely that this information will be withheld by incumbents since it is a valuable pricing signal.
- m0zg 5y agoSee e.g. Renaissance Technologies and their fund. Market goes up, it goes up, market goes down, it goes up. And the guy who runs it keeps his cards super close to his chest and doesn't discuss the methods at all.
- deleted 5y ago[deleted]
- 0x4d464d48 5y agoNot necessarilly. I don't subscribe to it myself. But when you have a system that's state is dependant on the descisions and therefore actions of its participants anything that influences those decisions, i.e. signals, influences its state. Even the actions of individual actors in a market can be treated as signal. I think of it a bit like Chaos Theory. An investor saw a butterfly flap its wings in Fiji which triggered a chain of events culminating in the DOW dropping 800 points on a day.