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Others will jump in to say that markets are not predictable like chemical bonds, but i would counter-argue that they should be more predictable and less fear-an
by zerostar07 15y ago
Others will jump in to say that markets are not predictable like chemical bonds, but i would counter-argue that they should be more predictable and less fear-and-rumour-driven
- yequalsx 15y agoA great quote from Galbraith is appropriate here. "The markets can stay irrational a lot longer than you can stay solvent." I don't know exactly what you mean by should but whether or not fear and rumor should drive markets the fact remains that they do sometimes drive markets.
- gahahaha 15y agoThe quote is not by Galbraith but Lord Keynes. Still true, tho'.
- harryf 15y agoWell quantum physics has this at it's core - http://en.wikipedia.org/wiki/Uncertainty_principle http://en.wikipedia.org/wiki/Uncertainty_principle I'm not saying it's directly applicable but the anyone who has grasped it, should be capable of understanding market effects as well.
- zerostar07 15y agoThe uncertainty principle results in indeterminacy, not unpredictability. You still have an expected outcome.
- Uchikoma 15y agoYou also have an expected outcome with Greece: Either it will default or not. I think your point sound clever but is not. Either the cat is dead or it isn't. Or was it Greece?
- zerostar07 15y agoThe consensus is that greece will default, the time is uncertain though
- Uchikoma 15y agoThen I don't understand your comment above.