3 ms·
> study of a type 2 chaotic system The reason it's chaotic is not just because predictions about it feed back into it. It is also a weather-type chaotic system
by ur-whale 4y ago
> study of a type 2 chaotic system
The reason it's chaotic is not just because predictions about it feed back into it. It is also a weather-type chaotic system.
> It's an art, not a science.
That may well be.
However, he question that really matters is : is it useful at all?
As demonstrated time and again, this whole legend about hidden winning strategies may very well be utter and complete BS:
https://www.investopedia.com/articles/investing/030916/buffetts-bet-hedge-funds-year-eight-brka-brkb.asp https://www.investopedia.com/articles/investing/030916/buffe...
- Gibbon1 4y agoIt has aspects of weather like behavior. Plus climate behavior in that chaotic systems can jump from one semistable pattern to another. And then point events. A virus jumps from bats to humans. Some dictator decides for his own internal reasons to start a war. The pace of technology isn't predictable or even possible to predict. Referring to something above. Economics would be a lot better if it focused on historical happenings and stopped trying to pretend it's a hard science like physics.