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Mandelbrot practically said that you shouldn't listen to him; not look to him for answers. But in fact, listening to any opinion on the matter is looking for an
by marvin 18y ago
Mandelbrot practically said that you shouldn't listen to him; not look to him for answers. But in fact, listening to any opinion on the matter is looking for answers. His point is that nothing will give a correct indication about what is about to happen in our current situation. The classical "markets always correct themselves" doesn't necessarily hold.