2 ms·
I agree with the general sentiment: news sucks. On the other hand I find myself disliking it not because it's so predictable, but because how shallow it all is
by parhamn 2y ago
I agree with the general sentiment: news sucks. On the other hand I find myself disliking it not because it's so predictable, but because how shallow it all is given the complexity of the current systems. This plus the intractable nature of reducing the complexity of the world to a short enough sound bite to keep people engaged. If what you say is true, you should have decent alpha playing in financial markets.
Sure, good 'back testing' (or understanding of history, people, and economies) helps with some of the core behaviors at play, but the way the coin lands these days is much more interesting and somewhat random. There are rhymes, but much of the complexity we're dealing with is new and unprecedented.