In the previous post, I would have also mentioned that we could make 100% accurate predictions for the coming weeks and months if we had complete knowledge and data. However, the problem with overly complex systems is that we cannot control all the dynamics. Therefore, there will always be some dynamics that can be hypothesized but will have unknown impacts. From this, it is easy to understand why it is not possible to have 100% certainty. Darwinian evolution provides a limited explanation of things, while chaos theory offers an advanced understanding of evolution. Collapse is a necessary event for evolution to occur, even at the cost of human extinction. Humans have reached a limit beyond which they cannot progress, so perhaps in the future, the next bifurcation could be cybernetic. Evolution should always be seen as something positive, and in my opinion, we should not place too much importance on climate change and the extinction of some animals because it is an evolutionary process. It is regrettable, yes, but it is part of the laws of nature. It is not the law of the strongest because everything is self-organizing. There are still unknown variables that act on everything, including the human brain, but we do not yet understand them. Portfolio managers and climatologists (those who make long-term forecasts) are like shamans. They cannot have any advantage except for a few extremely skilled ones, such as some managers (very few in the world - for example, the natural gas manager for Citadel - where here some variables and dynamics have allowed for risk-free speculation). In the stock market, insider trading is illegal, but insider trading can be legal when speculating on commodities if the information comes from insiders within certain government bodies or large corporations. Even at a macro level, it is possible to play with privileged information, as Bridgewater did because they have extremely far-reaching connections.
ren is a front for laundering money for the pentagon - nothing special about them at all - howard hughes, blackwater, solyndra, hunter biden , buffet comes to mind and dozens of other front men for various so called gov. entities to funnel stolen money from the taxpayers. so who's blind to worship the gov. fabricated idols ..... ?
There must be a reason why the boss of Citadel paid $200 million for a Pollock painting. I'm not entirely sure what they do beyond executions, but they might also be involved. There are only two likely reasons for this deterministic order to form: 1) independent liquidity providers- execution market makers because some of their algorithms are not public. 2) The other reason for this deterministic order is that it is simply a physiological process that follows the rules of nature. With stochasticity, you don't make tens of billions of dollars a year, so those who make a lot of money do so because they have found deterministic order.
Yes but your "reaction" still becomes a prediction the instant you click that mouse to buy or to sell short. Can you be 100% sure you aren't delusional?
We are 100% delusional. The only thing that save us is the strict risk control and a skewed risk to reward ratio. All the rest is a 'false' sense of control.