He is a character and appears well versed in how markets really work, but how do you know he is wealthy and successful? I'm not doubting it, just wondering how you reached this conclusion. Surf
Good point. I am in the dark in many domains. The more you know the more you realize how much you still do not understand. It serves as a good motivation for me.
Just ask him yourself -- the man knows his stuff inside and out. Just... try not to embarrass yourself by attempting to truckle up his business.
You are right though: the vast majority here (aside from many intelligent non-posters), including myself, is far into the dark when it comes to what you know. Only thing I do know is that I don't know, so cheers to possibly also recognizing that there is no real picture.
Sometimes I wish I could show openly some pretty dramatic results that we unearthed in the past 6 - 7 years. But this damned, cut-throat industry makes it impossible. Sometimes I wish I was in biology or some other non-money related science where I could publish the results and invite all of my pears to discuss them. However, we all know it is not possible in the QUANT business. Too sad ... The only thing that I can do is to encourage everybody who is interested in this type of research to keep on digging in the direction that I believe has much more probability of success than anything else - Mathematical Psychology.
If you put several fertile women to live in the same quarters (like in a sorority), after a few months they all start having their periods synchronically within a day or 2. The above "phenomenon" is: a-Random b-Chaotic c-Exploitable d-Weird e-Predictable f-Profitable g-Smelly Choose only those that apply to you.
What about the Big Bang? Wasn't it the cause of all those things? Lack of causality is equivalent to miracles. There is the "no miracles" principle in physics. There is a huge difference to say that a phenomenon does not need any causes to describe it and to say that there are no causes. Apparently, you have confused those two. Gravity may not need any causes to describe it but we do not know what gravity is so we do not know its cause. It is very dangerous to equate lack of knowledge of something with the existence of something.
And how do you know that the Big Bang had really happened? This theory only represents our current state of beliefs. 200 years ago people would get burnt at stake for these words. What do you think will happen in 200 years from now? Would the "cause" of all existence be different? Knowledge is a relative thing, so stating causality is a fruitless exercise. However, understanding the properties of any physical phenomena without limiting yourself to any specific cause is a very progressive way of research.