[ExI] Sudden outbreak of democracy baffles US pundits

Jef Allbright jef at jefallbright.net
Tue Oct 7 13:56:25 UTC 2008


On Tue, Oct 7, 2008 at 6:41 AM, Stefano Vaj <stefano.vaj at gmail.com> wrote:
> On Tue, Oct 7, 2008 at 2:59 PM, Stathis Papaioannou <stathisp at gmail.com> wrote:
>> The only way to beat the market is to have
>> special information.
>
> Yes. Or, at least, posthuman intuition and reaction time... :-)

Yes. Or, a more effective broad synthesis of the likelihood function
behind the bits of public information, which, if you think about it,
is at the opposite end of the spectrum from what's normally considered
"special" information. (Not to discount Stathis' very valid point.)

- Jef



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