• Re: Market anomaly

    From John Larkin@21:1/5 to bloggs.fredbloggs.fred@gmail.com on Mon Feb 12 09:17:29 2024
    On Mon, 12 Feb 2024 08:42:57 -0800 (PST), Fred Bloggs <bloggs.fredbloggs.fred@gmail.com> wrote:

    'A market anomaly in a financial market is predictability that seems to be inconsistent with (typically risk-based) theories of asset prices.'

    People have made billions exploiting this phenomenon. AI will end that kind of opportunity in the near future.

    https://en.wikipedia.org/wiki/Market_anomaly

    "Academics have not reached a consensus" is hilarious. It should be
    obvious to those academics that none of their theories about markets,
    anything past Econ 101, can't work. Well, none will admit it.

    AI can't pick winners either.

    "If you're an economist, how come you're not rich?"

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Jan Panteltje@21:1/5 to jl@997PotHill.com on Tue Feb 13 06:38:42 2024
    On a sunny day (Mon, 12 Feb 2024 09:17:29 -0800) it happened John Larkin <jl@997PotHill.com> wrote in <uckksih4cjka9o03nruo6ndolf782592ui@4ax.com>:

    On Mon, 12 Feb 2024 08:42:57 -0800 (PST), Fred Bloggs ><bloggs.fredbloggs.fred@gmail.com> wrote:

    'A market anomaly in a financial market is predictability that seems to be inconsistent with (typically risk-based) theories of
    asset prices.'

    People have made billions exploiting this phenomenon. AI will end that kind of opportunity in the near future.

    https://en.wikipedia.org/wiki/Market_anomaly

    "Academics have not reached a consensus" is hilarious. It should be
    obvious to those academics that none of their theories about markets, >anything past Econ 101, can't work. Well, none will admit it.

    AI can't pick winners either.

    "If you're an economist, how come you're not rich?"

    I have read George Soros book 'The Alchemy of finance',
    Politics.

    That was after I did a training in financial markets and option trade here
    and wondered why the teachers were not very rich.
    https://www.amazon.com/Alchemy-Finance-George-Soros/dp/0471445495
    Long ago (year 1998 or so):
    https://panteltje.nl/panteltje/financial/index.html
    later got an email from some students if they could use my code as starting point..
    OK,
    well after that 'puters took control...
    I am sure you can AI make predictions after training it on past events, basically what I do.
    But read Soros's book.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From john larkin@21:1/5 to bloggs.fredbloggs.fred@gmail.com on Wed Feb 14 13:29:49 2024
    On Tue, 13 Feb 2024 05:59:18 -0800 (PST), Fred Bloggs <bloggs.fredbloggs.fred@gmail.com> wrote:

    On Tuesday, February 13, 2024 at 1:38:50?AM UTC-5, Jan Panteltje wrote:
    On a sunny day (Mon, 12 Feb 2024 09:17:29 -0800) it happened John Larkin
    <j...@997PotHill.com> wrote in <uckksih4cjka9o03n...@4ax.com>:

    On Mon, 12 Feb 2024 08:42:57 -0800 (PST), Fred Bloggs
    <bloggs.fred...@gmail.com> wrote:

    'A market anomaly in a financial market is predictability that seems to be inconsistent with (typically risk-based) theories of
    asset prices.'

    People have made billions exploiting this phenomenon. AI will end that kind of opportunity in the near future.

    https://en.wikipedia.org/wiki/Market_anomaly

    "Academics have not reached a consensus" is hilarious. It should be
    obvious to those academics that none of their theories about markets,
    anything past Econ 101, can't work. Well, none will admit it.

    AI can't pick winners either.

    "If you're an economist, how come you're not rich?"

    I have read George Soros book 'The Alchemy of finance',
    Politics.

    That was after I did a training in financial markets and option trade here >> and wondered why the teachers were not very rich.
    https://www.amazon.com/Alchemy-Finance-George-Soros/dp/0471445495
    Long ago (year 1998 or so):
    https://panteltje.nl/panteltje/financial/index.html
    later got an email from some students if they could use my code as starting point..
    OK,
    well after that 'puters took control...
    I am sure you can AI make predictions after training it on past events,
    basically what I do.
    But read Soros's book.

    You posted this in the wrong thread. How did you manage that?

    He posted a followup to my post, in another thread.

    Usenet occasionally tangles threads.

    Don't be automatically obnoxious.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Bill Sloman@21:1/5 to john larkin on Sun Feb 25 16:41:09 2024
    On 15/02/2024 8:29 am, john larkin wrote:
    On Tue, 13 Feb 2024 05:59:18 -0800 (PST), Fred Bloggs <bloggs.fredbloggs.fred@gmail.com> wrote:

    On Tuesday, February 13, 2024 at 1:38:50?AM UTC-5, Jan Panteltje wrote:
    On a sunny day (Mon, 12 Feb 2024 09:17:29 -0800) it happened John Larkin >>> <j...@997PotHill.com> wrote in <uckksih4cjka9o03n...@4ax.com>:

    On Mon, 12 Feb 2024 08:42:57 -0800 (PST), Fred Bloggs
    <bloggs.fred...@gmail.com> wrote:

    'A market anomaly in a financial market is predictability that seems to be inconsistent with (typically risk-based) theories of
    asset prices.'

    People have made billions exploiting this phenomenon. AI will end that kind of opportunity in the near future.

    https://en.wikipedia.org/wiki/Market_anomaly

    "Academics have not reached a consensus" is hilarious. It should be
    obvious to those academics that none of their theories about markets,
    anything past Econ 101, can't work. Well, none will admit it.

    It is obvious to John Larkin - as obvious as the non-existent defects in
    the science behind global warming - which both reflect his unfortunately susceptibility to self-interested right-wing propaganda.

    AI can't pick winners either.

    "If you're an economist, how come you're not rich?"

    I have read George Soros book 'The Alchemy of finance',
    Politics.

    That was after I did a training in financial markets and option trade here >>> and wondered why the teachers were not very rich.
    https://www.amazon.com/Alchemy-Finance-George-Soros/dp/0471445495
    Long ago (year 1998 or so):
    https://panteltje.nl/panteltje/financial/index.html
    later got an email from some students if they could use my code as starting point..
    OK,
    well after that 'puters took control...
    I am sure you can AI make predictions after training it on past events,
    basically what I do.
    But read Soros's book.

    You posted this in the wrong thread. How did you manage that?

    He posted a followup to my post, in another thread.

    Usenet occasionally tangles threads.

    Don't be automatically obnoxious.

    Leave that to John Larkin - it is his specialist subject.

    --
    Bill Sloman, Sydney

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)