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Others will jump in to say that markets are not predictable like chemical bonds, but i would counter-argue that they should be more predictable and less fear-and-rumour-driven


A great quote from Galbraith is appropriate here. "The markets can stay irrational a lot longer than you can stay solvent."

I don't know exactly what you mean by should but whether or not fear and rumor should drive markets the fact remains that they do sometimes drive markets.


The quote is not by Galbraith but Lord Keynes. Still true, tho'.


Well quantum physics has this at it's core - http://en.wikipedia.org/wiki/Uncertainty_principle

I'm not saying it's directly applicable but the anyone who has grasped it, should be capable of understanding market effects as well.


The uncertainty principle results in indeterminacy, not unpredictability. You still have an expected outcome.


You also have an expected outcome with Greece: Either it will default or not. I think your point sound clever but is not.

Either the cat is dead or it isn't. Or was it Greece?


The consensus is that greece will default, the time is uncertain though


Then I don't understand your comment above.




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