Related to (Eliezer Yudkowsky at Less Wrong): An Equilibrium of No Free Energy Related to (Satvik Beri at Less Wrong): Competitive Truth Seeking Follow-up to: Leaders of Men Markets Suppose you have an insight about Google. The efficient market hypothesis says you can't make a profit. Your insight is not a new insight. The market has already priced it in. You know no more about Google's future price than you did before.
Zeroing Out
Zeroing Out
Zeroing Out
Related to (Eliezer Yudkowsky at Less Wrong): An Equilibrium of No Free Energy Related to (Satvik Beri at Less Wrong): Competitive Truth Seeking Follow-up to: Leaders of Men Markets Suppose you have an insight about Google. The efficient market hypothesis says you can't make a profit. Your insight is not a new insight. The market has already priced it in. You know no more about Google's future price than you did before.