Re:Numerai – A hedge fund built by a global community of ano...
by anentropic on Monday October 17, 2016 @01:23PM
(#12727079)
good grief you're right, I never realised, the market is always right about everything!
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Re:Numerai – A hedge fund built by a global community of ano...
by wyager on Monday October 17, 2016 @04:25PM
(#12729353)
Nice straw man, but the market doesn't have to be right about everything; it just has to not be completely wrong about a market worth tens of trillions.
The stock market is one of the mechanisms that allows the market to be right by communicating price information.