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A comment on We’re discontinuing the Stablegains service. Parent comment

Re:We’re discontinuing the Stablegains service by 323 on Saturday May 21, 2022 @07:24PM (#31463154)
You are correct.

But when people say "finance is science" what they usually mean is "here is the complicated math that proves you can't lose money on this, we've modeled everything".

As the joke goes, 6 sigma events happen in finance every week.

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Re:We’re discontinuing the Stablegains service by JumpCrisscross on Saturday May 21, 2022 @07:28PM (#31463194)
> when people say "finance is science" what they usually mean is "here is the complicated math that proves you can't lose money on this, we've modeled everything"

100% agree. When I was an algorithmic derivatives trader, we joked that the math was there to scare up investors and scare off compliance. Little did we know...

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Re:We’re discontinuing the Stablegains service by Ygg2 on Saturday May 21, 2022 @11:45PM (#31464716)
> we've modeled everything

That's a great science joke.

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Re:We’re discontinuing the Stablegains service by bawolff on Sunday May 22, 2022 @02:21AM (#31465395)
This is silly.

This is like saying physics is not science because the nutjobs claiming we will recieve divine revelation by praying to "the quantum energy field" use physics-y terms in their BS.

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