How Physics Explains Why Perfect Market Prediction Is Impossible
Markets and weather share a fascinating secret: both are perfectly deterministic yet fundamentally unpredictable. In 1980, Nobel laureate Joseph Stiglitz along with Sanford Grossman discovered a profound paradox: if markets were perfectly predictable, they would cease to function entirely. Why? The answer lies in the deep physics of complex systems.
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2 周Interesting perspective, Samir! How do you think this unpredictability impacts long-term strategy development for traders and investors? Would love to hear your thoughts on navigating these "market weather" patterns.
Senior Vice President - Wealth Management Advisor
2 个月Great article - Varma's Uncertainty Principle of markets?