Fooled by Randomness - Nassim Taleb

This quote a été ajouté par nkjdhf
If rational traders detect a pattern of stocks rising on Mondays, then, immediately such a pattern becomes detectable, it would be ironed out by people buying on Friday in anticipation of such an effect. There is no point searching for patterns that are available to everyone with a brokerage account; once detected, they would be self-canceling.

S'exercer sur cette citation


Noter cette citation :
3.5 out of 5 based on 15 ratings.

Modifier Le Texte

Modifier le titre

(Changes are manually reviewed)

ou juste laisser un commentaire


bvw 1 année, 5 mois avant
I agree, this is muddle heading modeling by Talib. There are patterns, they are like waves and change.

I hate day trading and long for the days of stock certificates: they were real values, owned. Not like today where we investors don't own anything, the Clearing House company owns the many trillions of nominal value stock shares in trade accounts. In any case, time delays in transfers would make the markets less foolish, and better evaluations of "intrinsic" value.

There are different forms of traders, they operate on different timings. There is no instant counter-reaction to the emotions of a string of Mondays, any ironing out takes weeks.
kumagai 3 années, 2 mois avant
Not really. Everyone is looking for different setups. And markets also move fractally across timeframes, so the setups are endless. You just have to know your edge.

Tester vos compétences en dactylographie, faites le Test de dactylographie.

Score (MPM) distribution pour cette citation. Plus.

Meilleurs scores pour typing test

Nom MPM Précision
user871724 151.80 89.9%
user491757 134.98 98.3%
venerated 131.23 98.9%
alliekarakosta 130.52 98.0%
feuv 122.37 96.9%
mrlazav 122.35 95.8%
2001or2 122.24 90.8%
strikeemblem 121.00 99.4%
hackertyper492 120.66 91.8%
rivendellis 116.86 98.0%

Récemment pour

Nom MPM Précision
procrastinating 115.18 98.3%
rakx 46.22 94.8%
jules831 78.96 96.4%
user471120 96.41 93.8%
user646963 57.46 92.5%
user349339 54.61 91.1%
user87516 87.37 97.2%
arun0609 38.40 87.9%