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  1. halcy​:icosahedron: (halcy@icosahedron.website)'s status on Thursday, 13-Dec-2018 00:21:15 JST halcy​:icosahedron: halcy​:icosahedron:

    * so far, on average and over long time periods, the world economy has generally grown
    * however, literally nobody actually has any idea about the stock market. like, literally nobody. every analyst that exists is full of shit.
    * double if it's weird stuff like crypto or whatever
    * the performance of any single stock is basically a random walk
    * financial media reporting is essentially tea leaf reading and post-hoc justification
    * lol

    In conversation Thursday, 13-Dec-2018 00:21:15 JST from icosahedron.website permalink
    • halcy​:icosahedron: (halcy@icosahedron.website)'s status on Thursday, 13-Dec-2018 00:23:37 JST halcy​:icosahedron: halcy​:icosahedron:
      in reply to

      oh, also: https://www.amazon.com/Random-Walk-Down-Street-ebook/dp/B004KKXMZQ/ref=sr_1_fed0_1?ie=UTF8&qid=1355517682&sr=8-1&keywords=a+random+walk+down+wall+st we have basically known all of this for multiple decades

      In conversation Thursday, 13-Dec-2018 00:23:37 JST permalink

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senooken JP Social is a social network, courtesy of senooken. It runs on GNU social, version 2.0.2-beta0, available under the GNU Affero General Public License.

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