2010/06/30
physicist trashtalking on economists
“The physicist-run Prediction Company is an example of a company that has apparently extracted unusual profits from the market for over a decade. In contrast, economist-run companies like LTCM and Enron have gone belly-up. Being a physicist certainly doesn’t guarantee success … but if you are going to look for correlations in (market or any other) data then being a physicist might help.”
Joseph L. McCauley, writing in
Dynamics of markets: econophysics and finance
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