{"id":274,"date":"2010-06-30T08:06:23","date_gmt":"2010-06-30T13:06:23","guid":{"rendered":"http:\/\/scripts.mit.edu\/~zong\/wpress\/?p=274"},"modified":"2010-06-30T08:07:22","modified_gmt":"2010-06-30T13:07:22","slug":"physicist-trashtalking-on-economists","status":"publish","type":"post","link":"https:\/\/blog.yhuang.org\/?p=274","title":{"rendered":"physicist trashtalking on economists"},"content":{"rendered":"<blockquote><p>&#8220;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&#8217;t guarantee success &#8230; but if you are going to look for correlations in (market or any other) data then being a physicist might help.&#8221;<\/p>\n<p>Joseph L. McCauley, writing in<br \/>\nDynamics of markets: econophysics and finance<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;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&#8217;t guarantee success &#8230; but if you are going to look for correlations in (market or any [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[355,357,351,353,350,352,356,354,199],"class_list":["post-274","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-contrast","tag-decade","tag-econophysics","tag-guarantee-success","tag-joseph-l-mccauley","tag-ltcm","tag-market","tag-physicist","tag-prediction"],"_links":{"self":[{"href":"https:\/\/blog.yhuang.org\/index.php?rest_route=\/wp\/v2\/posts\/274","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.yhuang.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.yhuang.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.yhuang.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.yhuang.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=274"}],"version-history":[{"count":0,"href":"https:\/\/blog.yhuang.org\/index.php?rest_route=\/wp\/v2\/posts\/274\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.yhuang.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=274"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.yhuang.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=274"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.yhuang.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}