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Re: Market anomaly

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NNTP-Posting-Date: Mon, 12 Feb 2024 17:18:50 +0000
From: jl...@997PotHill.com (John Larkin)
Newsgroups: sci.electronics.design
Subject: Re: Market anomaly
Date: Mon, 12 Feb 2024 09:17:29 -0800
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by: John Larkin - Mon, 12 Feb 2024 17:17 UTC

On Mon, 12 Feb 2024 08:42:57 -0800 (PST), Fred Bloggs
<bloggs.fredbloggs.fred@gmail.com> wrote:

>'A market anomaly in a financial market is predictability that seems to be inconsistent with (typically risk-based) theories of asset prices.'
>
>People have made billions exploiting this phenomenon. AI will end that kind of opportunity in the near future.
>
>https://en.wikipedia.org/wiki/Market_anomaly

"Academics have not reached a consensus" is hilarious. It should be
obvious to those academics that none of their theories about markets,
anything past Econ 101, can't work. Well, none will admit it.

AI can't pick winners either.

"If you're an economist, how come you're not rich?"

10.0 times 0.1 is hardly ever 1.0.

tech / sci.electronics.design / Re: Market anomaly