On a sunny day (Mon, 12 Feb 2024 09:17:29 -0800) it happened John Larkin
<jl@997PotHill.com> wrote in <uckksih4cjka9o03nruo6ndolf782592ui@4ax.com>:

>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?"

I have read George Soros book 'The Alchemy of finance',
Politics.

That was after I did a training in financial markets and option trade here
and wondered why the teachers were not very rich.
https://www.amazon.com/Alchemy-Finance-George-Soros/dp/0471445495
Long ago (year 1998 or so):
https://panteltje.nl/panteltje/financial/index.html
later got an email from some students if they could use my code as starting point..
OK,
well after that 'puters took control...
I am sure you can AI make predictions after training it on past events,
basically what I do.
But read Soros's book.

On Tue, 13 Feb 2024 05:59:18 -0800 (PST), Fred Bloggs
<bloggs.fredbloggs.fred@gmail.com> wrote:

>On Tuesday, February 13, 2024 at 1:38:50?AM UTC-5, Jan Panteltje wrote:
>> On a sunny day (Mon, 12 Feb 2024 09:17:29 -0800) it happened John Larkin
>> <j...@997PotHill.com> wrote in <uckksih4cjka9o03n...@4ax.com>:
>>
>> >On Mon, 12 Feb 2024 08:42:57 -0800 (PST), Fred Bloggs
>> ><bloggs.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?"
>>
>> I have read George Soros book 'The Alchemy of finance',
>> Politics.
>>
>> That was after I did a training in financial markets and option trade here
>> and wondered why the teachers were not very rich.
>> https://www.amazon.com/Alchemy-Finance-George-Soros/dp/0471445495
>> Long ago (year 1998 or so):
>> https://panteltje.nl/panteltje/financial/index.html
>> later got an email from some students if they could use my code as starting point..
>> OK,
>> well after that 'puters took control...
>> I am sure you can AI make predictions after training it on past events,
>> basically what I do.
>> But read Soros's book.
>
>You posted this in the wrong thread. How did you manage that?

He posted a followup to my post, in another thread.

Usenet occasionally tangles threads.

Don't be automatically obnoxious.

On 15/02/2024 8:29 am, john larkin wrote:
> On Tue, 13 Feb 2024 05:59:18 -0800 (PST), Fred Bloggs
> <bloggs.fredbloggs.fred@gmail.com> wrote:
>
>> On Tuesday, February 13, 2024 at 1:38:50?AM UTC-5, Jan Panteltje wrote:
>>> On a sunny day (Mon, 12 Feb 2024 09:17:29 -0800) it happened John Larkin
>>> <j...@997PotHill.com> wrote in <uckksih4cjka9o03n...@4ax.com>:
>>>
>>>> On Mon, 12 Feb 2024 08:42:57 -0800 (PST), Fred Bloggs
>>>> <bloggs.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.

It is obvious to John Larkin - as obvious as the non-existent defects in
the science behind global warming - which both reflect his unfortunately
susceptibility to self-interested right-wing propaganda.

>>>> AI can't pick winners either.
>>>>
>>>> "If you're an economist, how come you're not rich?"
>>>
>>> I have read George Soros book 'The Alchemy of finance',
>>> Politics.
>>>
>>> That was after I did a training in financial markets and option trade here
>>> and wondered why the teachers were not very rich.
>>> https://www.amazon.com/Alchemy-Finance-George-Soros/dp/0471445495
>>> Long ago (year 1998 or so):
>>> https://panteltje.nl/panteltje/financial/index.html
>>> later got an email from some students if they could use my code as starting point..
>>> OK,
>>> well after that 'puters took control...
>>> I am sure you can AI make predictions after training it on past events,
>>> basically what I do.
>>> But read Soros's book.
>>
>> You posted this in the wrong thread. How did you manage that?
>
> He posted a followup to my post, in another thread.
>
> Usenet occasionally tangles threads.
>
> Don't be automatically obnoxious.

Leave that to John Larkin - it is his specialist subject.

--
Bill Sloman, Sydney