Thursday, February 03, 2005

'Zero intelligence' trading closely mimics stock market

"A model that assumes stock market traders have zero intelligence has been found to mimic the behaviour of the London Stock Exchange very closely."

Yes, I know, this is ever-so-slightly out of context. I couldn't resist it though; it sums up my views of the so-called 'science' of Economics quite nicely. No wonder Astrology is so useful for predicting economics. I should also think chicken entrails, tossing coins, hacking off your feet with a blunt axe, and wearing business suits are all about as useful too.

No wonder I want to sell these people Audiophile-Grade Organic Vibration Differential Cross-Modulators!

0 Comments:

Post a Comment

<< Home