- a casino is a random game
- stock market is a game of incomplete informatoin
The one cant related to the other by whatever equation.
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The statistics of games are understandable, defined and easy to work with.
The statistics of markets, as Soros spent his career investigating, are filled with feedback loops, and as Taleb investigated, fat tails.
- a casino is a random game
- stock market is a game of incomplete informatoin
The one cant related to the other by whatever equation.