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Paul Samuelson's Flavors of Randomness (2004)
“The baseball announcer has it, of course, conveniently all wrong. Ted Williams is due to hit because he hasn’t hit for seven days. That’s red noise…
Feb 27, 2022
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Jørgen Veisdal
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Paul Samuelson's Flavors of Randomness (2004)
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Louis Bachelier's Theory of Speculation (1900)
If asset prices in the short term show an identifiable pattern, won’t speculators find this pattern and exploit it, thereby eliminating it?
Oct 15, 2021
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Jørgen Veisdal
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Louis Bachelier's Theory of Speculation (1900)
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