Efficient Atmospheres Hypothesis

September 9, 2011

Mark Buchanan in The Physics of Finance has another great post called “Of hurricanes and economic equilibrium”.

The Efficient Market Hypothesis has been beaten up quite a lot lately, but this is quite a nice pummeling.  How would a meteorologist using the equivalent of the EMH fare in the aftermath of Hurricane Irene?

Subscribe to the Portfolio Probe blog by Email

Leave a Reply

Related posts

  • August 1, 2011

    What do we lose when we use a benchmark? Simple Make everything as simple as possible, but not simpler. -- Albert Einstein Everything should be made as simple as [...]

  • July 11, 2011

    If a particular prediction comes true, how surprised should we be? The prediction The page that sparked my curiosity tells of a prediction made a year ago that the [...]

  • July 7, 2011

    The MoneyScience website has recently had a dramatic change. It now has a social infrastructure, and the resources are better organized.  Here I report on the discoveries I've made [...]