The Money Game |
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Página 147
11 : WHAT THE HELL IS A RANDOM WALK ? C harting is as old as papyrus ; the " random - walk " thesis has ancient origins but , properly worked out , is as new as computers . Charting seeks to find some order in what has happened ...
11 : WHAT THE HELL IS A RANDOM WALK ? C harting is as old as papyrus ; the " random - walk " thesis has ancient origins but , properly worked out , is as new as computers . Charting seeks to find some order in what has happened ...
Página 149
If big guns like Professors Samuelson and Wallich and the Senate Banking Committee are taking the random walk seriously , everybody had better gird up , because if the ran- dom walk is indeed Truth , then all charts and most invest- ...
If big guns like Professors Samuelson and Wallich and the Senate Banking Committee are taking the random walk seriously , everybody had better gird up , because if the ran- dom walk is indeed Truth , then all charts and most invest- ...
Página 155
You do notice one thing about the random - walk world and the chart world : There are no people in them . ... the coefficients are there , the past is there ( or not there , depending on whether you are charting or random walking ) .
You do notice one thing about the random - walk world and the chart world : There are no people in them . ... the coefficients are there , the past is there ( or not there , depending on whether you are charting or random walking ) .
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Contenido
2 Mister Johnsons Reading List | 15 |
3 Can Ink Blots Tell You Whether You Are | 33 |
4 Is the Market Really a Crowd? | 43 |
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