[OpenFX] Re: Explaining Mass "Cluelessness"

Sunday, March 6, 2011

 

Hi, Clay


I find it equally amusing when thugs invoke pseudo-science (ie stochastic-induced reverence for the Central Limit Theorem) to delude the masses into believing that markets are efficient and price movements are random.  

These miscreants willfully ignore the nonlinear nature of financial markets so that they can build bogus altars like VAR etc. 

But because they're a protected species -- banksters -- and have been legitimized by corrupt Nobel  enablers-- they continue to get away with murder.  

Plus ca change ... 

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