As an aside, I don't think that trading is a zero-sum game, and researchers working in this field contribute nothing to society. 1) They do serve a role in stabilizing the markets (in certain situations they can create more instabilities but that is relatively rare) and create liquidity for these markets. 2) Ideas and concepts developed in the field of trading can be used in other fields of research. It is one of the most challenging fields where to apply AI for example because most AIs give trivial answers when applied to financial data (basically variations on the price today is equal to the price tomorrow), dealing with the high noise environment of trading is something that AI cannot deal with at the moment. So it is a very good test bed to explore new ideas and given the markets are very unforgiving if your model works in these conditions probably is going to work in an environment with much less noise. Giovanni
On Wed, Oct 19, 2022 at 2:33 AM Ghost of Pierre de Fermat < [email protected]> wrote: > Giovanni, > > you are taking it too personal. It's so easy to expose him. Just bet > against him. And there is alot of money in this game of exposing him. Alan > Grimes is full of fear, money and is in desperate needs to hedge. Once you > can prove that Stefan will never amount to anything in the long run due to > his insane overfitting and you show that you are the authoritative person > here, you have an investor. > > I already make a bet that your models will beat Stefan's every and > anytime. There's no way a guppy can survive a shark tank. Plus he's already > acting against his religious believes. Jesus and the Money Changers (John > 2:13-16). Switching teams is not so easy, once you are fully invested. > > So don't take it personally, beat him on the professional level. If he > calls you names, he already shows you how weak and insecure he is. Good > sharks already smell the blood. After all, the quant world is a shark tank, > isn't it? No benefit for society, purely ego driven. But relevant for the > AGI community, because the good quant models replicate human psychology and > exploit it (greed and fear). > *Artificial General Intelligence List <https://agi.topicbox.com/latest>* > / AGI / see discussions <https://agi.topicbox.com/groups/agi> + > participants <https://agi.topicbox.com/groups/agi/members> + > delivery options <https://agi.topicbox.com/groups/agi/subscription> > Permalink > <https://agi.topicbox.com/groups/agi/T672eb792fb0f9793-M0d97bf0a47d58518472de9c1> > ------------------------------------------ Artificial General Intelligence List: AGI Permalink: https://agi.topicbox.com/groups/agi/T672eb792fb0f9793-M9c4d86eb4eb61580464a77b3 Delivery options: https://agi.topicbox.com/groups/agi/subscription
