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4 letters: L-T-C-M. How far do you have to go down the Forbes list before
you hit someone who made most of their money trading?
Kent
-----Original Message-----
From: CRLeBeau@xxxxxxx <CRLeBeau@xxxxxxx>
To: marlowec@xxxxxxx <marlowec@xxxxxxx>; newdomo@xxxxxxxxxxxx
<newdomo@xxxxxxxxxxxx>
Cc: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
Date: Wednesday, February 02, 2000 3:05 PM
Subject: Re: Rocket Science
In a message dated 2/1/00 9:52:54 PM Pacific Standard Time, marlowec@xxxxxxx
writes:
<< This is a heads up for "Rocket Science" addicts. Next Tuesday, Feb 8,
the
PBS program Nova is broadcasting a program "Trillion Dollar Bet, What if
Math can beat the market?" I believe the program will touch on chaos
theory, neural networks, fuzzy logic, etc. as applied to the markets. All
you simple moving average simpletons (pun intended) better run for cover.
Consult http://www.pbs.org/ for more details.
>>
I'll bet the conclusion is that most of those approaches can NOT beat the
market. The moving average folks have nothing to fear from the rocket
scientists.
Speaking of rockets - What ever became of that last one that went to Mars?
Ooops! Must have been using Chaos theory or was it neural nets.
Thanks for bringing this program to our attention. Should be fun.
Chuck
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