Probability was not just about randomness, but about proportion.
The exponential decay of time proves that all the focus on studying news, prices, psychology, and mathematical order are indirect ways to study time.
Socrates often said his wisdom was limited to the awareness of his own ignorance. He believed the best way for people to live was to focus on self-development rather than the pursuit of material wealth. Socrates seems to have been notorious for asking questions but not answering, claiming to lack wisdom. Perhaps his most important contribution to western thought is his dialectic method of inquiry, known as the Socratic Method, which he largely applied to the examination of key moral concepts such as the good and justice.
The local priest is happy with the crisis. “People are coming back to churches and the faith is increasing”. The nine-year cycles linked with religion and credit witness increase (decrease) in deposits every nine years linked with the decrease (increase) in the number of people going to church. Bloomberg has repeatedly reported the Hedge funds come-to-Jesus partners meeting, a time for unpleasant confessions and admittance that “I screwed up”.
Challenging Einstein might be blasphemy, but there are a host of papers and published scientific features asking the same question. Was Einstein wrong? Even if he was wrong, what’s that got to do with markets and economics? We already talked about self-similarity of research in ‘The Time Fractal’. Physicists and economists have more in common than what is being published or talked about. If the ongoing research proves that the thinker was wrong, it would bring old schools down and erect new institutions. Though this is not a very comfortable truth, there is nothing wrong in challenging an idea. Moreover, how much truth do we know anyway? And don’t new ideas come from old ideas? Is this not what research is about, learning from the past and unearthing the future.
Extending time fractals to explain the transformation of the bell curve into the Pareto principle reconciles the 150 years efficient and inefficient market debate. Robert Brown, a Scottish botanist observed the random Brownian motion nearly 250 years back. Nearly the same time Carl Gauss, also known as the Princeps mathematicorum (prince of mathematicians) created the […]
We are on our way to Greenwich to see the time laboratory, the conventional origin of time. We came for business to London, but the history of the place is too big to restrict the travel to just work. For more than two years, we have to address the issue of alternative research, challenging conventional thought, understanding sentiment and a host of other ideas. We asked many questions. But the only question that really bothers or concerns the human today is the question of time.
I have the privilege of working very close to the city center and since the city is surrounded by hills, as you move away from the center, the altitude keeps rising. This gives me a chance to see a big 600-year-old church surrounded by long pine trees and celebrated by a huge metal statue of an armed king riding a horse, ready for battle. The view, a few 100 meters away, keeps looking at me from the office window. Matei Corvin the Hungarian king defended the country in 1458-1490 from the Ottoman Empire (1299-1923). The Ottoman Empire is viewed as an offshoot of the Mongol Empire.