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Episode 10 - CFM chairman Jean-Philippe Bouchaud on the science behind systematic

Alternative Fund Insight

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Is There a Need for Different Underlying Assumptions and Different Outcomes?

I think it would already be extremely good in a complex system situation to be able to list the possible outcomes, not even with probabilities attached to that to these outcomes. And I think this kind of tree of possibilities and having a tool to generate scenarios is a fantastic way to spur your imagination and challenge the view of the world. So coming back to inflation, it turns out that we have a toy model, a toy agent-based model that we don't claim to be final, nor very trustworthy,. But at least within this proof of concept model, we clearly saw in June 2020 that inflation was a possibility after COVID. It's also a tool that allows you to enter a kind of dialogue

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