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Value After Hours S04 E03: Greenwald on Buffett's Moats, Defying Base Rates, The Lyapunov Window

The Acquirers Podcast

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How Long Will a Chaotic Electric Circuit Last?

A chaotic electric circuit has the predict, like, its lippin off window. This is about how far out you can predict before the chaos accumulates in a way that it's impossible to make accurate predictions. So we have two options: lower our standards of how much error we're willing to tolerate or improve our initial measurements and be able to look longer into the future. But what's difficult about this is that it's non linear. If you want three x further out, it's not three x or six x, it's a hundred x. And if you want four x, it’s a thousand x that you need in initial rement improvement. It's this non

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