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Ep 128: Steven Pinker’s ”Rationality” Chapter 5 ”Beliefs & Evidence (Bayesian Reasoning” Remarks & Analysis

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The Stock Market Is Inherently Unpredictable

'It's astonishingly lucky guesswork. Lucky guesswork, because the stock markett is inherently unpredictable because people make choices,' he says. 'If you are then, of course, you're going to look back to the past,. It's induction, right? You gang to look back in the pastah, look at how right i was.' He adds: 'I agree with pinker, many of them are risible... even famous ones who keep their job'

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