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Trend following: the only valid answer to the problem of uncertainty
The most fundamental determining fact in connection with organization is the meeting of uncertainty. The responsible decisions in organized economic life are price decisions; others can be reduced to routine Frank Knight, "Risk, Uncertainty and Profit" Over the years I’d written many articles suggesting that price forecasting based on market fundamentals is a waste of…
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Trend following: the only valid answer to the problem of uncertainty
The most fundamental determining fact in connection with organization is the meeting of uncertainty. The responsible decisions in organized economic life are price decisions; others can be reduced to routine Frank Knight, "Risk, Uncertainty and Profit" Over the years I’d written many articles suggesting that price forecasting based on market fundamentals is a waste of…
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https://isystem-tf.com/2020/05/26/trend-following-is-the-only-valid-answer-to-the-problem-of-uncertaintyTrend following: the only valid answer to the problem of uncertainty
The most fundamental determining fact in connection with organization is the meeting of uncertainty. The responsible decisions in organized economic life are price decisions; others can be reduced to routine Frank Knight, "Risk, Uncertainty and Profit" Over the years I’d written many articles suggesting that price forecasting based on market fundamentals is a waste of…
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