Jul 6, 2024
One of the biggest false narratives. Jim Simons, and many others have made billions doing exactly that … predicting your supposed “randomness”. In fact, your randomness theory can be disproven by a simple fact: the S&P 500 has historically increased year over year on average. This, by definition, means it is NOT random! A random performance would average out to $0 esp after a period of 100+ years