A Quote by George Soros
Taking this view, it is possible to see financial markets as a laboratory for testing hypotheses, albeit not strictly scientific ones. The truth is, successful investing is a kind of alchemy.
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When the scientific method came into being, it gave us a new window on the truth; namely, a method by laboratory-controlled experiments to winnow true hypotheses from false ones.
Evidence-based reasoning underpins all scientific thinking, and it involves testing hypotheses or theories against data. Validating a theory requires replicable measurements from independent groups with different equipment and methods of analysis. Convergence of evidence is critical to the acceptance of a scientific idea.
The role of science is to be systematic, to be accurate, to be orderly, but it certainly is not to imply that the aggregated, successful hypotheses of the past have the kind of truth that goes into a number system.
Beware of the problem of testing too many hypotheses; the more you torture the data, the more likely they are to confess, but confessions obtained under duress may not be admissible in the court of scientific opinion.
The slow, the never ending approach to truth consists in perpetually forming and testing hypotheses, accepting those at which at the time seem to fit the facts and rejecting the others.
Ultimately savings have to go somewhere and I think they will find their home in financial markets and within financial markets, a large part in equity.
The Lean Startup is a process for turning ideas into commercial ventures. Its premise is that startups begin with a series of untested hypotheses. They succeed by getting out of the building, testing those hypotheses and learning by iterating and refining minimal viable products in front of potential customers.
Impact investing has become a broad umbrella that includes all investing with a focus on both financial return and social impact, but in its best form, impact investing prioritizes impact over returns and achieves outcomes that traditional investing cannot.
If anyone offers conjectures about the truth of things from the mere possibility of hypotheses, I do not see by what stipulation anything certain can be determined in any science, since one or another set of hypotheses may always be devised which will appear to supply new difficulties.
One of the greatest accomplishments of Western civilization is the development of the scientific method and the scientific disposition, which entail the development of falsifiable hypotheses about the world and the unwillingness to take unverified and untheorized claims about the world as truth, simply because someone states that they are true.
I favour passive investing for most investors, because markets are amazingly successful devices for incorporating information into stock prices.
Selling drug secrets violates a trust that is fundamental to the integrity of both scientific research and our financial markets.
One does not have to be a philosopher to be a successful artist, but he does have to be an artist to be a successful philosopher. His nature is to view the world in an unpredictable albeit useful light.
Of course. I favor passive investing for most investors, because markets are amazingly successful devices for incorporating information into stock prices.
In Germany it is good if as many people as possible join initiatives and peaceful demonstrations against the rule of the financial markets. Worshipping the unfettered freedom of global markets has brought the world to the brink of ruin. We now need social and ecological rules for the market economy.
Tall oaks grow from little acorns.Testing. This is the text of an item. Testing. Origin. Testing. Quoted. Testing. Source. The diligent farmer plants trees, of which he himself will never see the fruit.
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