feanor1600 comments on (Virtual) Employment Open Thread - Less Wrong
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This is an interesting observation, but probably not that surprising: if you had a superior poker bot that was consistently profitable, why on earth would you publish it?
Generalizing, if someone working at a bank or hedge fund developed a superior theory of economics, and that theory could be used to make money through trading, why would they tell anyone else about it? Once the knowledge became public, it would no longer be profitable.
This is the evil corollary of the Efficient Markets Hypothesis (that all publicly available information is instantly incorporated into market prices).