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Clarity comments on Open thread, Jan. 18 - Jan. 24, 2016 - Less Wrong
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How interesting! I've seen work on game theoretic optimal poker playing. I can only imagine how sophisticated the market versions would be. Looking forward to seeing a wikipedia page on the topic one day :)
Poker is a game with known rules. In investing the rules are not known in the same way. Nassim Taleb calls equating the two the ludic fallacy.
Who?
Nassim Nicholas Taleb, author of the somewhat well-known book "The Black Swan". Former (successful) trader and (not so successful) hedge fund manager.
Interesting!