Search Results: overdetermined

They ALL Came in Through the Bathroom Window

By Rusty Guinn | October 23, 2018 | 5 Comments
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…not only subject ourselves to the judgments of the author. We also subject ourselves to the fact that most realities are heavily overdetermined. That’s a $10 word for the kind…

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The Myth of Market In-Itself: Things That Matter #3, Pt. 1

By Rusty Guinn | September 28, 2017 | 0 Comments
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…movement are noisy and overdetermined, meaning that there are more factors driving that noise than there is noise. They are also nearly impossible to generalize, other than to say that…

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Mailbag: Deadly. Holy. Rough. Immediate.

By Rusty Guinn | October 8, 2018 | 0 Comments
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…price demanded for it is perhaps not-so-smooth. Low-vol phenomenon, anyone? A half dozen other premia? But prices for financial assets are also hilariously overdetermined. That means that if we line…

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Figaro

By Rusty Guinn | October 23, 2018 | 5 Comments
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…stock is up about 5.6%. As always, these things are overdetermined, but it’s hard to think that responses to chirps from management about a ‘near-profitable’ quarter and record production and…

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The Road to Tannu Tuva, Pt. 2

By Rusty Guinn | January 29, 2019 | 0 Comments
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…event that is a function of human behavior is nearly always inductively overdetermined and deductively underdetermined. What I mean by that is that investors, journalists, policy wonks and other social…

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In the Flow – Adventures in Valuation Land

By Ben Hunt | April 22, 2019 | 0 Comments
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…macroeconomics, corporate profit margin expansion is overdetermined. I think that Bridgewater is right to point to globalization and labor arbitrage as important drivers of margin expansion … drivers that I…

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Thanksgiving

By Rusty Guinn | February 19, 2020 | Comments Off on Thanksgiving
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…We all build narratives of identity. This was John’s, an identity that I think he would go to any ends to defend.   Death is usually a sort of overdetermined

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We the People? We the Pack.

By Ben Hunt | July 14, 2020 | 21 Comments
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…America as a nation. As with any big event, it’s terribly overdetermined, which is a ten-dollar word that means shit happens. My personal view is that Trump is much more…

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Adventures in Hollow Market – SoftBank

By Ben Hunt | September 7, 2020 | 2 Comments
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…(ET from October, 2015) So I want to be careful in what I’m saying … First, everything that happens in markets is overdetermined – which is a ten-dollar word that…

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The Game of Tesla

By Ben Hunt | September 3, 2020 | 4 Comments
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…a “fundamental” and in this case were the main factor in the “split-related” runups more than any retail investor stupidity. Nick In this (overdetermined) situation, I agree that the “market…

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