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…

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

By Rusty Guinn | September 28, 2017 | 0 Comments
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…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 they…

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…

Figaro

By Rusty Guinn | October 23, 2018 | 5 Comments
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…today, TSLA 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…

The Road to Tannu Tuva, Pt. 2

By Rusty Guinn | January 29, 2019 | 0 Comments
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…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 scientists…

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…

Thanksgiving

By Rusty Guinn | February 19, 2020 | Comments Off on Thanksgiving
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…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 thing,…

We the People? We the Pack.

By Ben Hunt | July 14, 2020 | 21 Comments
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…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 than a…

Adventures in Hollow Market – SoftBank

By Ben Hunt | September 7, 2020 | 2 Comments
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…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 means…

Wage Inflation Isn’t Coming. It’s Already Here.

By Ben Hunt | May 12, 2021 | 37 Comments
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…running at 7% year-over-year? Not really. I dunno. I really don’t. I’m not here to predict. I mean, these things are always overdetermined, and if you want to tell me…

The Unbearable Over-Determination of Oil

By Ben Hunt | November 24, 2014 | 0 Comments
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…causes and some percentage of fundamental-driven causes. These market outcomes are always over-determined, which is a $10 word that means if you added up all of the likely causes and…

Enemies Real and Imagined

By Rusty Guinn | July 21, 2021 | 11 Comments
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Today I want to share three things I think I know based on what Radiant, our platform for analyzing the prevalence of various narratives in markets, has…

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…