Startup Needs UNIX Network/Systems Admin
Jonathan Ellis
jonathan at carnageblender.com
Thu Aug 18 07:41:22 MDT 2005
On Thu, 18 Aug 2005 07:28:44 -0600, "Josh Coates" <jcoates at archive.org>
said:
> >who are writting software which automatically buys and sells securities
> >according to an algorithm perfected by simulation. The algorithm has
> >shown consistent returns of 23+% per year in simulation.
>
> trading stocks based on the 11 year sunspot cycle. brilliant.
> i have to say, that i think there is something to it. of course, i also
> think there may actually be some healing properties in xango juice, noni
> juice and snake oil. ;-)
This guy has a whole chapter on why algorithms like this don't work in
practice:
http://www.amazon.com/exec/obidos/tg/detail/-/0393315290/102-9783147-2595354
One of the better financial-ish books I've read.
-Jonathan
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