…there were some really wild statements about predictive powers that are obviously not coming true.
When reading your post, I thought of Kari Stefansson, founder of DeCode Genetics. Had Stefansson’s hypothesis about the common diseases of man been well founded, DeCode probably wouldn’t have gone bankrupt after burning through hundreds of millions of dollars.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”