Is a mathematical model of history and Human Behavoir

To amplify, notice the difference in approach, and even in the vocabulary between books for business owners, and those on the “market.”

Businesses concentrate on supply, demand, capital, depreciation, maintenance, fixed and variable costs, sales, marketing, advertising.

Stock market books, however, show how far away the typical trader is from any of the basic elements of running a business, focussing on terms like: bull and bear markets, cycles, price-to-earning ratio, and dividends.
This is what I mean that stock market programs, like stock traders, are playing against one another’s games, without much, if any concern about the underlying business economics. The stock market programs just need to be good enough to outguess somebody else’s game more than 50% of the time. Quite a different kind of knowledge than, say farming, where if a farmer doesn’t understand the rules of cultivating and his business very well he’ll soon fail. It’s the more fact-based, less “game-oriented” knowledge that the Foundation would need to master.

To amplify, notice the difference in approach, and even in the vocabulary between books for business owners, and those on the “market.”

Businesses concentrate on supply, demand, capital, depreciation, maintenance, fixed and variable costs, sales, marketing, advertising.

Stock market books, however, show how far away the typical trader is from any of the basic elements of running a business, focussing on terms like: bull and bear markets, cycles, price-to-earning ratio, and dividends.
This is what I mean that stock market programs, like stock traders, are playing against one another’s games, without much, if any concern about the underlying business economics. The stock market programs just need to be good enough to outguess somebody else’s game more than 50% of the time. Quite a different kind of knowledge than, say farming, where if a farmer doesn’t understand the rules of cultivating and his business very well he’ll soon fail. It’s the more fact-based, less “game-oriented” knowledge that the Foundation would need to master.