Originally posted by darkhorse
i didn't think about it at all beforehand. i knew and understood relative volatility levels, sure. but did i connect that with the quantum concept? not directly...hindsight is 20/20 and history seems simple because the connections are right there in front of our noses. but you have to put the connections together to get anything new. if i recall correctly Socrates' entire conception of knowledge was based on this idea, that all he did was help people establish connections between unconnected truths they already had. like a guy walking around saying 'hey, put that peanut butter together with that jelly, you'll get something new and interesting.'
anyway one man's goofy ideas are another man's potential gold mine, maybe people thought Bill Gross was a doofus when he started talking about messing around with coupon clipper bonds, the vision to act on obvious ideas makes the world go round
ignorance hedge, hmm...you mean the idea that diversification is a hedge against ignorance? thats the best i can recall
how would Newton do as a trader, let's see, i think he would trade mortgage backed securities and make mid six figures but wouldn't respond well to the ibank environment. his tendency to be overly pensive would cause him to miss good trades every once in a while. instead of smashing phones he would throw apples at people. He would like Kswiss over Nike or Adidas and Diana Ross over Carly Simon. oh yeah and he would have this bad habit of winking at you and flashing the ok sign when he farts.
No actually I think you referred to stops as an ignorance hedge, but I really cannot remember...
Everytime I think of Newton being a trader I envision him slamming his head against the computer and screaming in distress "what the fuck, I had all the variables before hand, and the lil shit still went up, this market must be propped up by the PPT and there would have been no way to know that before hand so it wasn't my fault!"... I think if he were a trader he would have either found "the holy grail" or died miserable and dirt poor

PEACE
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