Showing posts with label system. Show all posts
Showing posts with label system. Show all posts

Wednesday, July 17, 2013

What Is Game Theory?

While I'm still a bit new to the concept of Game Theory, the following is my understanding of Game Theory, in the context of economics. Hopefully this will help newcomers to the subject develop a better understanding of it ;)

Some background: I have been tracking the stock market for several years, but never had the capital to invest in it. If I did, I would have been able to retire from Google stock by now
because every prediction I made about the price of Google stock for the past 5 years has been correct
I have in the past 5 years set 7 price targets for them, and every single price target, they have reached when I said they would. I am extremely good at analysis and stock prediction, evaluating financial variables. if I wanted, I could easily become a stock analyst.
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Contrary to appearances, The discipline of stock analysis is not actually economic fortune telling, though many of the less prodigious economist may well be employing a high degree of fortune telling to compensate for their intellectual deficiencies. But when done correctly, the analysis of stocks, and of the economy generally, involves statistical evaluations based on information tracking. While perhaps to the average person this amounts to an educated guess,those more intimately  familiar with the variables involved are able to consistently make accurate predictions.

Part of why I personally don't have the money to invest into companies that I have accurately determined to be good investments, is because I have no interest in money. I only care about the analysis and valuation of entities, and making reliable predictions based on my analysis. For example, I know for a fact that Bitcoin will go up a lot in price. because even under the most pessimistic of economic projections, it will be profitable to mine, and at the current price, even to invest in.

This is exactly how game theory works. It's called game theory because every game has rules and variables that determine the outcome, and that model can be applied to every science and discipline that relies on knowledge of the rules, protocols, and variables of a system to succeed. Economies can only function if there is a consistency of protocols and rules of trade, reliable patterns for the prices of commodities and currencies, and variables that can be consistently tracked and predicted to a relatively high degree of precision. Those who can effectively utilize game theory to accurately determine lucrative economic investments, they are the gurus of the economic world.

Monday, February 20, 2012

Lessons to Learn from the Jewish Holocaust

I think that death of any kind is a tragedy, but I think the preoccupation with any ethnic group is completely missing the point. The real lessons we should be learning from the Jewish Holocaust should be the real issues that affect us all as humans: 


* The Danger of Fascism and its Destruction of Civil Liberties
* The Consequences of Ethnic Pride
* The Terrible Reality of War
* The Manipulative Power of the Mass Media Organizations
* The Corruption of the Banking System as a Contributor to War
* The Vulnerabilities of the Collectivist Mindset
* The Importance of a Balanced Political Knowledge and Awareness
* The Detrimental Effects of Self-Righteous Foreign Policies


These are lessons that we should have learned, but due to the scapegoating of the Germans and the Nazi regime, and the plethora of sympathy for the Jews, the vast majority of the world has learned virtually nothing from this great tragedy! Stop sympathizing with the Jews who clearly have not learned from the holocaust, and start honoring the dead by learning from our mistakes of the past!