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Comment: Re:Bullshit (Score 0, Troll) 446

by mieses (#32549994) Attached to: Quant AI Picks Stocks Better Than Humans

You are misinformed. Regulation and its subsequent abuses lead give a false sense of security and entitlement, which then makes the misfortunes worse. It is a fantasy to try to make markets into safe, fair, and predictable money-printing machines where no one is harmed, or where everyone is harmed equally. You can regulate endlessly until you finally kill the market you are observing and gradually make all of the participants lives miserable. The real market will move elsewhere. Read some history.

Fools ignore complexity. Pragmatists suffer it. Some can avoid it. Geniuses remove it. -- Perlis's Programming Proverb #58, SIGPLAN Notices, Sept. 1982

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