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fchollet's profile
François Chollet
François Chollet
François Chollet
Verified account
@fchollet

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François CholletVerified account

@fchollet

Deep learning @google. Creator of Keras. Author of 'Deep Learning with Python'. Opinions are my own.

United States
fchollet.com
Joined August 2009

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    1. François Chollet‏Verified account @fchollet 7 Apr 2020

      François Chollet Retweeted Cullen Roche

      (It doesn't, the stock market is extremely short-termist and tends to react to big changes long after they've already become obvious. In this case the market is likely reacting to recent "good" news about COVID-19 growth, and will be late in reacting to the upcoming recession.)https://twitter.com/cullenroche/status/1247387742599708673 …

      François Chollet added,

      Cullen Roche @cullenroche
      The stock market is a second level thinking mechanism. While most of us see the world for what it is the stock market is always trying to see the world for what it might become. https://twitter.com/B52Malmet/status/1247253900966662145 …
      10 replies 11 retweets 116 likes
      Show this thread
    2. Mark Conway‏ @_MarkConway_ 7 Apr 2020
      Replying to @fchollet

      Is the market predictable because it’s late to react to obvious big changes?

      1 reply 0 retweets 0 likes
      François Chollet‏Verified account @fchollet 7 Apr 2020
      Replying to @_MarkConway_

      Only in v rare cases (when you know a predictable event is so big that the market will have to eventually react to it -- but even then you don't know when). Since the market is irrational, it's nearly impossible to predict *when* or *how much* it will react to predictable events.

      3:47 PM - 7 Apr 2020
      • 3 Likes
      • Camuel Gilyadov Daniel Morgan Bertil Hatt
      0 replies 0 retweets 3 likes

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