Agreed, thanks for linking.
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A thousand times, THIS. Whenever someone else gets to turn your non-ergodic bet into their ergo doc bet, you are being had. See: investors and diversification. Venture capitalists vs founders/employees.
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ergodicity reminds me a bit of hysteresis. I know they're different but I wonder if there's an underlying similarity... I guess in both cases past events are important
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Guys, please read some actual econ theory and not this grift for normies
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Must-read Article for thread-lovershttps://limitlesscuriosity.com/essays/an-introduction-to-ergodicity …
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holy fucking shit
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@Lizquidity curious to see how this impacts your view of econ
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Agree You can play with the concept in a simulation I made a while ago: https://github.com/paraschopra/ergodicity-experiments/blob/master/Time_vs_ensemble_properties.ipynb … Cc:
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