Out of Equilibrium The Santa Fe Revolution That’s Reshaping Finance Watch the Episode SERIES OVERVIEW Why do trends exist? For a trend follower, this is the fundamental question. For decades, much of mainstream financial theory struggled to explain why persistent...
Every financial crisis produces the same confession. Risk models failed. The event was unprecedented. Nobody could have predicted it. But what if the problem was never prediction? What if the problem was the model itself? Modern finance is built on...
“Cities are not machines we build, but organisms we grow.”– Paraphrased from Geoffrey West, Scale (2017) The Acceleration Paradox Geoffrey West’s Scale showed that growth in all systems follows the same physical logic.Whether we are looking at organisms, cities, or...
