“Survival is not proof of superiority. It is evidence of fit.” There is a familiar story traders like to tell themselves. The best ideas win. Superior insight survives. Over time, skill rises to the top. Markets, in this story,...
“Form is not built. Form is what remains.” This essay is the third in a series. The first two explored seemingly unrelated puzzles. This one names what unifies them. In The Shape of What Remains, we examined the cosmic fine-tuning...
A companion essay to The Shape of What Remains “What remains was not designed to endure.It endured because it could.” In my previous essay, I argued that the universe appears fine-tuned not because it was designed but because incoherent configurations...
“What endures is not what was chosen, but what could not be erased.” Everything that persists looks precise. Ecosystems appear balanced. Markets hover near equilibrium. Organisms fit their environments as if measured for them. Observing this, we assume precision must...