[...] to extend your analogy, a speculator would be someone betting on the outcome of the Supreme Court decision, because the last 3 decision have gone a certain way, without any interest in the case. Again, I believe this the point Shiller's trying to make but he picked some technical examples as a hyperbole to make the point immediately apparent

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Researcher | Investor | Data Scientist | Curious Observer. Thoughts and insights from the confluence of investing and machine learning.

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Mikhail Mew

Mikhail Mew

Researcher | Investor | Data Scientist | Curious Observer. Thoughts and insights from the confluence of investing and machine learning.