Of course. Everything is a stochastic process and the markov property holds true in all instances, your brain is useless. Markets have it all figured out.
My post was in terms of relative valuation compared to AMD and NVDA but I didn't feel like spelling it out. I mean can one really be an order of magnitude certain of profits vs AMD and NVDA either?
I would think this number can be highly massaged anyway.
I hate twitter but have an account I barely ever log into and have never tweeted anything. If you want bots to be lower then count me in the sample. If you want bots to be higher don't count me since I am not really active.
If you want bots to be lower then take the sample at 4am EST on a Tuesday of US users.
If you want bots to be higher take the sample right after a major news story breaks.
Instead of 5% you could say 10 million active bots a month to make the number sound higher too.
I just really wonder though if we have not taken the idea of the brain as computer too literally and this clouds our thinking on everything at this point.
Think about how much different the concept of IQ is if we don't have computers. With computers we just think of IQ as a type of clock speed of the brain. To get "smarter" people then we just need to do some kind of overclocking.
It seems likely to me we are confusing a model for reality. Even worse that in confusing that particular brain/computer model for reality we tend to confuse all models of reality for reality. Simulation theory on down.
I think it is like brand name vs off brand. I just bought off brand oatmeal that was $1.98 vs the brand name was $3.50.
Someone buying the brand name is just operating on an unthinking heuristic that they only buy "the best". I am sure they would justify it after the fact that the brand name taste better even though it is just oatmeal.
So many decision points in society run on that heuristic IMO.
It is unfortunate we have lost the concept of a "learned" person.
I notice this reading about Voltaire and how often he is referred to as a
"learned" person.
Instead it seems like we just so accept the brain is literally a type of computer that we just haven't figured out the architecture for yet. The storage part is completely trivial like a hard drive so the idea of a "learned" person is equally trivial.
It is cool to see they are rare.
I was going to say, you can buy coins from ancient Rome for shockingly cheap prices on ebay if they are not in good condition.
I had denarius handed down to me that is worth about 10 bucks.