Re: Time telephone
- From: "Greg D. Moore \(Strider\)" <mooregr_deleteth1s@xxxxxxxxxxx>
- Date: Sun, 18 Mar 2007 23:17:18 GMT
"Williamknowsbest" <William.Mook@xxxxxxxxx> wrote in message
news:1174254670.260838.75160@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
On Mar 18, 5:42 pm, "Greg D. Moore \(Strider\)"
<mooregr_deletet...@xxxxxxxxxxx> wrote:
You assume wrongly that trading stocks is very much like playing the
lottery. There are fundamental things that are going on that make
investing in stocks different than playing the lottery. The abiility
of a company to earn profits for example. People would tend to quickly
invest in companies that earned profits and avoid those that did not
earn profits.
Umm, no I don't assume any such thing. What I assume is that when people
all have access to the same information, they will tend to react the same
way.
We're just changing when they know this information.
As for a company that earned profits, that's only because it performed
better. But if I know why or how it performed better I can do many actions,
including calling my former self and having them sell short (if the company
will go down) or change its marketing to perform better, etc.
And I can sell short, so can everyone else, and pretty soon no one is there
to buy. Before you know it, that stock stops trading.
Now assume you know what company is going to do better. You decide to buy
the stock from me. However, I also have knowledge of the future and know
that they'll do even better NEXT quarter, so I hold onto the stock longer
and you can't buy it now.
Basically the perfect knowledge of the future locks it into place.
To the extent it is unknown which company will actually earn profits
stock market can look a lot like a lottery. But to the extent it can
be known that companies will earn profits and what those profits will
be would benefit investors.
Except it won't. Since I can call back and change the future, there's no
guarantee that the company will do as well as originally predicted.
basically it wouldn't change a thing since ultimately everyone
would have access to the same information, basically the status quo.
Again, your assumption is wrong. Some companies like GE actually
create wealth, other companies like Enron, do not. So, to the extent
money is NOT invested in Enron and invested in GE everyone benefits.
Irrelevant.
Stopping crime is another version of the grandfather paradox. Someone
breaks in my house and robs me. Cops identify the miscreants and send
a signal back in time and arrest the fellows as they step in the front
door. There was a movie like this with Tom Cruise - that would be a
huge benefit. Minority Report - they used ESP not time telephones.
Terror attacks, IEDs, military attacks, could all be prevented before
they happened. Which would be awesome. Though philisophically
problematical. But that's true with other aspects of quantum theory
as well.
Until the terrorists watch the cops spring their time trap and call their
associates and tell them to show up 15 minutes earlier and ambush the
policy.
Assuming the terrorists have access to time telephones - this creates
many paradoxes - the police would of course respond. So, what
determines the outcome? The terrorists live in a world where they
prevail always, the cops live in a world they prevail always - and
there is peace in both worlds.
Or that the future isn't what it once was and we're back to being unable to
predict it.
--
--
Greg Moore
SQL Server DBA Consulting
Email: sql (at) greenms.com http://www.greenms.com- Hide
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Greg Moore
SQL Server DBA Consulting
Email: sql (at) greenms.com http://www.greenms.com
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