Casino approach
The view that events on the financial markets as a whole and on the stock exchanges in particular can be captured (explained: traced, often even: sketched out) with explanatory approaches that have been worked out mathematically on the processes of (roulette) games. – This is obviously wrong. For prices on the financial markets are the result of events that have occurred or are expected to occur in the real economy, including the political environment. They therefore reflect, quite differently from the (roulette) game, the monetary side of these circumstances, which are fundamentally fraught with uncertainty. – See evaluability, expectations, financial psychology, formulas, financial mathematical, fear thesis, money home, ModiglianiMiller theorem, coincidence.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/
