[Arelius]

Thanks, I'll watch the talk with I get a spare moment.

Regarding the existing opportunities, It's interesting imagining a situation where opportunities did not exist, seemingly the market would either become completely random, and driven by luck, or remarkably stable. Most interestingly it crazy to imagine a market that has been optimized to complete stability. I wonder if that's the natural progression of things.

[bkruse]

I think in a big rhythmic cycle, that may be true. I have friends that are fund managers that say, now, the market is completely and totally efficient, and that people making money are just "lucky" - both are interesting and somewhat valid! If 10,000 funds trade, there will be some profitable one (even though there were SO few in 2008). It's an interesting study, even if you aren't a trader