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by andrewjl 837 days ago
> I'm sure if we took all the top math, quant, economy and finance grads in the world and book them for a few months in that fancy Swiss Alps resort at Davos where world leaders meet up every year to discuss how to screw us, they could come up with a better system than the one we currently have.

That isn't an obvious conclusion. To the extent the current system is one, improving it with such an approach doesn't account for:

- It having too many parts to understand without resorting to highly lossy models.

- Its non-features being far more impactful than its features.