The Horse in Motion
Many of the gaps in our knowledge are the result of our insistence on accepting our priors and using technology to answer questions we see as new. But…
Category: Big Data
Fiat Money, Fiat News
In which Ben introduces the concept of fiat news, which is to “real news” what fiat currencies like dollars and euros and yen are to “real money…
American Hustle
There are three questions I’d like to answer in this Epsilon Theory note: what did the Narrative Machine tell us about the market immediately before…
The Narrative Machine
"So, in the interests of survival, they trained themselves to be agreeing machines instead of thinking machines. All their minds had to do was to disc…
Two Discoveries
The world made two discoveries last week. Everyone is aware of the first discovery – that ISIS is not “a junior varsity team” but an…
One MILLION Dollars
Dr. Evil: Gentlemen, it has come to my attention that a breakaway Russian Republic called Kreplachistan will be transferring a nuclear warhead to the United…
The Talented Mr. Ripley
The more I practice, the luckier I get. – Gary Player (b. 1935) Luck is the residue of design. – Branch Rickey (1881 – 1965) I’ve…
Troy Will Burn – the Big Deal about Big Data
For the life of me, I don’t understand the debate [over the NSA metadata program]. – Jeb Bush, February 18, 2015 The Central Intelligence Agency…
Epsilon Theory Mailbag: Bitcoin and Big Data
One of the best parts of authoring Epsilon Theory is the correspondence I get from readers. For the past few months, however, I’ve been frustrated…
First Known When Lost
I never noticed it until ‘Twas gone – the narrow copse Where now the woodman lops The last of the willows with his bill –…