This podcast episode and accompanying blog post examine the application of game theory, specifically Robert Axelrod's work on the Iterated Prisoner's Dilemma and the Tit-for-Tat strategy, to revolutionize financial markets.
The article examines contrasting investment strategies: short-term trading, focusing on market sentiment and trend following; and long-term investing, prioritizing fundamental asset value. It highlights the psychological challenges inherent in both approaches, noting the high failure rate among traders.
Contains the last 12 releases
