Tag: evolution

Darwin would have been proud

I try and actively monitor everything I am doing in the market, often this can pay dividends in unusual ways.

As a general approach I would recommend storing as much information about what you do as possible, even if you don’t need it right now. I’ve collected loads of data recently from Wimbledon and Euro 2012 but I have no practical purpose for it at the moment. At some point in the future I may revisit it, or find a …

05/07/2012 | By Peter Webb More

Accidents and evolution (Part three)

Never one for rhetoric; I presented a similar case, to those I have described in the prior posts, at a talk I did last year. Using a similar model we followed how that can evolve from a base set of criteria and environments to something more complex. The following two snap shots are from a control where we work at random and an evolved model a few generations on.

Here we are using £2 at random

Here we use an

…

24/02/2011 | By Peter Webb More

Accidents and evolution (Part two)

So how did my view on evolution, natural selection and Darwin translate into market strategy?

There are many ways to apply it, but first you need to start. Your first strategy is to have no strategy, just poke around at random. This gives you a control sample to work with, a base metric from which you can build your activity. You should regularly revisit your control to ensure the base you are working from is still the same as when …

23/02/2011 | By Peter Webb More

Accidents and evolution (Part one)

Some time ago, when I was young, I was accosted by somebody on the streets of Guildford. He was trying to challenge my view of the world and get me to sign up to their cult or something. He followed me down the street and asked me if I really believed the world, everything we see, was created by accident. Without hesitation I replied, YES!

When I was young I had asked myself the same question. So I went to …

22/02/2011 | By Peter Webb More