There is no science that can predict a complex adaptive system; asking whether there is a science to predict the market and the answer from Santa Fe Institute researchers is definitively 'no'.

factualpending

Speaker

Robert Hagstrom

Evidence Quote

the answer is no there is no science that can predict a complex adaptive system

Source

Warren Buffett Published His Whole Playbook | Robert Hagstrom on Why Only One Tenth of 1% Uses ItExcess Returns
Created: 8/12/2026, 6:12:15 PM

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