Epsilon Theory – investing and voting seen through the lenses of game theory and history

Ben Hunt and Rusty Guinn, of Second Foundation Partners, write Epsilon Theory to examine the narratives that drive markets, investing, voting and elections through the lenses of game theory and history and artificial intelligence.

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Sauron Remains Undefeated
Nudging State, Noble Lies
Cursed Knowledge #3: The Molassacre
Ever Grande
Enemies Real and Imagined
Welcome to Metaworld
ET Podcast #12 – Proof of Plant
What is Robinhood?
Cursed Knowledge #2: Weinstein and the Oscars
I’m So Tired of the Transitory Inflation “Debate”
How a Narrative Goes Viral
This Is What a Wage/Price Inflation Cycle Looks Like
Low Demand, Low Supply, High Price Expectations
Let Me Make the Songs
The Political Autotuning of Inflation
Non-Verbal Narrative
Proof of Plant: A New Vision for Crypto, Part 1
Reader's Choice
How Gold Lost Its Luster, How the All-Weather Fund Got Wet, and Other Just-So Stories
Parasite Rex
The Three-Body Problem
Too Clever By Half
Things Fall Apart (Part 3)
This is Water
Do The Right Thing
A New Gilded Age
AMA? BITFD!
An Old Joke
Reinventing the Financial System
Nudge
Clever Hans
Pecking Order
Wall Street’s Merry Pranks: Things that Matter #4
Even When I Lie
The Long Now, Pt. 3 – Wink
First the People
A Truth That’s Told With Bad Intent
Nudging State, Noble Lies
Sometimes a Cigar is Just a Cigar
Notes From The Field
Rust and Blight
A Song of Ice and Fire
This Is Why We Can’t Have Nice Things
The Icarus Moment
Good Job!
Too Clever By Half
The Three-Body Problem
Pecking Order
Clever Hans
Sheep Logic
Recent Notes
How a Narrative Goes Viral
Sauron Remains Undefeated
Nudging State, Noble Lies
Cursed Knowledge #3: The Molassacre
Ever Grande
Enemies Real and Imagined
Welcome to Metaworld
ET Podcast #12 – Proof of Plant
What is Robinhood?
Cursed Knowledge #2: Weinstein and the Oscars
I’m So Tired of the Transitory Inflation “Debate”
Litigation Finance
Day-One Advice for New Hedge Fund Portfolio Managers
Proof of Plant: A New Vision for Crypto, Part 1
Cursed Knowledge #1: The Fast Saga
ET Podcast #11 – A Working Narrative
Reinventing the Financial System
A Working Narrative
ET Zeitgeist: Deadly Theatre
ET Zeitgeist: Raccoons Never Sleep
This Is What a Wage/Price Inflation Cycle Looks Like
Low Demand, Low Supply, High Price Expectations

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