Alex Heath

There's an Omicron wave and it was going to come back because some traders were doing research and they spent copious amount of times.

They're not necessarily, by the way, like doctors or like people that you would imagine to be the COVID experts.

The people that maybe love the topics and spend so much time in quarantine reading about it.

And then they brought that information to market, which is very useful.

And if we had listened to the markets, maybe we would have kept the mask on for a little bit longer and we might have avoided the second wave.

Why did you scare my grandma with that comment?

Interesting.

I think that, yeah, I saw that.

I mean, it was taken out of context and people sort of like, you know, took in all sorts of directions.

But really what it means is this notion of

If you believe that markets work, what they do is they discover prices.

They're a very good mechanism for discovering fundamentals.

I think, as you said it in a great way, fundamentals behind something.

And then uncovering as much truth as possible behind that thing.

And so what we're saying is like,

Sure, applying that to companies is very important.

Applying that to commodities or currencies is very important.

But what if we applied it to some of the most important pressing questions about our future?

Could we apply it to a much broader set of things?

And look, from first principles, we live in a world where the ratio of noise to signal has gone up a lot.