|Deep Value Capital|
Former integrated circuit designer, currently managing my own and family/friends money at Deep Value Capital. BS from Carnegie Mellon University, MS/PhD from University of Southern California, all in Electrical Engineering. Interested in quantitative value investing and asset pricing theory.
Contrary to Ole Peters' claims in a recent Nature Physics article , the "Copenhagen Experiment" did not falsify Expected Utility Theory (EUT) and corroborate Ergodicity Econonomics. The dynamic version of of EUT, multi-period EUT, predicts the same change in risk aversion that EE predicts when the dynamics are changed from multiplicative to additive.