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As the first knowledge, our own existence while we're thinking about it is the most certain thing there is. Its certainty is 100%. A few seconds to minutes before and after that, we can say the certainty is only slightly reduced. But further away from the origin, the certainty drops rapidly. It will look like a bell curve. Perhaps a skewed bell curve, because the past can be less unpredictable than the future.
QuoteSolar HAS become the cheapest energy source to operate.in the short term
Solar HAS become the cheapest energy source to operate.
There are cases where what we thought we know about the past turn out to be false.
What would be cheaper in the long term?
Quote from: hamdani yusuf on 25/02/2024 07:37:36Economy is about distribution of resources to achieve the terminal goal of a system effectively and efficiently.//www.youtube.com/watch?v=A5w-dEgIU1MThe Trillion Dollar EquationQuoteThe most famous equation in finance, the Black-Scholes/Merton equation, came from physics. It launched an industry worth trillions of dollars and led to the world?s best investments.References:The Man Who Solved the Market: How Jim Simons launched the quant revolution, Gregory Zuckerman. Penguin Publishing Group. - https://ve42.co/GZuckermanThe Physics of Finance: Predicting the Unpredictable: Can Science Beat the Market? James Owen Weatherall. Short Books. - https://ve42.co/FinancePhysicsThe Statistical Mechanics of Financial Markets, J.Voigt. Springer. - https://ve42.co/SpringerBlack, F., & Scholes, M. (1973). The pricing of options and corporate liabilities. Journal of political economy, 81(3), 637-654. - https://ve42.co/BlackScholesCornell, B. (2020). Medallion fund: The ultimate counterexample?. The Journal of Portfolio Management, 46(4), 156-159. - https://ve42.co/Medallion
Economy is about distribution of resources to achieve the terminal goal of a system effectively and efficiently.
The most famous equation in finance, the Black-Scholes/Merton equation, came from physics. It launched an industry worth trillions of dollars and led to the world?s best investments.References:The Man Who Solved the Market: How Jim Simons launched the quant revolution, Gregory Zuckerman. Penguin Publishing Group. - https://ve42.co/GZuckermanThe Physics of Finance: Predicting the Unpredictable: Can Science Beat the Market? James Owen Weatherall. Short Books. - https://ve42.co/FinancePhysicsThe Statistical Mechanics of Financial Markets, J.Voigt. Springer. - https://ve42.co/SpringerBlack, F., & Scholes, M. (1973). The pricing of options and corporate liabilities. Journal of political economy, 81(3), 637-654. - https://ve42.co/BlackScholesCornell, B. (2020). Medallion fund: The ultimate counterexample?. The Journal of Portfolio Management, 46(4), 156-159. - https://ve42.co/Medallion
Hydropower will always be cheapest, but very limited. Wind next, in most areas. But you still need storage for unreliables, and hydrogen is almost certainly the cheapest longterm store.
The very act of Predictions, high or low, is what Affects the Final outcome.
US stock markets could be looking for sustainability after February's rampant rally powered by Magnificent Seven earnings. CFRA Research Chief Investment Strategist Sam Stovall"Right now the S&P 500 (^GSPC) technology sector is trading at a 56% premium to its average P/E on forward 12-month earnings over the last 25 years," Stovall says. "On a relative basis, it's at a 25% premium to the S&P 500 itself, even though it is primarily the driver of the S&P 500. So, a lot of other sectors are in 20% premium areas like communication services..."Stovall also comments on tech valuations, AI-exposed stocks, and his expectations for Thursday's PCE print.
What's your source?
I've heard that solar energy is going to be even cheaper than now, which is already the cheapest.
Battery performance decreases to uneconomic after 5 - 10 years
And then you have to make lots of battery-powered vehicles, covert all your domestic and industrial heating to electric, and increase grid capacity by a factor of 4. That would need an awful lot of fossil fuel!
They used to say that nuclear power would be too cheap to meter
Interestingly, https://www.nrel.gov/docs/fy13osti/56487.pdf suggests that whilst primary (DC) solar power is indeed carbon-efficient over a lifetime, wind has almost the same carbon footprint per kWh as coal!
QuoteQuote from: hamdani yusuf on Yesterday at 06:02:15What's your source?Physics and geography.
Quote from: hamdani yusuf on Yesterday at 06:02:15What's your source?
You need your physics and geography updated.
Quote from: hamdani yusuf on 03/03/2024 04:17:44You need your physics and geography updated.I doubt it. Neither has changed much in the last 500,000 years.
Some EV makers have already guaranteed their battery for a lifetime.
Then you need to learn about theory of knowledge.
Billionaires Are Secretly Directing Asteroids To Earth and We Don?t Know WhyThe video depicts asteroid mining, especially for exotic materials or precious metals which are in high demands but limited supply on earth. It relies on the assumption that humans won't be able to synthesize those materials economically using raw materials from earth.