The Armstrong bashers here seem to think... He and Socrates are not perfect. No one can be... But bashing someone... makes you look jealous and petty. If you think you know more than he does - start your own investment firm/ai company and convince sovereign wealth funds and billionaires to put their money in your care. Good luck with that...
To
bash someone is to fiercely criticise, and I don't think anyone here is doing such a thing other than simply evidencing:
1. The times MA has been wrong
2. The ambiguity of his writings
3. The likelihood he is faking reader questions
4. Debunking his bogus claims e.g. that Socrates is hosted on IBM Sequoia
5. Evidencing how Socrates is impossible to trade from.
There is no other forum where MA's work can be objectively discussed, not least as he does not allow comments on his website, and if you attend his WEC - there isn't even a facility to share contact details with other attendees other than physically handing someone a business card. That, despite WEC attendees having access to an online event platform, which does not allow for easy comms with other attendees.
MA appears to tightly control the narrative and conversation around him and his work, and thus this type of forum is needed and a valuable resource.
Criticism of MA is justified where it would be nice to see some humility from him. Why doesn't he produce an annual review that lists all of his good and bad forecasts? Why doesn't he ever talk about any of his trades (assuming he is allowed to trade)? Why doesn't he explain why Socrates/ECM has called significant dates where nothing of note happened?
To your point about "jealousy" - that is just ridiculous if you read what I have said above.
Speaking of the MA book you mention, someone on Amazon has left a 3 star review. Does that now mean they are "jealous" of MA?
No one on these boards is claiming to have all the answers, but MA is. Or at least, he claims Socrates/the ECM does have all the answers. So your confused comment also makes little sense about setting up our own investment firm, not least as MA does not run an investment firm,
he runs a content publishing business aimed at retail investors.
None of us are claiming we can "forecast" better than MA nor develop some (likely made up) AI supercomputer. All we are saying is if he is a charlatan, ethically that is not something we agree with, and hence why this whole discussion has started.
Additionally, if you want to know about real, genuine investment firms who really do use AI as part of their trading approach, see:
Renaissance TechnologiesTwo SigmaNow compare the above to MA's "investment firm":
https://aeglobalsolutionsinc.com/and
https://www.armstrongeconomics.com/Those hedge funds are doing the very thing MA claims he is doing, only without the subterfuge and constantly calling some prophesied day of financial Armageddon that was supposed to happen on 2015.75. Commonly, at least in the annals of human psychology, those beating the drum of impending doom - with a following of disciples who never question their
enlightened leader - are often running a cult that is based on the invention of the mind, not the truth of reality.