Saturday 31 July 2021

Trading and Medicine analogy (complexity, uncertainity, technology) - part 6

I am able to discover some black boxes in stock market system so big bulls become bigger by taking money from retail investor (common man)..as there are many black boxes in EBM

- impact factor

- RCT transparency

- data hacking

- p hacking

- GBM

(These are black boxes in EBM, and there are more.. I am not counting market manipulation, kickbacks etc. As they are not part of EBM at its core..).. 

My question to @Dr. RB sir is

how useless/harmful/dangerous EBM is to the retail investor/trader (patients).. (Subjective question and any subjective answer/opinion will be very helpful to get idea about how to think).. 


Blackboxes - guidance to retailers to utilize but big pharma/ bulls use it against retailers to make own benefits..



RB - None of the quoted black boxes are true EBM and simply reflect what EBM shouldn't be 🙂


Avi - But when they are being misused as EBM (must not be) I am trying to understand what is the magnitude of disaster (Miscommunicated and misguided as ebm)


RB - That's really a great research area with so much happening for the taking



Avi - For some research in this area.. Covid evidence misuse/wrong use (bad EBM) may be best present possibility.. A questionnaire based survey to covid recovered patients may be good beginning..




In terms of $ the opioid epidemic is 1$ trillian for 2017..there can be more aspects as qaly, daly, and even very simple as just the over expenses..

RB - It would be very simple to understand if you were working with us daily. We see this everyday. Essentially making data transparent accountable and triangulated.

RB - Yes one can focus on  one drug and progress on pointing out all one at a time.






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