Comment on Amazon’s $23M book about flies (2011)parentComments−some_random3yDid you miss the part where they reverse engineered the pricing algorithm? What exactly were you expecting here?−iLoveOncall3yThey didn't reverse engineer anything. They made false assumptions based on nothingness.−some_random3yI'm curious how you know that the assumptions they made are false and what the correct metric to look at for REing a pricing algorithm would be if historical price is "nothingness".
Comments
Did you miss the part where they reverse engineered the pricing algorithm? What exactly were you expecting here?
They didn't reverse engineer anything. They made false assumptions based on nothingness.
I'm curious how you know that the assumptions they made are false and what the correct metric to look at for REing a pricing algorithm would be if historical price is "nothingness".