Universality: why “same law across stocks” is shocking

Transcript
This chapter, from the episode video's captions · 136 words
1:38:22>> Okay, which means that no matter no matter what stock market you're looking at, >> it's the same trend. >> I don't like that. It's really weird, right? And whenever physicists look at something like this, it reminds them of something called universality. Okay? Universality means there's some weird underlying physics that's happening. >> Yes. >> That is invariant of the thing that is involved in the data collection. Here's what I mean. Like in universality, what we what we a lot of times think about is um phase transitions. So if you if you think about gases or or any substance that's going from liquid to to gas and
1:39:04it's it's at something called the critical point which is where the liquid and the gas phase are like sort of same same >> right
From Roman Concrete, Brain "Cognitive Legos," DeepSeek, and Econophysics
Roman concrete, compositional brains, DeepSeek scaling, and market impact physics.