Here’s How You Can Intercept IONQ Stock’s Play-Action Pass for a 127% Payout

What are the odds that quantum computing specialist IonQ (IONQ) manages to pop higher from now over a given time period? While I’m obviously focused on IONQ stock at the moment, this basic question has been asked rigorously by leading mathematicians and scientists for the last hundred years or so. That’s one of the underlying themes behind “The Physics of Wall Street: A Brief History of Predicting the Unpredictable” by James Owen Weatherall.

However, it also occurred to me that, throughout the book, there was no mention of Andrey Markov. That’s probably because the Russian mathematician was focused on studying stochastic processes in the abstract and (to my knowledge) not really caring about the financial markets. Still, this doesn’t mean Markov’s probabilistic philosophy, where the future state of a system depends only on the present state, isn’t useful.