The Inversion Investor

The Inversion Investor

The Death of Prediction: Why Operating Downstream of Authorship Is Fiduciary Malpractice

Peter Pham's avatar
Peter Pham
Aug 25, 2025
∙ Paid

Most of modern finance is built on a single assumption: that prediction—across timeframes, instruments, or cycles—is the highest form of intelligence.

It’s not.

The moment you introduce authorship—the ability to directly shape market resolution—prediction collapses as a paradigm. It doesn’t just become inferior. It becomes irrelevant.

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