Why Financial Theory Lacks a Unified Theory of Everything

Imagine trying to understand how money and investments work, like figuring out how atoms behave in the world.

Scientists have laws for atoms, but figuring out the stock market is much harder.

Sometimes, the market does unexpected things, like when things that usually go together, don't anymore.

Even though people try to create rules, they often don't work perfectly.

This is because people, not just tiny particles, are involved, and they're unpredictable.

So, instead of finding one big rule, investors often look for short-term patterns to make money.