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     as well as [[List of all comics]], which is obviously not a comic page. -->
 
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remain. '''[[Help:How to add a new comic explanation|Add yours]]''' while there's a chance!
 
remain. '''[[Help:How to add a new comic explanation|Add yours]]''' while there's a chance!
 
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== New here? ==
 
== New here? ==
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<div style="float:right; margin: 0 0 1em 1em">{{Special:ContributionScores/10/7/nosort,notools}}<div style="font-size:0.85em; width:25em; font-style:italic">[[Special:ContributionScores|Lots of people]] contribute to make this wiki a success. Many of the recent contributors, listed above, have just joined. You can do it too! Create your account [[Special:UserLogin/signup|here]].</div></div>
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You can read a brief introduction about this wiki at [[explain xkcd]]. Feel free to sign up for an account and contribute to the wiki!  We need explanations for comics, characters, themes, memes and everything in between.  If it is referenced in an [[xkcd]] web comic, it should be here.
 
You can read a brief introduction about this wiki at [[explain xkcd]]. Feel free to sign up for an account and contribute to the wiki!  We need explanations for comics, characters, themes, memes and everything in between.  If it is referenced in an [[xkcd]] web comic, it should be here.
  
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* Discussion about various parts of the wiki is going on at [[Explain XKCD:Community portal]]. Share your 2¢!
 
* Discussion about various parts of the wiki is going on at [[Explain XKCD:Community portal]]. Share your 2¢!
  
* [[List of all comics]] contains a complete table of all xkcd comics so far and the corresponding explanations. The red links ([[like this]]) are missing explanations. Feel free to help out by creating them! [[Help:How to add a new comic explanation|Here's how]].
+
* [[List of all comics]] contains a complete table of all xkcd comics so far and the corresponding explanations. The red links ([[like this]]) are missing explanations. Feel free to help out by creating them! '''[[Help:How to add a new comic explanation|Here's how]]'''.
  
 
== Rules ==
 
== Rules ==

Revision as of 21:16, 24 March 2013

Welcome to the explain xkcd wiki!

We have collaboratively explained Expression error: Unrecognised punctuation character ",". xkcd comics, and only Expression error: Unrecognised punctuation character ",". (Expression error: Unrecognised punctuation character ",".%) remain. Add yours while there's a chance!

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Go to this comic explanation

Engineer Syllogism
The less common, even worse outcome: "3: [everyone in the financial system] WOW, where did all my money just go?"
Title text: The less common, even worse outcome: "3: [everyone in the financial system] WOW, where did all my money just go?"

Explanation

Ambox notice.png This explanation may be incomplete or incorrect: It can be improved.

A syllogism is a logical argument where two or more propositions lead to a conclusion through deductive reasoning. For example, one of the best-known syllogisms is:

  1. All men are mortal
  2. Socrates is a man
  3. Therefore, Socrates is mortal

In this comic, Cueball is an engineer who is attempting to make the following syllogism:

  1. I am good at understanding "numbers" (i.e., mathematics)
  2. The stock market is made of numbers
  3. Therefore, I am good at understanding the stock market

Since most engineers are purportedly good at math, proposition 1 seems to be true. It is also loosely true that the stock market is made of numbers, but only in the sense that every system can be given a post-hoc numeric characterization; the dynamics of the stock market are primarily human-driven. In this comic Cueball thinks that his skill at math will help him beat the stock market. Little does he know that the system can be unpredictable, so he ends up losing money as the financial instrument he's invested in loses value. This is due to the financial markets being largely controlled by humans making emotional decisions and not some calculable reason or logic. The fact that humans make emotional decisions is alluded to in the title text of 592: Drama.

Even if the propositions "I am good at understanding numbers" and "The stock market is made of numbers" were true in Cueball's interpretation, Cueball would still be wrong to conclude that "I am good at understanding the stock market": this would be a fallacy of the undistributed middle (with the first premise being more accurately stated as "I'm good at understanding things made of numbers") and a fallacy of composition (with the implicit third premise "if I'm good at understanding the components of a system, then I'm good at understanding the system"). The problem is that proposition 1 seems to say "I am good at understanding all math". However, the "all" is not present, so Cueball may not necessarily understand the math underlying the stock market.

This comic is also related to the 1998 movie Pi where the main character repeats to himself several times his assumptions that the world is all numbers, and thus he, a great mathematician, should be able to predict the stock market, which is all numbers.

The title text talks of a less likely scenario in which Cueball causes everyone involved in the financial system to lose their money - i.e. a stock market crash. This could refer to a scenario in which Cueball figures out a way to extract large quantities of money from the stock market, causing a sudden, major decline in everybody else's wealth, or that his involvement has caused literally everyone, including his own, stock market assets to lose their value. This is possible since there is no conservation of value for the stock market. The value of a particular stock is determined by a majority that is willing to trade it at a given price.

Alternatively, Cueball could cause a global stock market crash if he is an engineer responsible for vital stock-market-related software and/or hardware. An example of a situation where the action of engineers was implicated in just such a crash is the 2010 Flash Crash. High-frequency quantitative trading, which relies more on financial technology engineering than sophisticated financial knowledge, was heavily involved in this particular crash.

The release date of this comic makes it highly likely that it refers at least in part to the 2015 Chinese stock market crash which largely affected most other world financial markets, particularly during the week of August 24–28, during which this comic was published.

Transcript

[An white frame with text inside an underbrace and an overbrace]
An engineer
syllogism.
[Cueball is at his desk in front of his computer, with his hands on his knees, thinking.]
Cueball, thinking: 1: I am good at understanding numbers.
[Cueball takes one hand to his chin, still thinking.]
Cueball, thinking: 2: The stock market is made of numbers.
[Cueball lifts both arms from his legs, still thinking.]
Cueball, thinking: 3: Therefore I-- Wow, where did all my money just go?


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Lots of people contribute to make this wiki a success. Many of the recent contributors, listed above, have just joined. You can do it too! Create your account here.

You can read a brief introduction about this wiki at explain xkcd. Feel free to sign up for an account and contribute to the wiki! We need explanations for comics, characters, themes, memes and everything in between. If it is referenced in an xkcd web comic, it should be here.

  • List of all comics contains a complete table of all xkcd comics so far and the corresponding explanations. The red links (like this) are missing explanations. Feel free to help out by creating them! Here's how.

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