, Columnist
If the Pentagon Takes UFOs Seriously, So Should Markets
The possibility of alien life on Earth has implications for the entire human race, including investors.
Not qualified to give investment advice.
Photographer: Joe Raedle/Hulton ArchiveThis article is for subscribers only.
Now that the Pentagon takes UFOs seriously, it’s perhaps appropriate to consider some more mundane aspects of the phenomenon — namely, what it means for markets. UFO data will probably remain murky and unresolved, but if UFOs of alien origin become somewhat more likely (starting, to be clear, from a low base rate), which prices will change?
Or, to put the question in market terms: Where is the alpha in Alpha Centauri?