1. An inappropriate perspective of the market could lead to poor judgments and value-destroying decisions.

2. Centralized control fails for systems with sufficient complexity.

3. Aggregation is the emergence of complex, large-scale behavior from the collective interactions of many less-complex agents.

4. Agents within a complex adaptive system take information from the environment, combine it with their own interactions and derive decisions from it.

5. Critical points exist where large-scale reactions are the result of small scale perturbations, characteristic of complex adaptive systems. Not every effect has a proportionate cause.

6. The market is the aggregate of many individual rules. The study of market aggregation of the rules makes more sense then studying individual rules.