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yup, building good models is hard. doesn't mean they always produce bad results. billions of dollars of quant hedge fund money prove that.
by andylei 15y ago
yup, building good models is hard. doesn't mean they always produce bad results. billions of dollars of quant hedge fund money prove that.
- danmaz74 15y ago"essentially, all models are wrong, but some are useful" George EP Box - one of the greatest truths imho :)