I've heard that line referred to as Box's Razor. It's definitely the right heuristic, but it's interesting to see that even if your model is right, you're still

I've heard that line referred to as Box's Razor. It's definitely the right heuristic, but it's interesting to see that even if your model is right, you're still in trouble if it's too complex. This is a sort of bias/variance tradeoff.