3 ms·
> which Goldstein? From ClementM above, http://papers.ssrn.com/sol3/papers.cfm?abstract_id=970480 http://papers.ssrn.com/sol3/papers.cfm?abstract_id=970480
by lstamour 13y ago
> which Goldstein?
From ClementM above, http://papers.ssrn.com/sol3/papers.cfm?abstract_id=970480 http://papers.ssrn.com/sol3/papers.cfm?abstract_id=970480
- cwyers 13y agoThank you. From that paper: "We first posed this question to 97 portfolio managers, assistant portfolio managers, and analysts employed by investment management companies who were taking part in a professional seminar. The second group of participants comprised 13 Ivy League graduate students preparing for a career in financial engineering. The third group consisted of 16 investment professionals working for a major bank." From the article: "What is worse, Goldstein and I found that a high number of data scientists (many with PhDs) also get confused in real life." I get that "data scientist" is a really broad term at this point, but I don't think it's a very good description of the people quizzed in this paper, if this is the paper he was indeed referring to.
- cwyers 13y agoAnd all his examples come from the financial sector, it would seem, but in the article he refers to "hordes of scientists," "people in social science," and even "problems with social and biological science." So even the hard sciences get pulled into his indictment of standard deviation, even though he never once gives an example from them.