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Ol’ Wisco | And isn’t a pillar of science peer review? Yet in today’s world any scientist who questions the validity of a model, it’s algorithms, sampling sites, and so forth is instantly labeled a denier of science?
Complex systems. We know we can’t predict markets which are complex systems. The earth and its climate dwarf the complexity of markets. We are still learning everyday how our climate functions and yet scientists believe they can predict what is going to occur in the next 10,20,30 years?
Many financial engineers all agree on one thing with modeling markets
Garbage in=Garbage Out
How’s it any different in science? | |
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