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RE: When Genius Fails: Why Smart People Make the Dumbest Money Moves

in Finance and Economy3 days ago

Mostly stochastic prediction method can't predict a single outcome, and definitely can't if the sample is outside the modeled distribution. This is just statistics.

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Yes, and the more variables there are, the more difficult it is to predict. My interests are more along the lines of business operations strategies rather than market speculation.