I need the concrete before the abstract just so my mind knows that what I’m seeing is not BS. Because in finance, 95% of the math is BS formulas that have no connection to reality.
Except for compounding interest, percent change, percent difference, multi-variate statistics...
I'm quite dumbfounded to read this comment considering nearly all of finance is done through computers. Computers need algorithms in order to make predictions and algorithms are glorified formulas.