Hacker News new | ask | show | jobs
by danmaz74 5344 days ago
Ok, but you would need to take into account the interaction with other traders' models that are put into play all the time...
1 comments

yup, building good models is hard. doesn't mean they always produce bad results. billions of dollars of quant hedge fund money prove that.
"essentially, all models are wrong, but some are useful" George EP Box - one of the greatest truths imho :)