BlogMarch 25, 2012Michael Covel

“Torturing the Data” Is the Siren Scream of a Coming Looter

Fred Munger once said:

“If you torture data sufficiently, it will confess to almost anything.”

When you hear market cons talking of data mining, endless optimization, & torturing data, etc., check to see if your wallet is still around. Good trend following trading systems fit like a loose mitten, not a tight glove.


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