333: Jesse Proudman On Quantitative Investing In Crypto
The Pomp Podcast
00:00
The Problem Is Using a Linear Regression Model to Project Future Price
Gold has had an eight trillion dollar range over the last o hundred and ten years. And reflation adjust ted, i think it's had a six and a half trillion dollar range. So in theory of your saying, gold behaves this way, so bicqin shoud, but gold doesn't behave that way. Like there's our fist problemso like at a very high level, when we develop a model, we have a theory. And if the theoryis wrong, doesn't matter what the rest of the model says. If the theory that underpends it isn't correct, we're now back to this weird statistical anomaly with marjorin and deborse. We
Play episode from 33:21
Transcript
