Ep. 604: Mega Decision-Making Episode with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
How to Be a Better Statistician
When did you have that light bulb moment that said, I want to go this way? Remember, I did the first study that proved that sophisticated models were less accurate than simple models. And what surprised me was the reaction of statisticians. So I organized another competition where now the forecast was done by experts and we found exactly the same results. Where it meant that very simple models were much more accurate than sophisticated ones.
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Transcript
