My Photo
Note: Jeff does not accept guest blog posts on A Dash of Insight.

For inquiries regarding advertising and republication, contact main@newarc.com

Follow Jeff on Twitter!

Enter your email address:

Delivered by FeedBurner

Certifications

  • Seeking Alpha
    Seeking Alpha Certified
  • AllTopSites
    Alltop, all the top stories
  • iStockAnalyst
Talk Markets
Forexpros Contributor
Disclaimer
Copyright 2005-2014
All Rights Reserved

« Are You Smarter than a Doctor? | Main | August Employment Preview »

August 31, 2011

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d83451ddb269e2015391306eac970b

Listed below are links to weblogs that reference The False Confidence that Comes from Cheating:

Comments

james moylan

Nowdays everything is about get rich quick. Theirs no longer any investors that have the stomach for the ups and downs of the stock market. I buy extremely undervalued stocks of decent quality usually under ten dollars and than hold them for years. I am not a believer in buy and hold forever but I could hold a stock for five years or longer in some cases. I have had great success over the years doing this. You cannot cheat your way to riches their will always be bumps in the road no matter where your going.

Proteus

Jeez, more than half of the "keys" are subjective.

I just have to comment on models. As an engineer, I use modeling software all the time. 15 years ago, a co-worker told me he intentionally put bad data into the software. He had discovered this gave more accurate results. This software, which cost $50k+, was the best in the industry, and solved well-known equations to analyze electronic circuitry (thank goodness it wasn't analyzing bridges). It amazes me that models of the economy, without "well-known" equations, generate any kind of reasonable output at all.

The comments to this entry are closed.