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« Investing is not Gambling | Main | Altucher versus the Rest »

July 04, 2006


Barry Ritholtz

Great post --

The inherent biases and rationalizations we make to justify data, anecdotal observations, and the like are legion.

This really drives home that investors must always be on guard against drawing the wrong conclusions . . .

Market Participant

Of course there is a the problem of people doing research by starting with theory and hypotheses and then trying desperately to find empirical evidence to fill in those theories and hypotheses.

Strangely they are mostly successful.

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