
#3.2 How to use Bayes in industry, with Colin Carroll
Learning Bayesian Statistics
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Challenges and Strategies for Implementing Bayesian Methods in Finance
This chapter highlights the experiences of a company in Boston, Quantopian, in utilizing Bayesian methods successfully in finance. It stresses the significance of starting with simple models and gradually enhancing them to avoid model failure or slow fitting, emphasizing the importance of improving tools for supporting model building in the industry.
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