Flirting with Models cover image

Formulating the machine learning problem, how research questions should be asked, and the trade-off of complexity versus accuracy (ARCHIVES S1E7)

Flirting with Models

CHAPTER

Is Machine Learning Applicable in Finance?

Machine learning seems incredibly well suited for data sets that are implicitly stationary. But this is not so much an issue with machine learning, but rather a question of when and where inference can be done at all. If you have extremely non-stationary data where the distribution is constantly changing from one period to the next, then any statistical description of the data in prior time periods of no real value in the next.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner