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6min chapter
TIP455: Indicators for Crisis Investing w/ Dan Rasmussen
We Study Billionaires - The Investor’s Podcast Network
How to Limit Confirmation Bias?
It seems sometimes too easy to cherry pick data based on time lines or to see what you want to see, right? Especially when you're back testing. And so i'm kind of curious, how do you manage data while also solving for confirmation bias? In a first off, it's not like we have enough data to know much conclusively about the us. The amount of data we have is not a big enough sample to tell you anything with the degree of confidence that you'd need to know now for physics or something,. It's just, you're working with imperfect, incomplete data and trying to figure out the best way forward.
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