The Curious Quant cover image

EP20: Prof Rob Hyndman: Forecasting COVID, time-series, and why causality doesnt matter as much as you think.

The Curious Quant

00:00

Good Forecasting Practice Is Often Evolutionary

Financial services forecasts are made continuously by almost everybody but rarely have I ever seen somebody other than the backters. Good forecasting practice would be to do that routinely and one of the things I often tell my clients is that they should have a forecast evaluation built into their regular workflow. It feels like we've almost never systematically do that experiment as human beings to go right what did actually happen over the last 10 years so you're just replicating mistakes from the past it sounds so much familiar to super forecaster or for people forecasting rather.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app