1min snip

Flirting with Models cover image

Giuseppe Paleologo - Multi-Manager Hedge Funds & Thinking Deeply About Simple Things (S7E11)

Flirting with Models

NOTE

Avoid Overly Generalized Approaches

Books that start by presenting a technology and then map it to a specific field are often destined to fail. The focus should not be on merely applying existing technologies superficially; rather, true progress in any field requires deeper, nuanced understanding and innovation beyond basic techniques and theory, which are widely accessible and inexpensive. Success comes from integrating and advancing knowledge within the context of real, complex problems, rather than just rehashing popular technologies.

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