I just read an interesting article in the AAII journal about human judgement vs using a model for investing. It wouldnt surprise anyone here that using a model or plan leads to higher returns, even between an expert and a model.
One passage I found interesting is
" the issue is that humans are unable to limit tinkering with the model. The evidence from academic research suggests that the number of incorrect modifications experts impose on a model outnumbers the number of correct modifications "
Toofuzzy
Take the road less traveled. It will make all the difference.
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