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Monday, 04/21/2014 2:14:41 AM

Monday, April 21, 2014 2:14:41 AM

Post# of 47273
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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