Friday, January 28, 2011

Ray Dalio: Be Wary Of Data Mining

"I learned to be especially wary about data mining – to not go looking for what would have worked in the past, which will lead me to have an incorrect perspective. Having a sound fundamental basis for making a trade, and an excellent perspective concerning what to expect from that trade, are the building blocks that have to be combined into a strategy."

Ray Dalio

No comments:

Post a Comment