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Wes Grey on The Case for Systematic Decision-Making [VIDEO]

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HFA Staff
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The empirical evidence on the subject of systematic Decision-Making making versus expert-driven, or "gut-instinct" decision making, has been described by the late Paul Meehl, one of the greatest minds in psychology, as the only controversy in social science with--I quote--" such a large body of qualitatively diverse studies coming out so uniformly in the same direction." In summary, models beat experts via Wes Grey. Also see his book here-Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors

The Case for Systematic Decision-Making below

YouTube video

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.