Tuesday, January 25th @ 11:00-12:30 PM (ONLINE)
"Why financial research is prone to false statistical discoveries"
David H Bailey, Lawrence Berkeley National Lab (retired) and University of California, Davis
Abstract: It is a sad fact that few investment funds, models or strategies actually beat the overall market averages over, say, a 10-year window. Even in academic research work, care must be taken to avoid statistical pitfalls,...