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Overcoming Bias Commenter's avatar

P. McClusky:

Thank you for your reply, but you still did not mention why the broad category of Bayesian investors is a poor one for evaluation, yet the broad category of US medical care is not. It seems to me to be a goose/gander situation. Having been put in the position of having to accept that my profession has done as much harm as good (and I have accepted that), it is only fair to expect that those same economists shed light on the margin of other aspects of the US lifestyle, such as Bayesian investing or teaching economics, so that better strategies can be understood and pursued.

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Overcoming Bias Commenter's avatar

retired urologist, I assumed you were asking how to go about evaluating investment strategies. A detailed explanation of how I compare investment strategy evaluations to medical evaluations is not worth the effort it would take.If you're looking for strategies that are better than average (which sure looks like what you were asking for), I don't recommend evaluating broad categories such as Bayesian investors. Evaluating broad categories may give you insights into what produces poor results.

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