Hacker News
- Machine Learning, Big Data, Data Mining, Statistics, Probability FAQ http://wmbriggs.com/blog/?p=6465 13 comments
- Can Math Beat Financial Markets? --- Interview with statistical physicist H Eugene Stanley. Short answer: "No". Main reason: Black swans. So long as you have only a limited amount of data (and you do!), the probability of a very rare event is likely to be understated http://www.scientificamerican.com/article.cfm?id=can-math-beat-financial-markets 3 comments business