The 7 Reasons Most Econometric Investments Fail
39 Pages Posted: 23 Apr 2019
Date Written: April 16, 2019
This presentation reviews the main reasons why investment strategies discovered through econometric methods fail. As a solution, it proposes the modernization of the statistical methods used by financial firms and academic authors.
This material is part of Cornell University's ORIE 5256 graduate course at the School of Engineering.
Keywords: Machine learning, artificial intelligence, asset management
JEL Classification: G0, G1, G2, G15, G24, E44
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