As a trader of futures contracts, I have been a devotee of Bayesian Probability Theory for many years.
In financial market Bayesian is wrong, Frequentist is right. It is too complex to use Bayesian to explain the market.
Excellent mind-challenging education in holding and adjusting for 2 opposite outcomes...just what us optimistic HODL folk need. Thanks Peter.
In financial market Bayesian is wrong, Frequentist is right. It is too complex to use Bayesian to explain the market.
Excellent mind-challenging education in holding and adjusting for 2 opposite outcomes...just what us optimistic HODL folk need. Thanks Peter.