Bridge over ocean
17 November 2016 Multimedia

Why Most Financial Theories Are Wrong

Solutions to the Crisis in Financial Research

  1. Marcos Lopez de Prado

In this presentation, Marcos López de Prado discusses how empirical finance is in crisis as a result of decades of multiple testing, selection bias, and overfitting.  Mr. López de Prado suggests that tenets held for the past 60 years may have to be revisited or abandoned, so a new finance may be built on a firmer foundation.

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