Model and Reality

FTより:
The essential problem is that our models – both risk models and econometric models – as complex as they have become, are still too simple to capture the full array of governing variables that drive global economic reality. A model, of necessity, is an abstraction from the full detail of the real world.

モデルは所詮モデルでしかない。信頼しすぎてはいけない。
[PR]
by stupid-market | 2008-03-17 08:39 | Asset Management
<< 2ドル Independence >>