This site was created out of growing concern with the usage of less-than-fully rigorous mathematical and statistical methodologies in the financial/investment world. One example is the increasing prevalence of backtest overfitting, due in part to the ease of generating large numbers of model variations (more than statistically justified) using modern computer technology. Indeed, such statistical errors are likely the primary reason that investment strategies which look good on paper often fall flat in practice.

We are also concerned with the proliferation of quasi-mathematical investment advice and financial columns in the past few years, which appear to be based on sophisticated

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