Comments on: How To Be A Skeptical Empiricist In One Easy Lesson http://amateurassetallocator.com/2009/12/04/how-to-be-a-skeptical-empiricist-in-one-easy-lesson/ Amateur Asset Allocator Fri, 10 Feb 2012 18:16:33 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Ace http://amateurassetallocator.com/2009/12/04/how-to-be-a-skeptical-empiricist-in-one-easy-lesson/comment-page-1/#comment-6330 Ace Thu, 10 Dec 2009 20:19:37 +0000 http://amateurassetallocator.com/?p=2854#comment-6330 "philosopher-on-the-go" ... great term! “philosopher-on-the-go” … great term!

]]> By: Mike Piper http://amateurassetallocator.com/2009/12/04/how-to-be-a-skeptical-empiricist-in-one-easy-lesson/comment-page-1/#comment-6224 Mike Piper Fri, 04 Dec 2009 13:23:02 +0000 http://amateurassetallocator.com/?p=2854#comment-6224 Excellent explanation and suggestions. :) All I'd add is that if we're going to have such a heavy focus on empirical data (and I agree: we should), we need at least a rudimentary understanding of statistics as well. Otherwise we're easily duped by claims such as, "This guy <i>does</i> know what he's doing, and there's data to prove it. He's beaten the market in 6 of the last 7 years." Excellent explanation and suggestions. :)

All I’d add is that if we’re going to have such a heavy focus on empirical data (and I agree: we should), we need at least a rudimentary understanding of statistics as well.

Otherwise we’re easily duped by claims such as, “This guy does know what he’s doing, and there’s data to prove it. He’s beaten the market in 6 of the last 7 years.”

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