(no title)
chermi
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3 months ago
Did you read the paper? Or even the intro? If a model has predictive power, it's capturing something, end of story. What you do with it, popsci spins it, how you interpret it has nothing to do with whether or not it's useful. That's your projection. Everything you are saying it doesn't do as if it's an argument against the paper happens to overlap perfectly with the things it never claimed to do.
bofadeez|3 months ago
I'm assuming you've never predicted things in practice for a living? e.g. as a quant trader? Quants have something called a "deflated sharpe ratio" since p-hacking / overfitting historical data is such a common thing and results in losses when projected into the future.