ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Missing Dimension

friends and colleagues, who (like me) make a living from this business.] I Raaj Sah, who knows more about such matters than I do, tells me that on average purely random decisions are likely to be better than decisions based on models calibrated only on the past, this being the case whether one is forecasting macro performance or planning one's financial portfolio.

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