Statistical Analysis Push Back
Over the past 20-30 years there's been a huge emphasis on statistical analysis. It's appealing for its ability to create a false sense of certainity. However, statistical data is full of our own biases. People know this, but there hasn't been much lash back yet. At what point do you think there will be a push back against quantitative data focused decision making (if ever) and what will be the cause? Within a financial context I imagine this will cause an increase in demand for traders and a decrease in algorithm funds. Thoughts?
