Regression to the mean

Trading is often about how to take the appropriate risk without exposing yourself to very human flaws.
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eightbo
Posts: 2263
Joined: Sun May 17, 2015 8:19 pm

Great video from a great channel. You'll recognise this if you've read Thinking, Fast & Slow.

"Regression to the mean is the reason why if you have a really good round of golf today, your round tomorrow will [very likely] not be as good"

https://www.youtube.com/watch?v=1tSqSMOyNFE
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Euler
Posts: 26419
Joined: Wed Nov 10, 2010 1:39 pm

There are some well-presented videos on that channel.
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