Jan
10
Query of the Day, from Victor Niederhoffer
January 10, 2012 |
With all the charlatans hawking the January barometer, randomly stating that the first month is predictive of the last last 11, how come we have never heard of a first day barometer, or a first week barometer? I believe Galton would have written on this in Natural Faculty.
Update: Indeed there is a first week barometer and it's much less consistent with randomness than the first month barometer, and of course it's opposite.
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