Submitted by Affectionate_Lab_425 t3_127do7h in wallstreetbets
MmmPeopleBacon t1_jefyuij wrote
Reply to comment by iggyphi in OK analyst by Affectionate_Lab_425
You're a dumbass. Any model will have a range of assumptions a good model will account to solve extent for those assumptions changing. However if a new event happens they alters the likely range of those assumptions then updates need to be made.
iggyphi t1_jefz989 wrote
im the dumbass but you can't think two steps infront you that other people might of already thought of variable. like someone almost gets paid to come up with all the different variables and solutions to them so that its ready for when it happens
MmmPeopleBacon t1_jefzjwj wrote
You think they are going to perfectly predict every variable? No they aren't thus the need for updates. Read a fucking introduction to finance pamphlet you absolute fucking regard
iggyphi t1_jefzsrn wrote
ah right, because you can't think of it, other can't either. nice one.
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