> All models are wrong, but some are useful. A slogan usually trotted out in def... | Hacker News

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soVeryTired on March 14, 2020 | parent | context | favorite | on: Ask HN: Book recommendations for understanding fin...

> All models are wrong, but some are useful.

A slogan usually trotted out in defence of bad modelling.

Some models are useful. Some are dangerous. Do you have the means to tell the difference?

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