Comment by bofadeez

Do you not believe that people sometimes seek out media that confirms their existing biases?

Long Term Capital Management went bankrupt because they believed they could model human behavior with their team of Nobel Prize winning economists and Fields Medal mathematicians. Most machine learning quant funds fail for a reason [1]. Behavior is highly unpredictable by modeling in practice.

[1] https://www.garp.org/hubfs/Whitepapers/a1Z1W0000054x6lUAA.pd... [1] https://www.youtube.com/watch?v=BRUlSm4gdQ4