By: Barry Ritholtz
capitalistic: Remember George Box’s corollary: “All models are wrong, but some are useful.”
View ArticleBy: Bokolis
A little narrative about the yard signs as it may apply to a swing state… In Pennsylvania, or at least the parts I frequent, you typically see yard signs for every office under the sun (and then some);...
View ArticleBy: RW
Stories can get you into big gains or big troubles or nothing at all and oddly enough it doesn’t seem to be related to how good a story it is but how well it translates the world. George Steiner’s...
View ArticleBy: Barry Ritholtz
BTW, I’ve referenced this repeatedly in the “Monkeys love a Narrative” comments over the years, as well as “Your Brain On Stocks” presentation I have been giving the past 18 months
View ArticleBy: rd
As an engineer, my basic rule on narratives is that a good narrative can help people accept reality but it won’t save them from reality. People are often led down the wrong road by somebody spinning a...
View ArticleBy: Monday links: entertaining narratives - Abnormal Returns | Abnormal Returns
[...] Barry Ritholtz, “Investors need to remember this whenever they are told a story. Narrative may be entertaining, but they won’t make you money.” (Big Picture) [...]
View ArticleBy: faulkner
The title and concepts contained within Donald Spence’s 1984 book “Narrative Truth and Historical Truth” are an early summary of your points (and later developments in narrative studies). Effective...
View ArticleBy: pmorrisonfl
> rd: One of the primary reasons the Challenger blew up… Very relevant and pertinent example. Feynman’s report (http://www.ralentz.com/old/space/feynman-report.html), an appendix to the Rogers...
View ArticleBy: slowkarma
I think you’re absolutely correct in your general argument. Specifically, though…Nate Silver can explain statistical arguments, but his book was full of simple grammatical and structural (writing)...
View ArticleBy: slowkarma
And here’s a Barry story we really need — they way Mac software runs this word correction program that **never gets the right word.** In my comment above, there are three misspellings, generated by...
View ArticleBy: jonas
BR, I think you’re too harsh on narratives. If you redefine narratives to only mean the bad ones, then sure Nate Silver is not only selling narratives. But his explanatory style is a big part to his...
View ArticleBy: Rise of the Empiricists | The Big Picture
[...] The Dangers of Non-Modeled Narrative Story Tellers (December 3rd, 2012) [...]
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