The more research I do (and I have not done much) the less I trust other research, and the less I trust my own. When you read a paper in finance you will invariably find significant results that support the author’s conclusions. When I run regressions, my results are weak, sometimes contradicting my hypothesis sometimes confirming it.
Read more of this post on my other blog, J delta rho, here….
Meditations of Lambchop 