After observing the iterative process of modeling complex dynamic systems this resonated:
>“The point of the story,” Rebonato continued, “is that you always come to data with a structural model behind”—meaning some preconception of causes and effects, and therefore some prejudice for how to interpret the data.
What I Learned From Losing $200M (2015) · HackerTrans
>“The point of the story,” Rebonato continued, “is that you always come to data with a structural model behind”—meaning some preconception of causes and effects, and therefore some prejudice for how to interpret the data.