Re: Is Reserve Growth a Non-issue??
Posted: Sat 04 Mar 2006, 22:05:26
I know all sorts of weird crap can happen deterministically, but what does this all imply statistically?
We have years of data and knowledge accumulated. We can make future estimates based on past results. This is not the stock market we are talking about. It's more like predicting the seasonal weather. I could care less that an occasional winter storm can deliver 10 feet of snow, but provide a mean and variance you can fairly judge the climate.
We have years of data and knowledge accumulated. We can make future estimates based on past results. This is not the stock market we are talking about. It's more like predicting the seasonal weather. I could care less that an occasional winter storm can deliver 10 feet of snow, but provide a mean and variance you can fairly judge the climate.