Mathematician Posits Magic Formula for Broadway Hits | Variety
The magic algorithm is curiously missing from this article, but there is one thing that is unquestionably true.
If you are back testing any formula, you will definitely come to the conclusion you are looking for if you carefully omit any data that contradicts your thesis.
Stock market touts have been doing this for years, along with horse racing "handicappers'.
Hopefully, the author of this study gets the grade he's hoping for. And hopefully, no one will believe that there is any sort of "magic formula" for predicting Broadway hits or length of runs.
It doesn't exist.
The magic algorithm is curiously missing from this article, but there is one thing that is unquestionably true.
If you are back testing any formula, you will definitely come to the conclusion you are looking for if you carefully omit any data that contradicts your thesis.
Stock market touts have been doing this for years, along with horse racing "handicappers'.
Hopefully, the author of this study gets the grade he's hoping for. And hopefully, no one will believe that there is any sort of "magic formula" for predicting Broadway hits or length of runs.
It doesn't exist.
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