LQG 2024/03/12 – 18:30 – “All models are wrong, but some are useful”: Is forecasting pointless? – Geoff Robinson – at BlackRock – IP *OLO* Hybrid

“All models are wrong, but some are useful”: Is forecasting pointless?

Seminar by Geoff Robinson

LQG 2024/03/12 – 18:30 – at BlackRock – IP *OLO* Hybrid

The LQG is very grateful to BlackRock – for hosting this in-person and on-line hybrid LQG.

In the world of investment analysis, where quantifiable data drives decision-making, the allure of predictive models is undeniable. However, as George Box said, “All models are wrong, but some are useful.” This thought-provoking talk delves into the inherent limitations of forecasting, where analysts go wrong, and how models can be made more useful.

 

Geoff Robinson

Managing Director & Founder – TheInvestmentAnalyst.com

Geoff is the Founder of TheInvestmentAnalyst.com, an investment EdTech platform. Previously, he was a Managing Director within UBS Equity Research, leading their Global Fundamental Analytics franchise. During this time, he was #1, ranked 9x in the EMEA Institutional Investor Survey. Geoff built the UBS Ed-Tech platform and the Research Academy. Before UBS Geoff was a material equity investor and LBO co-investor in two market-exited training consultancies. He has a passion for learning. He has an enviable ability to break down complex subject matter, distil it and explain it in a digestible and engaging manner.

Geoff is one of six people globally to hold the Master of Financial Modelling designation. He is a Fellow of the Institute of Chartered Accountants in England and Wales and a Chartered Financial Modelling and Valuation Analyst. Geoff is also a PADI Dive Instructor, addicted to vinyl and loves going to live gigs. He holds NED positions with several start-ups around the world.