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{{image|Trajektorie eines Doppelpendels|gif|Something simple but utterly unpredictable, yesterday. It is quite entrancing, isn’t it? Even though it is just a gif.}} | |||
}}Something that should be so utterly obvious it need not be said, but which nevertheless forms the backbone of the [[Past results are no guarantee of future performance|most common disclaimer on the planet]]. That we know only what we know, and cannot know what comes next, is a lesson that should have been beaten into us — with fables such as the [[inductive turkey]] who gets quite the surprise come Christmas, the [[jointed pendulum]], the disastrous history of the financial markets — but which has been underestimated by reductionist types who labour under the illusion — ''delusion'', really — that future states of the world can somehow be extrapolated for past ones. | }}Something that should be so utterly obvious it need not be said, but which nevertheless forms the backbone of the [[Past results are no guarantee of future performance|most common disclaimer on the planet]]. That we know only what we know, and cannot know what comes next, is a lesson that should have been beaten into us — with fables such as the [[inductive turkey]] who gets quite the surprise come Christmas, the [[jointed pendulum]], the disastrous history of the financial markets — but which has been underestimated by reductionist types who labour under the illusion — ''delusion'', really — that future states of the world can somehow be extrapolated for past ones. | ||
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*[[Backtesting]] | *[[Backtesting]] | ||
*[[Profound ontological uncertainty]] | *[[Profound ontological uncertainty]] | ||