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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (106472)11/30/2009 11:27:29 PM
From: Gib Bogle  Respond to of 110194
 
The big problem is that in a field like this you can't do an experiment to test the theory. Numerical experiments are no substitute.



To: Jim McMannis who wrote (106472)12/1/2009 8:20:51 PM
From: Gib Bogle1 Recommendation  Read Replies (1) | Respond to of 110194
 
I just had an interesting conversation with a physics professor who models climate (on Mars), a global warming skeptic. He said the East Anglia group had a very poor rep among climate scientists. He pointed out that what is particularly of concern is that everyone recognizes that it's impossible to know whether or not your model is correct and complete, therefore the ultimate benchmark is the historical record of climate data. He also told me that the famous "hockey stick" plot is based on data processed by this group. It seems that this is a big story.