If you are surprised that a complex prediction model did not accurately predict the future, the problem is on your end. Why did you ever think that was a thing?
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Well, we know what the wrong answer is.
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Under what circumstances would a model be considered bad?
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Easy to pile on now but here goes- NOT appropriate to use a shitty model as a Risk Management tool. Risk management (when done correctly) considers risk for all outcomes. Extreme outcomes receive minimum attention and resources.
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