Complacency throws markets off course

Wed, Oct 11, 2017 - 5:50 AM

R Sivanithysivan@sph.com.sg@RSivanithyBT

STUDENTS of statistics and other social sciences would be familiar with the phrase "regression to the mean" that broadly means there is a long-term equilibrium towards which phenomena will tend towards.

The person who discovered it was 19th century scientist Francis Galton who found that...

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