In using finance models we must be aware that caution and continuous clear observation and thinking cannot be replaced by models developed from past events.

Question

Quizplus · Accepted Answer

While finance models can be useful tools in decision making, they are only based on past events and cannot account for future changes or unforeseen circumstances. Therefore, it is important to approach their use with caution and to continuously apply critical thinking and observation to ensure their accuracy and relevance.

In Using Finance Models We Must Be Aware That Caution