Tier 4 · QuantFree

Philosophy of Science for Investors

How Do You Know

10 modules~85 min totalVerifiable certificate on completion

Syllabus

01Hypothesis Testing, p-values, and ErrorsMath
11 min
02Multiple Testing and the Expected Maximum t-StatisticMath
10 min
03Out-of-Sample Validation and Data SnoopingMath
10 min
04The Deflated Sharpe RatioMath
11 min
05Bayesian vs Frequentist InferenceMath
10 min
06Falsifiability and Induction
6 min
07P-Hacking and the Replication Crisis
6 min
08Paradigm Shifts
7 min
09Can the EMH Be Falsified?
7 min
10The Lucas Critique
7 min

From Module 1 — read a sample

Think of a hypothesis test like a courtroom: the strategy is 'innocent' (no edge) until the data prove otherwise beyond a reasonable doubt. The p-value tells you how surprised you should be by the data if the strategy really were innocent — it is not the probability the strategy works, just as an acquittal is not proof of innocence.

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