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Totally agree.

Funnily enough I think the ML hobbyist problem is most pervasive in the "predict the stock market" domain. There was a post on HN a few days ago [1] that was overfitting the validation set and hand-waving away fees and spreads. The author concluded that "there was no subtle underlying pattern" because they failed to find one.

[1] https://news.ycombinator.com/item?id=21624907




I agree. It mixes the hype of ML with the evergreen appeal of the 'Get Rich Quick' scheme.




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