Renaissance Technologies

1711.02 - 1736.59 David Rosenthal

And instead, just focus on what are the observable states that we can see of the situation? Can we identify different states that the situation is in? And if we just do that, can we predict future states based on what we've observed about the patterns of past states? And the answer to that is usually yes, even if you don't know anything about fundamentally how the system operates.