Here is a great caltech lecture about why "simple" models have better out of sample performance. Jump to 28:00, if you want to get straight to the point. https

Here is a great caltech lecture about why "simple" models have better out of sample performance. Jump to 28:00, if you want to get straight to the point. https://www.youtube.com/watch?v=EZBUDG12Nr0&list=PLD63A284B7615313A&index=17 https://www.youtube.com/watch?v=EZBUDG12Nr0&list=PLD63A284B7...