RE: Re: re: profit rates

["Eric Nilsson" <enilsson@xxxxxxxxx>]

Sabri wrote,
> And I worked at money management
> firms and other firms that provide "analytics" to them.
> ... But, there are those who are dishonest liars. I know it.
> I have worked with them.

In my experience private sector data producers--particularly those in the
financial sector--sometimes produce a product that is very bad. Not all do,
but many do.

They often want to sell their data--or use their data to sell something else
(pieces of paper!)--and this effects how the data is produced and what it
"says." Most government data producers do not have to "sell" their data to
survive and, so, the market factor that might corrupt their data generation
process is missing.

Of course there are honest and dishonest people in any data producing
operation. But when data is produced as a commodity (or  to help sell
another commodity) this tends to increase the role of dishonesty.

Eric.