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It says that most investors would be better off simply buying a low-cost index fund that holds all the securities in the market rather than using either quantitative models or intuition in an attempt to beat the market.
WSJ: Book Review: Models Behaving Badly
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Rather than the interaction pattern analysis which is essentially a counting or quantitative problem, we are now looking for the deeper meaning, a qualitative problem.
FORBES: Finding Influencers and Influential Events On The Social Web
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In an interview for the Aberdeen Press and Journal at the weekend, the Bank's chief economist, Spencer Dale, said it would not be appropriate for the BoE to restart its quantitative easing programme if supply-side problems, rather than a lack of demand, were the reason for the UK's weak economic recovery.
BBC: Is the Bank of England doing enough?