Many people have heard the term evidence-based medicine and would not trust their health with any other approach, but few people have heard of evidence-based investing. So, what is evidence-based investing or EBI? Very generally, it is how science is done in the application of investing. More specifically, EBI is the field work of investing science where data are continuously collected, organized and analyzed by professionals who are academically trained in the science. As with any science, EBI demands a rigorous, objective and meticulous analysis of data. Most people wouldn't place their trust in a doctor who didn't follow evidence-based medicine, so why do most not follow the evidence when it comes to investments? Read more here.