Asymmetric Investment Returns Resources articles

Anecdotal Evidence Definition

Anecdotal: not necessarily true of reliable, because based on personal accounts rather than facts and research: while there was much anecdotal evidence there was little hard fact; these claims were purely anecdotal.

Source: The New Oxford American Dictionary

Anecdotal: based on personal observation, case study reports, or random investigations rather than systematic scientific evaluation: anecdotal evidence.

Source: Dictionary.com 

Anecdotal Evidence: Evidence, which may itself be true and verifiable, used to deduce a conclusion which does not follow from it, usually by generalizing from an insufficient amount of evidence.

Source: Wikipedia

The contrast of anecdotal evidence is scientific evidence. Scientific evidence has no universally accepted definition but generally refers to evidence which serves to either support or counter a scientific theory or hypothesis. Such evidence is generally expected to be empirical and properly documented in accordance with scientific method such as is applicable to the particular field of inquiry.