In the realm of system analysis, Complex Adaptive Systems (CAS) stand out as fascinating yet challenging subjects. These systems, found in diverse fields from ecology to economics, exhibit properties that defy traditional quantitative analysis methods. In this episode we delve into the intriguing world of CAS and explore why conventional quant techniques often fall short in unravelling their mysteries. By looking at financial markets as a CAS, it challenges the way we identify opportunities and manage risk as these financial systems are inherently adaptive and non-stationery in manner. This therefore introduces aspects of investment risk that are often hidden in plain sight to traditional statistical measures.
273 Systematic Investor Series ft. Richard Brennan – December 9th, 2023