"Whereas “uncorrelated” random variables such as test scores splay out into the bell-shaped Gaussian distribution, interacting species, financial stocks and other “correlated” variables give rise to a more complicated statistical curve. Steeper on the left than the right, the curve has a shape that depends on N, the number of variables."
Well if you want to understand a concept that helps to define what type of risk-taker you are and clear up any mistaken notion of what Crisis Alpha means.....then why not go to the fountain-head. Those in the know in the trend following camp were able to understand the nuances in the term devised called… Continue reading Dotting the i’s and crossing the t’s on Crisis Alpha – What Katy *Did*….ooops *Said*
What a great discussion was had with very capable thinking minds that occupy the Diversified Systematic Trend following space. Plurality of viewpoint is just so important. The best one liner of this episode was when Jerry said to Niels...."If you took my viewpoint then I would have taken yours....and if I had taken your viewpoint,… Continue reading you say tomato i say tomato
It could have been further simplified and injected into my arm....but this is about as simple as it can get without the need for hospitalization. An excellent summary of how the economic machine works in moving pictures. 🙂 https://www.youtube.com/watch?v=PHe0bXAIuk0 Trade Well and Prosper Rich B
You are clever aren't you? You have that method.....that spectacular method that no one has seen, let alone heard of. Wait till the world hears about me now? You have to think laterally as you don't want to give the entire game away.....but you know there is at least one final hurdle. That all important… Continue reading There are the early birds (the clever Investment Manager)…..and then there are the wise owls (the Portfolio Manager)