Goodhart’s Law: When a measure becomes a target, it ceases to be a good measure. The Sharpe ratio has changed investor behavior. We chase the metric rather than the underlying quality it is trying to assess, and there are plenty of situations where the Sharpe is a...
A big step ahead in stochastic PDE?A paper so good, it must have been 'written by aliens'?Congratulations Mr. Hairer. Plus you are making Mr. Zuckenberg poorer, so you really deserve our appreciation. Credits to Ian Sample, Science editor at The Guardian.
If you open a brokerage account, you sign the disclosure and the liabilities with your blood. 1 - The markets can go against you fast, really fast. It happens more often than people think and than math says. 2- Your broker-dealer has the legal right to recover your...
Click here to follow Gontran de Quillacq
If already following, go to LinkedIn profile
