You do realize that even the mighty PTJ has 25% returns with a max drawdown of 17%. The Medallion was down around 40% during the Aug 2007 quant...
I would make the distinction between someone trying to accumulate wealth versus someone trying to preserve and grow existing wealth perhaps...
Make sure your investors and you are on the same page with regards to expectations and acceptable pain thresholds. Once you know what drawdowns...
âI learned long ago, never to wrestle with a pig, you get dirty; and besides, the pig likes it.â G. B. Shaw
There is nothing theoretical about the issue I raised. If you make your money in a job and trade as a hobby then I agree, you can ignore what I...
Say someone wants to build a track record. They save enough to cover 10 years of living expenses. To cover the living expenses and to stay ahead...
The inflation deflation cycle has been around since forever. You can go back to ancient Rome and see that Caesar had to deal with real estate...
It is a legitimate worry but better to think of it this way. What course of action, when using this strategy within its window of opportunity,...
You need to adjust nominal values by the debasement of the unit of account. Otherwise one could be fooled into praising Zimbabwe's economic...
Who said QE did not work. It pumped up the asset side of the banks balance sheets, and enabled painless deficit spending by politicians. That...
MSFT transitioned from a fast grower to a cash cow. During this transition the stock is in no man's land, growing too slow for a growth manager...
Would be nice if that were so. You are ignoring the fact that half goes to taxes, and business and living expenses eat a good portion of the rest.
The basket of goods defining the relevant rate of inflation is different for different people. The Shadowstats inflation is typical for an...
Good luck Maverick. Makes sense to run stock/ETF strategies in addition to your futures/options strategies. Does that mean that the 6.6...
Never is a strong word. http://blog.mises.org/6491/zimbabwe-best-performing-stock-market-in-2007/
Assessing a charge on cancels will not cure the fact that you, as retail, are last in line to get filled. Any changes to the market structure...
without warranties
I would say it is the red queen effect. It takes all the running you can do to stay in the same place. The longevity of an edge seems to be...
Ghost, I think you need more than just the win rate to get a handle on the distribution of drawdowns. That's because most drawdowns are made up...
Splitting legs between brokers definitely makes it difficult for someone to understand what you are doing. However, I do not have enough capital...
Separate names with a comma.