@RMBee Your vlogs were everything to a young kid! The magic and excitement was unlike anything I had felt before. Movie missed the mark for me but will cherish that period forever
@dampedspring@ftraderft Hi Andy- I know credit spreads are tight. But given growth + high all in yields + equity valuations do you think HY credit is interesting to reduce equity beta yet still participate in pro risk market
@BobEUnlimited please launch your macro strategy in a return stacked etf on top of global multi asset beta! Aqr is getting hundreds of bps on their fusion MF series. Current return stacked ETF suite is low quality
@dampedspring Has always been a challenge at every institutional asset management firm I’ve been at- I could care less about how great your companies are- if the market multiple is contracting that is going to usually overwhelm your precious earnings growth! Simple math!
@GlennDOrdway since the think they are being clever with statistics I’ll say that on balance in a large enough sample size (ie a full season) this style is the most efficient. In smaller samples (ie a playoff series or any individual game) it’s much much murkier given dispersion of shooting %
@dampedspring It’s an amazing time when retail folks can get info like this for free to help them build and secure their financial futures. Critical given the average advisor is a used car salesmen, could never define any portfolio construction technique
@_TruthOutThere@dampedspring DBMF is a replication strategy, completely different. Doesn’t trade anywhere near the number of markets or timeframes. Only has about 12 positions