@PredMTrader the best part of this was a comment in Ideas (my paraphrasing: "Warsh said raise but cc said raised") that tipped him off on this. $50k of alpha given away.
Get your best ideas from Ideas!
@CynicalPublius Dr. John Cowan has my Complete and Total Endorsement to be the next Representative from Georgiaโs 11th Congressional District โ HE WILL NOT LET YOU DOWN!
@bonchieredstate The US would be whining like you wouldn't believe if this happened to us. Probably have an executive order and a congressional hearing about it as well.
@alch3my101@ManningSla19960 Well that crystallizes the issue. You have a very significant constraint. I think sizing up (outside of fv 99.9) SHOULD be a problem for you.
In your situation, if you have a truly sustainable edge you can demonstat3 in mkts w/ liquidity, you should be trying to find a backer.
@alch3my101@ManningSla19960 you may have created a circular problem by anchoring to goals. By not applying a fractional or adjusted kelly, you are artificially capping upside in a category that currently has absurd/unsustainable level of edge.
The goal should be optimization w/ a variance constraint.