Paradox of Alpha Uncertainty
free-ish article: just RT & leave email in form
If you read exchanges btw @__paleologo & @0xfdf on port opt, or gappy's book ch9 but you don't really get it, this article uses crayon drawings to partially explain
TW: has the word "eigenportfolio"
I propose a new method to settle all Twitter arguments. The first side who eventually uses "you're" when they should've used "your" or vice versa loses.
I have observed people have already been informally using this system. Peace in our time.
@bleedsixcolors I feel you are the best suited to address this -- why did Apple introduce the slash through volume control (instead of no sound waves) to indicate mute?
https://t.co/TyQfjf5XzS
“The only way that we will convince businesses to do good and move away from profit maximization as a primary focus will be by holding them legally accountable to do so.”
This word “convince”? I don’t think it means what you think it means...
We are in a severe recession. My current thoughts for both companies and investors.
Take them with a large grain of salt as I am partially thinking out loud and reserve the right to change my mind. Feedback and criticism would be appreciated.
https://t.co/4d7kuA3Rhq
OK, here's the new piece!
The Earnings Mirage: Why Corporate Profits are Overstated and What It Means for Investors
Executive Summary (from @patrick_oshag): https://t.co/DRQOGYZLWy
Main Piece: https://t.co/NH5YibqHtY
Hope you enjoy!