Trade like a Quant Bootcamp - Robot Wealth
Stocks usually only go up. Negative stock market returns occur, on average, only once every four years.
My favorite trades are those which are likely to pay off even if our active views are wrong.
If I’m trading stocks actively to the long side, for example, then, even if I’m wrong about the stock that we’re trading, we’re quite likely to make money anyway.
Trade like a Quant Bootcamp - Robot Wealth
Trade like a Quant Bootcamp - Robot Wealth
Trade like a Quant Bootcamp - Robot Wealth
Luck, Annual Drift = expected return
Green = luckiest, black medium and red, unluckiest