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January 7, 2020 08:59
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The Man Who Solved The Market
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| https://www.penguinrandomhouse.com/books/557104/the-man-who-solved-the-market-by-gregory-zuckerman/ | |
| - Hiring smart people and letting them tinker | |
| - Trial & error | |
| - Internally: open and share | |
| - Copious amounts of good data (good = cleaned up, accurate, long history) | |
| - Short signals seems to bring most of the performance, the longer-term fund isn't performing as well. Because more people have time to hop on long term signals? They are easier to find (data more accessible)? | |
| - statistical significance > having an explanation for the phenomenon |
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