Circle Of Competence Issue #7
Neat work on the correlation between oil prices and energy companies.
As the saying goes, the bond markets lead the equity markets, I am sure fixed income investors are watching this like hawks.
See the study linked in the article for a deeper dive into hedge fund alpha and it’s relationship to a fund’s trading activity.
We’ve heard about this new entity, but still not much substance. I’ll be watching this closely.
Department of Blogs
First article I’ve read by this blog, but a solid short read on why backtested strategies in quantitative investing can be tortured to give you good returns (classic over-fitting for you machine learning folks)