An evaluation of the empirical evidence on risk-free drinking. Why Quant Winter hasn’t hit the beach yet. In this weeks review, instead of glass tumblers I’m settling for plastic cups (sorry Greta) and dig my feet deep into the sand enjoying the company of top quality women and cheap beer - or is it the [...]

Dietary wisdom Due to renovations we like to simply summarize our week with this amazing poem by Robert J. Wherry Sr., famous for his extensive contributions to statistical models for prediction and factor analysis as well as to Industrial and Organizational Psychology. Note the date of the source. Having a tremendously larger amount of computational [...]

Why pessimism sells but we like to be optimistic. Why you should study the Commitment of traders bible. The temptation of being a backtest billionaire. Our first review of 2020. We really needed some drinks after this week. A commander of the Iranian forces killed by a drone strike, oil and gold advancing on these [...]

Your weekly dose of liquid brainfood Our weekly review of things that caught our attention. Some things new, some things aged. Just like a good wine. From easily digestible to the hard stuff. Reflections on 2019 made simple: Use the BlackRock Geopolitical Risk Index as a substitute for year-end reviews Why Trend-following hasn’t performed [...]

Our weekly review of things that caught our attention. Some things new, some things aged. Just like a good wine. From easily digestible to the hard stuff. Discussed on Twitter and the Systematic Investor Podcast: The illiquidity discount by Cliff Asness. The main question of the article and the ensuing discussion concerns the question if [...]