The Trading Think Tank

Featuring Jerry Parker, Richard Brennan, and Moritz Seibert. Hosted by Simon Mansell.

Recorded on May 1, 2024

A farmer throws many seeds, a tennis player hits more than one ball, and a trend following trader places many probing bets in the markets, using a consistent risk budgeting framework for statistical equality.

Where we, that is Jerry Parker, Richard Brennan, and Simon M, all agree, is this: Diversification benefits are gratis. There’s no cost other than having the computer run a few more lines of code.