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TTU121: Trend Following... from Optional to Essential ft. Nick Baltas

Top Traders Unplugged

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The Second Way Is to Run a Regression, Right?

We looked into the flows. So we took a CDA database, we took the returns of it in every CDA,. We took obviously the assets and then you can back them out. And basically the story here is that, you know, if the flows have an impact on performance, you should expect some sort of negative exposure between the two variables statistically significant. But we didn't find anything. If you were to run it on a rolling basis, it was going to go positive and negative. so there was no information whatsoever. The second thing we did, which I think was even nicer,  we basically said, let's assume for the sake of illustration, right? That the

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