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108: John Netto – Being a Versatile and Adaptable Trader, While Testing Your Comfort Zone

Chat With Traders

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How Much Research Do You Spend?

I read in your book that you estimate you spend around $80,000 per year on third-party research. What do you get, is that such an added benefit that you couldn't come up with yourself based on your experience? I mean, if I am not researching themes and topics and ideas and finding edges,you know, that takes away a lot of the P&L. So for me, it's about okay. I spent that. There's value on both an absolute basis in terms of what I get because that research also contributes to my processes that I'm developing for the next 10, 15, 20 years.

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