Investing by the Books cover image

#16 Robert Hagstrom: Investing - The Last Liberal Art

Investing by the Books

CHAPTER

Physics Base Models in Portfolio Management

i owe all these insights to bill miller. Bill, as you know, is famous value invest from the united states. He was the only got to beat the market 15 years in a row when he managed to leg mason value trust. And so sanape institute opened up the study of looking at markets and economies,. In other things, computer spina in computer ancon and on and on. Itt is a living system that evalvs, adapts, lerns, changes - more akin to studying biology than it is physics. I think we are seduced by that predictabilityd and that's why we're driven to physics base models. But in realityah, the

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner