ReSolve Riffs with Andy Constan about Successful Macro Trading on Liquidity, Flows & Sentiment
Resolve Riffs Investment Podcast
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How Do You Construct a Beta?
Bridgewater is one of the most sophisticated institutions in the world, dedicating hundreds of thousands of hours a year to incrementally improve their investment process. If they have a point eght, sharp ratio on a particular strategy, which is a measure of your return versus risk, it's a home run for the year. But what we often observe is that that pasificity is a function of recency bias. And if we look now, you see this great predominance of us 60 forty, which was nob s years ago. Back in the in the mid knots, it was a case of making sure you had maximum exposure across emerging markets and commodities.
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