129: Victor Haghani – Optimal Bet Sizing—Lessons From a Biased Coin Flip Experiment
Chat With Traders
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Where Can We Get a Bias Coin in the Financial Markets?
The clearest place to get a bias coin in the mmarkets is isbeta. There are no other related sources of data, similar sources of data out there. We can convince ourselves that equities should and do have a positive expected return above the respre rate or above inflation. Once you move away from that errand it gets really tough. I think if anyone's getting lost in this, which is quite easy to do, check out the paper. It'll be a chat with traders dot com t might make some of this a lot clearer.
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