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Richard Craib — How to Open Source Finance (EP.169)
Infinite Loops
How to Make Money in the Stock Market
The average of all people's guesses on a particular thing was much closer to the actual weight and in fact, often closer than the winning single entry. The way we score you is based on how good your model is at predicting residual returns. It takes about a month for us to know how well you did. We evaluate you over a month horizon. And then we say, well, look, you have a 3% correlation with the targets. So we're going to grow your stake by 3%.
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