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Epsilon Theory on Tape: Good Job!

Epsilon Theory Podcast

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The Convexity of Performance Above Replacement

The concept of convexity is at the heart of performance above replacement. This manager clearly has a positive p a r, meaning that she improves the performance of your portfolio versus what you would have done with a passive replacement strategy. The three body problem in exactly the same way that ity has beena absolutely useless as an investment factor for the past eight and a half years.

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