2min chapter

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177: Superior returns from superior risk management – Laurent Bernut

Better System Trader

CHAPTER

How Do You Define Superior Risk Management?

So how do you er? What's a definition of superior? I mean, it's a pretty loose kind of a terminology. It's e theoryo is, let's ot with the outcome. Investors will always tell you, i want have good returns. And then they react to drawdowns. They react ted draw downs in three predictable ways. Never test the patience of your investors. If you can weather draw down, then you're going to be fine. So when i'm talking about superior turns, is actually controlling draw down. This is really the essence of what going to be talking about to day.

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