
Ep. 336: David Dredge on Sharpe Ratio Fallacy, Capturing Upside and Managing Uncertainty
Macro Hive Conversations With Bilal Hafeez
00:00
Mean, Path Dependence, and Convexity
David explains why optimizing to arithmetic means ignores path dependence and why upside volatility should be rewarded.
Play episode from 03:11
Transcript


