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Stock market returns are lumpy. Get used to it!

Capitalmind Podcast

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How to Back Test Quantitative Investing

Back tested quantitative investing is a very different business. You have to be objective about everything because you can't back test subjectivity. And the last bit is where you have insider trading. People expect when I say stock markets to say 10%, 11%, 12%. They expect this entire thing to be like linear.

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