78 - Hacking Expectancy, or Breaking the Market? w/ Matt Hollerbach
The Trade Busters
00:00
The Asymmetrical Impact of Volatility Tax
If the distribution is skewed enough, then cutting off the left tail. A drawdown is hurts you more than a equal increase will help you. So we're actually taking advantage of the asymmetry. When you start getting very skewed, especially left skewed profile returns, it's not a good estimator. It's too low for something like selling options because the left tail so big.
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