011: Ralph Vince talks position sizing, the different applications of optimalf, trading horizon, diversification and his changing views over 25 years.
Better System Trader
00:00
The Distribution of Returns - Should It Be Recalculated?
In an ideal world, you estimate your distribution of returns and as the returns come in, they fall within a what you expect given that distribution. We get events like two thousand eight, and everybody's distribution goes out t which is also why, let's say we build the distribution ark of past empirical data. So should it be recalculated after if ye tried? Ah, not really. I mean, unless unless that grossly alters the distribution of returns.
Transcript
Play full episode
