Archive
Author: Michael Covel
- May 18, 2006Theresa Lo Comment on Price
Theresa Lo offered a nice comment on price: “I know you’re used to reading financial blogs that opine ad nauseum everyday. I have no idea how they do it, nor am I…
- May 10, 2006Barry Ritholtz Follows Price Action Too
Barry Ritholtz adds a great comment on his blog: “We could merely guess – and all these calls for buying big cap tech stocks in the face of declining stock prices, decreasing…
- May 6, 2006Compounding Magic
Here is a take on “compounding” from a reseller of the Winton Capital trend following fund: “There’s a good rule of thumb for estimating realistic returns from equities over time. Take the…
- April 18, 2006Texas Trading with Salem Abraham
Salem Abraham has been at the trading game for many years now. His track record exceeds 18+ years (PDF). While his performance consistently grows, client restlessness never stops. Clients typically, and this…
- April 16, 2006David Druz: Robustness
David Druz, a trend follower with a lengthy track record, offered this tidbit on his web site: “The robustness of a trading system is proportional to its volatility. This is the no-free-lunch…
- April 4, 2006The Confusion of Risk and Volatility
Risk and Volatility are often confused. Read this (PDF) for clarification.
- March 29, 2006Volatility, Leverage and Returns
Investment banks spend millions upon millions to produce research. J.P. Morgan Securities Ltd. recently produced “Volatility, Leverage and Returns”. Read PDF. An excerpt: “We find, though, that active managers of bond and…