1/ "... algorithmic is more likely to succeed [in short time windows] because this day, the market probably resembles a lot what happened yesterday.. further out, those things break down..." Dennis Lynch joincolossus.com/episodes/40040…
2/ "We're trying to win by time arbitrage or having a longer time horizon. I'm looking not this year's earnings, but three, five years plus out. And hopefully being able to then have the ability to stick with our positions .. ultimately it's a patience temperament edge." D Lynch
3/ Assume you have a demanding day job and do not have access to a team of skilled data scientists and software developers.
Are you more likely to succeed as an investor, without investing through a fund, based on:
Are you more likely to succeed as an investor, without investing through a fund, based on:
4/ "A huge part of thinking about a business is qualitative, which is handicapping what we call uniqueness, other people call it moats or competitive advantage. What's the underlying advantage that's sustainable? How does it compare to ones we've seen historically and currently?"
5/ "Michael Mauboussin has the idea of the markets being a complex adaptive system. What that means is markets are a learning machine and constantly updating aggregated process from all the individual participants. What that means is it's always getting harder." Dennis Lynch
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