David Ricardo, one of the greatest economists of all time, was also one of the most skilled quantitative traders ever.
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Perhaps it’s cheaper to learn from the quants than to hire them.
Multiplying the returns of the stock market by four might not be a good idea for most people.
The odds of finding the next superstock are incredibly low, but the rewards are incredibly high.
Approach all claims of market-beating patterns with extreme skepticism.
The odds of finding a stock picker who can do better in down markets have long been less than 50/50.