That Has to Have Hurt
With the repercussions of the wild swing in the CHF still to be felt there has been some attempt to quantify the losses being faced by various FX providers. The table below was generated by FOREX MAGNATES
A Magician’s Best Trick: Revealing a Basic Human Bias
The guy had played us every step of the way. First, there was his “poor” performance at guessing—hey, we concluded, this guy puts on his pants one leg at a time. Then he complimented my son with “Hmm, you’re hard to read.” Next, The Magician gave a plausible explanation for my son’s success: “The experience…
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Hedge fund robots are crushing their human rivals
Its intriguing that they call trend followers robots – it is certainly robotic in execution but doesnt need a robot to execute. That’s a key lesson from 2014, when computer algorithm-led investing produced stellar returns, beating most gut-driven human managers and dramatically recovering most of their losses from 2011, 2012 and 2013. So-called managed futures…
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