My missed opportunity with random portfolios

January 16, 2013

The Observer tells of a ginger tabby named Orlando who selected a random portfolio that won an investment contest.  Meanwhile I have a gray tabby here on the desk doing nothing.  All that effort to write software to generate random portfolios efficiently when I could have been using cat power instead.

Not a single random portfolio out of Alfred Lord T (so far) imm008

Hat tip: Dirk @eddelbuettel

Leave a Reply

Related posts

  • December 17, 2012

    Historical Value at Risk (VaR) is very popular because it is easy and intuitive: use the empirical distribution of some specific number of past returns for the portfolio. Previously [...]

  • November 26, 2012

    Performance analysis of an example portfolio. The portfolio We explore a particular portfolio during 2007.  It invests in S&P 500 stocks and starts the year with a value of [...]

  • September 10, 2012

    The paper is "Not Fooled by Randomness: Using Random Portfolios to Analyze Investment Funds" by Roberto Stein.  Here is an explanation of the idea of random portfolios. Favorite sentence [...]