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

Latest posts

Leave a Reply

Related posts

  • November 16, 2011

    The return of a hypothetical fund was 17.9% in 2010.  We want to know if that is good or bad. The benchmark method The assets in the portfolio are [...]

  • November 7, 2011

    Financial mathematicians have built an increasingly elaborate structure around the idea of “the market” ...  In this article, I intend to challenge some of these foundational concepts with the [...]

  • September 19, 2011

    Investors need to distinguish between good and bad active fund managers.  Relatively new technology makes this much easier. The usual methods benchmark One of the common approaches is to [...]