Disruption Disruption is happening all the time. And it will happen in the active investing business too. What is active investing? Anything which starts from intraday trading to mutual funds to hedge funds can be bundled as active investing. Anything which is designed to conserve capital (even if it does not) and deliver absolute returns […]
Like other anomalies, I remember the year ending in ‘5’ anomaly of 2005. The “anomaly” was that year ending in ‘5’ tend to be positive. It was last trading day which nudged the year to positivity. I think it was 31 Dec, which moved up 67 points and put the otherwise sideways year into glory. […]
Letting it run. India’s lack of performance was in the news all this year. Hence RMI India’s model portfolios had to face the heat themselves. What will happen? Will RMI India 30 do well? Is it a low correlation year for it? Will this be an underperforming year? Will it conserve cash atleast? We listened […]
For all those who believe there is no holy grail, in global markets there is one, it’s beating the S&P500. You beat it, you prove it, and you have challenged the holy grail. It’s the most popular benchmark, with the most history, with the most assets under management. There are more than 10 ETFs based […]
Is there was a way to build a portfolio of non-leveraged short positions? This is new territory because industry’s focus on building models for a long only focused market, but also because short, and long-short enter the alternative or hedge territory, an underrepresented segment globally. The idea of a short index does not exist while the short […]
Cred că viața trecută am fost un transilvănean When I first met him, I had the feeling that a movie star was in front of me. He looks like a movie star, but he thinks like a visionary. He comes from India, the largest democracy in the world, a country with an incredible past, and […]
The Worst 20 style is about selecting the worst 20 percentile components from the Universe, which is ATX Prime here. This is a 6 month rebalanced portfolio and is more about worst outperforming the best and the universe. This style is not a cash conserving absolute return model, but about beating its respective peer universe. The […]
I was invited to speak at the Princeton – UChicago quant conference on Nov 8 by Illinois Institute of Technology, Stuart School of Business. Chicago was a bit sunny when I arrived (a week later came the tornadoes). Confused between south and north, using Starbucks as reference points we moved around the city hopping business […]
OCADO is a running signal in the RMI Active UK 20. And the stock has moved up 50% in the last 95 days. This is definitely an outlier, but that’s what RMI does identify negative outliers at low-risk entry points. A few of them just end up moving from the worst to best, like OCADO […]
OCADO is a running signal in the RMI Active UK 20. And the stock has moved up 50% in the last 95 days. This is definitely an outlier, but that’s what RMI does identify negative outliers at low-risk entry points. A few of them just end up moving from the worst to best, like OCADO […]