It took the industry more than 200 years to transition from a 100% discretionary selection systems to rule based portfolios. The first mutual fund was founded in 1775. The popular benchmarks were established by Charles Dow and Henry Varnum Poor in 1880’s. This was when benchmarking performance to an Index started. After the Great Depression […]
On Saturday, March 12th, 2016 Bucharest Stock Exchange will organize the 4th edition of the Individual Investors Forum in Bucharest. Similar to the previous edition of the Forum, the format will accommodate both beginning and advanced investors by providing two parallel and specific agendas for each category of the investors. Location: Chamber of Commerce & Industry of Romania Business Centre, 2 Octavian […]
We are verrrry excited to see the new tables from Tralio. Thet are totally automated, awesome numbers, can’t wait to release the first 10 portfolios. They will be India50, India100, US500, US100, Canada60, Canada100, Europe50, UK100, Romania10. Any thoughts which equity portfolio should be the tenth one? Below is the RMI US 500 against the […]
These are the performance numbers of the NASDAQ Orpheus RMI US Value Growth 20, Year to Date vs. NASDAQ Benchmark, NASDAQ 100 and S&P 100. Our claim that combining Value and Growth is the smarter Beta approach, is in its first year of validation. The RMI has outperformed the NASDAQ benchmark, NASDAQ 100, S&P 100 by 9.66%, 3.28% […]
Intelligent System Over the post event dinner at the Princeton – UChicago quant conference, the conversation veered to the definition of an intelligent system. My co-speaker (a physicist) from the conference defined intelligent system as a system that is entropy reducing. Science and Markets Connecting entropy with intelligent systems was brilliant not only because we […]
The Princeton – UChicago Annual 7 Nov 2014 Quant Conference Mukul Pal speaking on Data Universality Prezi Presentation Why should an investment analyst need a special skill set different from that of a sports analyst, a beverage company executive, a scientist, a social change agent, or the key decision makers in the government. Data, and its interpretation, is what connects us all despite […]
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 New Passive ” – 20 Oct 2013 The investment business is primarily about beating a sector benchmark, or peer funds, or simply delivering more than a composite index. Though 90% of the money managers fail to consistently beat the benchmark, delivering more than the benchmark is considered as a filter which separates the […]