When backtesting a portfolio strategy, you have to decide how far back to look. Should you use all available data, stretching back decades? Or should…
Leverage can be a powerful tool in increasing your returns, but it must be used very carefully. This brief guide will attempt to cover margin,…
The Nature of Financial Data Late last year, Marcos M. López de Prado, a hedge fund manager and professor who has pioneered machine learning in…
At the beginning of 2022 I hit on a better way than going short to hedge my long positions: buying cheap put options on stocks…
The Importance of Portfolio Management I’ve had a successful run as a retail investor, with an eight-year CAGR of 44%. I attribute my success to…
Note: The M Score is used to identify companies that are engaged in manipulating their financials. I am using pseudonyms in this article and changing…
2022 was an excellent year for me. OK, I didn’t make as much from my investments as I did in 2020 or 2021—who did?—but a…
I recently performed a study of over fifty different value factors to see which performed the best. (Admittedly, a lot of them are similar.) The…
When we trade individual stocks, we incur transaction costs. The purpose of this article is to explain these costs, quantify them, and help you avoid…
Did you know that European stocks are easier to profitably trade than North American ones? That seems counterintuitive, doesn’t it? Information about them seems hard…