Graham Giller
Mar 8, 2022

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The basic thinking is that the quality of your returns scales with the quantity of your information and your ability to make repeated bets. So a low IC that you can trade at high frequency is better than an high IC that you can only trade infrequently. And it’s √N because that’s how independent random numbers behave fundamentally… that’s the Law of Large Numbers, a “free gift” from the Universe.

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Graham Giller
Graham Giller

Written by Graham Giller

Predicting important variables about companies and the economy, I turn data into information. CEO of Giller Investments.

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