"Finance is dominated by randomness. Randomness is everything. Because randomness is everything, you need to be uncertain. You need to have a lack of conviction and dogma in certain things. Because you want to be able to prove certain things are wrong." (Ewan Kirk - Cantab Capital)
You like the idea of proving a strategy is broken rather than it is right. This was the question Michael Covel asked Ewan Kirk of Cantab Capital during one of his recent trend following mega episodes. The answer was fascinating: I don't think I'm the first person to come up with that. Effectively that is the scientific … Continue reading Let’s kill it!