Recent articles that I found interesting and made me think. For more articles see the quant mashup Quantocracy.
“The ETF can’t be more liquid than the underlying, and we know the underlying can become highly illiquid.”
“Rational, experienced people understood that an ETF with holdings that were down an average of 5% should not have a share price down 30%.”
‘Chasing the Investing Unicorn: Give me “High Returns with Limited Risk”’
“However, given this knowledge that models beat experts, forecasters still prefer to use the human (expert) prediction as opposed to using the model.”
Good Quant Trading,