Tl;dr version = this will be a lot of words about garbage in, garbage out! Key Highlights– The fundamental flaw in quant models is they are backwards looking and they assume that the past informs the future– Models that only work in “normal” times but fail in the tails are Continue Reading
How Baseball Free Agency Resembles Insurance
Yes, the title of this post is about major league baseball free agency. Yes, this blog is supposed to be about insurance and/or investing. Am I suffering from mission drift already? Well, maybe not. At times, I will explore things that are off topic where the situation reminds me of Continue Reading