One hundred million users in the US, a market size of almost $70 billion, and growth rates ranging from 4.8% to almost 10% – these sound like the descriptive statistics of a thriving and successful industry[i]. Perhaps, but consider that the underlying problem this industry is trying to solve is getting worse, not better. I’m… Read more »
Tag: risk management
The Value of Stopping
In November, The Ringer’s Danny Chau published an article about the unique abilities of NBA superstar James Harden, whose absurd level of play this season has made him an MVP favorite. In the piece, Chau recounts a conversation with Dr. Marcus Elliott of P3 Applied Sports Science, a performance facility that uses advanced technology to test the… Read more »
Trend Follow Everything: Bank Woes and Risk Management
As media outlets, governments and markets react to the continuing troubles of Deutsche Bank (NYT, BBC, Bloomberg, Atlantic), our research staff was both eager and curious to examine the potential impact of adding a trend following system to DB’s stock, as well as to those of fellow sector firms Credit Suisse and Citigroup. The recent woes of these… Read more »