Tag Archives: Jim Simons
Many of us who were trend-followers in the 1990s find the current notion of equity trend-following sort of peculiar, if not amusing, due to hindsight bias effect.
Neal Berger, the CIO of Eagle’s View Asset Management, thinks trend-following and other “pedestrian” quant strategies, such as momentum, won’t survive due to lack of dumb money. I have also been saying this for a few years.
I avoid to attack fellow bloggers when I think they are wrong and I have never written that this or that person is wrong or, for example, that he knows no statistics. All people make mistakes, especially in a hard … Continue reading
In this article I include evidence that was not explicitly presented in a recent TED interview of Jim Simons, where he said that trend-following stopped working long ago. In fact, short-term trend-following was arbitraged out in the 1980s.