I'd forget about this whole thing.
imagine how many thousands if not millions people are looking for 'cheap'.... there is no value in value because it's too easy to be efficient.... arguing these publicly known numbers will bring ZERO alpha.
you look at how I view the market, among the few who are reading this shit.... the alpha comes from reading the other players' cards, smart and dumb..
that's how the same players get to the final table of the world poker tour over and over.
check the goldman sachs trading arm, how many years are they in the money, in a row.... why... them smart boys are gaming them dumb money, that's alpha.
looking for cheap, aka value, is waste of time.
imagine how many thousands if not millions people are looking for 'cheap'.... there is no value in value because it's too easy to be efficient.... arguing these publicly known numbers will bring ZERO alpha.
you look at how I view the market, among the few who are reading this shit.... the alpha comes from reading the other players' cards, smart and dumb..
that's how the same players get to the final table of the world poker tour over and over.
check the goldman sachs trading arm, how many years are they in the money, in a row.... why... them smart boys are gaming them dumb money, that's alpha.
looking for cheap, aka value, is waste of time.
