mark brown said he found the holy grail.

Many have thought and have said the same thing, only to see their "grail" disintegrate over time and/or position size increases.
 
Quote from trend2009:

Mark Brown said he found the holy grail, which is just one page code. if it is so simple, why so few found it and it took so many years for his team to get where it is? does any one have idea what status of his so called holy grail? if it is true, would not he be another renaissance tech?

http://www.markbrown.com/client_content/projects/research/trading_research/xfiles/

I'm not that skeptical. There are very, very simple things that work as well as some more complex ones... and I've done R&D most of my adult life, the story at Mark's page is very familiar... and the idea that human preconceived notions outweigh real thinking is very muchly at the core of human failure... the story resonates...
 
I am not that doubtful either. the question is: if he found the holy grail, should he be another james simons?


Quote from maxpi:

I'm not that skeptical. There are very, very simple things that work as well as some more complex ones... and I've done R&D most of my adult life, the story at Mark's page is very familiar... and the idea that human preconceived notions outweigh real thinking is very muchly at the core of human failure... the story resonates...
 
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