Met an equities broker dealer who didn’t know what the Sharpe ratio is. Told them S&P has never beat its 1929 high adjusted for money supply, was met with confused muttering, NPC.exe has stopped responding.
You’re crushing it, anon. 
Thread
Login to reply
Replies ()
Thanks anon. I don't even have to do statistical analysis or debunk modern financial guru's like you have clearly shamed. I simply convert fiat to hard money and cold store. Job done.
Stay humble & stack sats
With respect, I kind of hate that platitude. It's as plain as day that that is the correct course of action that I find it kind of insulting to be that way advised. Others, of course, are not so well informed, so ultimately, I agree with your advise👍🏻.
Can only imagine how my experience in an MBA program will be like.
Hell
😂
Isn't the Sharpe rstio anyhow useless. The risk free rate of return is defined as T Bills. Like most financial models, they are abstract mathematical garbage.
They brought up “too volatile”
I agree though, volatility=risk is moronic framing. But given their job, it’s a concept they *should absolutely know* and I thought they would. Was trying to be accommodating to their fiat finance perspective.