Mar 30, 2021
This is “ReSolve’s Riffs” – live on YouTube every Friday afternoon to debate the most relevant investment topics of the day.
“Drink once every time someone says "rebalancing", twice for "geometric", thrice for "ergodicity". Leverage these amounts by 2.7x for the full Kelly experience”. This was the opening salvo from our guest, the once anonymous author of the popular Breaking the Market Blog, now revealed as Matt Hollerbach (founder of Pronghorn Analytics).
With a background in mechanical engineering, he has applied his analytical and mathematical background to challenge a variety of once-sacred investment beliefs, generating thought-provoking articles that have prompted wide-spread discussion.
Our conversation included:
Matt also explained the underlying mechanics of his strategy, and shared some of his favorite return metrics and other insightful concepts borrowed from various disciplines. If you’re planning on grabbing a drink to play along, make sure it’s not too strong.
Thank you for watching and listening. See you next week.