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...or we've stumbled on a really good investment strategy: 1. buy a random stock 2. hold for 20 days 3. profit! currently #2 on leaderboard before I got bor
by joshwa 19y ago
...or we've stumbled on a really good investment strategy:
1. buy a random stock
2. hold for 20 days
3. profit!
currently #2 on leaderboard before I got bored.
I wonder what the capital gains impact would be...
I suppose it's rather like investing in an index fund, with a bit more volatility :)
- henning 19y agoOften times mechanical trading strategies discussed in papers that use fancy math and algorithms don't consistently beat buy and hold.
- byrneseyeview 19y agoYou'd assume that the average algo strategy does worse, if only because it's an average portfolio plus extra transaction costs.