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Wow. Wouldn't want to invest with that money manager. If that signal wasn't already well known, giving away secret sauce in a public interview is not a recipe f
by asdfasgasdgasdg 7y ago
Wow. Wouldn't want to invest with that money manager. If that signal wasn't already well known, giving away secret sauce in a public interview is not a recipe for outsize returns. But it is a well known signal so it's even less useful for investing.
If I've learned anything about the climate crisis from COVID-19, it's that we aren't going to solve the climate crisis unless it's more convenient to do so than not. COVID is a much more pressing problem than climate change and we didn't do anything about it until after it was already a catastrophe.
- leetcrew 7y agosatellite imagery is already a common tool used by hedge funds. the correlation between pollution and productivity is also an obvious one. it's an interesting tidbit for laymen, but he's not giving away anything specific enough to be used by adversaries.
- asdfasgasdgasdg 7y agoI think my concern would only be if he believes using that info could give him an edge. There are plenty of people, including many professional investment advisers, who believe that the obvious use of public info can give you the ability to outperform. If he's just explaining the relationship between economic output and pollution it's all good.