Behavioral and structural opportunities will persist until both human nature changes and academic / industry practices are radically reformed.
After several years of allocating to hedge fund managers who employed pattern recognition and other systematic trading strategies, we began to recognize a pattern of our own.
Results in live trading rarely approach those developed in back-tests. It’s not that the math is wrong. It's that these simulations are consistently based on false assumptions. And unfortunately, most managers start with identical, false assumptions. Even more concerning, the nearly universal approach to developing these systems - “torturing data with false assumptions” - is incapable of adapting to continuous market changes.
At Reformation Technologies, we look for sustainable and deep behavioral and structural opportunities. Pattern recognition, data mining and optimization are for the other guys.
Company Details
- Address
- 10 Wright Street,
- Industry
- Financial Services
- NAICS
-
Finance and InsuranceMonetary Authorities-Central Bank
- Keywords
- Systematic Investments and Futures.
- HQ
- Westport, CT
- Competitors
- InteleK Business Valuations & Advisory.
Reformation Technologies Llc Questions
Reformation Technologies Llc's website is http://www.reformation-technologies.com
Reformation Technologies Llc's LinkedIn profile is https://www.linkedin.com/company/reformation-technologies-llc
Reformation Technologies Llc's industry is
Financial Services
Reformation Technologies Llc's top competitors are
Intelek Business Valuations & Advisory.
Reformation Technologies Llc's categories are Financial Services
