Sunday, March 4, 2018

stok notes: "Edge" (04 MAR 2018)

Professional money managers like to cite four sources of “edge,” or potential for outperformance: information, through faster, better or more data; analysis, the ability to outthink other investors; behavior, or superior patience, independence and self-control; and structure, a business systematically organized to maximize all those edges.

https://finance.yahoo.com/news/wager-appears-just-too-big-050100774.html