It’a funny, I thought my life would change when I had a baby, and it certainly has, but one thing I didn’t count on is how much more time I would have. He sleeps, and he eats. That’s it for now. So I’ve been either home or at the office and I’ve consumed more content in the past three weeks than over any other three week period in recent memory. I know that will change quickly, but in the meantime, I wanted to share some incredible stuff I read this week.
“Timing strategy backtests can be vulnerable to look-ahead biases. In particular, the use of in -sample spreads may over-fit the past and under-deliver in the future.”
Michael Batnick is a managing partner at Ritholtz Wealth Management. He is the co-host of Animal Spirits, What Are Your Thoughts, and The Compound and Friends. For disclosure information please see here.
Get a Full Investor Curriculum: Join The Book List
Every month you'll receive 3-4 book suggestions--chosen by hand from more than 1,000 books. You'll also receive an extensive curriculum (books, articles, papers, videos) in PDF form right away.