- Joined
- 7/17/08
- Messages
- 307
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- 38
Finished reading Thorp's "Beat the Market" recently, largely dealing in holding hedged portfolios on shorted warrants etc. For various reasons, I can't mimic this investment strategy in my local markets, but I'm wondering out of interest, has anyone on this forum a) read this book and b) attempted to base an investment strategy along the lines of Thorps: i.e. hedged convertibles etc.
Seems to me that its very rare that any of the people I know who work in finance actually use their skills to try to invest in anything more exotic than a "long shares" strategy, and I'm interested in commentary as to why this might be so. Thoughts?
Seems to me that its very rare that any of the people I know who work in finance actually use their skills to try to invest in anything more exotic than a "long shares" strategy, and I'm interested in commentary as to why this might be so. Thoughts?