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1,000,000 And Counting…….

December 4, 2014

1 million

Yesterday this blog reached the milestone of having over 1,000,000 page views. Sure, it is about equivalent to a popular James Altucher post, but to me it is a major milestone, and I would like to thank all of the readers who have supported this blog over the last few years- even when I took long breaks from posting to spend time working at my various day jobs. Writing this blog has been a labor of love so to speak. It has also given me back a lot more than all the free intellectual property and concepts or ideas I have shared. I have met so many different talented people, and been exposed to work in many different and interesting areas of the investment industry.

When people ask me why I would ever freely share my ideas instead of keeping things to myself and maximizing their market value– I would tell them that I if I had to do it all over, I would absolutely do it again. We are entering a new era where sharing and collaboration will (and already has) build more value than guarding and monopolizing information. The collective and the team will triumph over the individual. Gone are the days of worshipping gurus on CNBC, and instead we have a marketplace where smart people with access to technology can create quantitative systems that can potentially put to shame some of the best human portfolio managers. But to be able to build a sustainable edge requires a strong and open research culture, and effectively integrating the diverse talents of multiple individuals.

I hope to continue to share my own learning process and random musings as long as I can. And since I am still somewhat young and somewhat foolish, I have plenty of time and potential to improve. If there are topics that you find especially interesting that I have not yet covered- or covered in enough detail- please leave me with some ideas in the comments section. As always, I would encourage anyone who wants to share their work with some of the ideas presented with me as I would be more than happy to post them on this blog.

best,
David

6 Comments leave one →
  1. Riccardo Ronco permalink
    December 4, 2014 6:01 am

    Dear David,

    It is always a genuine privilege to read your work. Thank you

    Riccardo

    Riccardo Ronco
    Head of Technical Analysis

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  2. markettrendchanges permalink
    December 4, 2014 1:10 pm

    I must join Riccardo, and thank-you for sharing your work with us all.

    • david varadi permalink*
      December 5, 2014 3:48 am

      thanks riccardo
      best
      david

    • david varadi permalink*
      December 5, 2014 3:48 am

      thanks markettrend,
      best
      david

  3. December 8, 2014 1:04 pm

    hi david,

    congrats on the 1,000,000 page view! keep up the great work.

    i know you’ve addressed this to some degree in prior posts and work (like your 2013 wagner paper) but i think more work around asset allocation would be helpful. for example, how should a person invest for retirement – the common set-up nowadays is a target date fund – but does that make sense? what sorts of improvements could we make to better empower investors to meet their goals (goals based ALM etc could also be things to explore).

    • david varadi permalink*
      December 9, 2014 1:38 am

      hi drc, thank you. i will look into your suggestion for some posts in the new year. thank you for your suggestions. it is as you may know a very complex topic with multiple feasible solutions- each with their pros and cons. perhaps a different spin on things would be valuable.
      best
      david

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