Friday, August 10, 2012

How and why investors struggle to follow their systems

This is really a fantastic article on the psychological side of trading.  I've mentioned many times that quantitative trading systems are easy to build, but hard to follow.  We always want to second guess the data.  Here's Greenblatt's take on that:

Joel Greenblatt on how and why investors struggle to follow the Magic Formula « Greenbackd:


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