You Heard it here first folks: You’re Entering “The Gambling Zone”


That said, there is something in this story absolutely worthy of discussion. Even in this type of ludicrously unpredictable market, creative diversification nevertheless can and does produce real results:

“Winton, the world’s largest quant fund, managed to sidestep the worst of the losses, however. The London-based company dropped just 2.5% last month but is still up 6.5% for the year. Almost all Winton’s losses were nevertheless attributable to US bond market moves, said a person familiar with the fund’s performance. Unlike its peers, Winton has moved to diversify its trading programmes into cash equities and away from futures contracts.”

[“Quant funds suffer steep losses in US bond sell-off,” Business Day UK, 6/6/2013]

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