In this episode of the Curious Quant podcast series, I sit down with Alexander Fleiss from Rebellion Research to discuss stock selection, reinforcement learning and the growth of passive investing.
“Man has always been afraid of the machine. Progress has always allowed man to work for shorter periods, in greater comfort, for higher profits.”
On certainties:
“Performance we can always be sure of, good companies will always outperform bad companies.”
On hubris:
“The house always wins. We know we are going to lose, at least 30% to 40% of the time, so we need to disperse those bets.”
On patterns:
“History always repeats itself, reversion to the mean will always take place.”
You can download the podcast from the Apple and Spotify podcast players or listen below:
