30:00 I remember I had to use traditional portfolio theory, together with computer printouts of efficient frontier to explain asset allocation to clients. It felt flawed and I honestly thought it was to some extent incorrect but I couldn't put a finger on it to prove its ineffectiveness. Dr Chan's explanation of taking into account regime change and relevant economic situations like interest rates and cost prices really impresses me. I can finally qualify and quantify my disdain for using those outdated ideas.
30:00 I remember I had to use traditional portfolio theory, together with computer printouts of efficient frontier to explain asset allocation to clients. It felt flawed and I honestly thought it was to some extent incorrect but I couldn't put a finger on it to prove its ineffectiveness. Dr Chan's explanation of taking into account regime change and relevant economic situations like interest rates and cost prices really impresses me. I can finally qualify and quantify my disdain for using those outdated ideas.
Thank you for your wonderful comment. 🙌✨
That's why totally focus on making best process, so that this algorithm can properly executed by AI.
Thank you for your comment Sandeep. Yes, the process is the most important aspect of every strategy.
Great video 😎 👍
Thanks for the appreciation 🙌✨