A great article by @RichB118 on “The Geometry of Wealth,” in which the author argues that strong convergence across an ensemble of trading programs validates the underlying systematic process. A single program’s outperformance (e.g., beating Berkshire on drawdown-adjusted returns) could be luck, but consistent results across the ensemble prove it’s a reliable, repeatable compounding machine. https://t.co/gXsvYn0tbm
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