Fitness for Geeks eDdailyreturns 1 1That s it There s noxplanation for the
non Python savvy reader that cumprod is a numpy function or Python savvy reader that cumprod is a numpy function or dailyreturns is a particularly shaped numpy array presumably or much less WHY this uation is how you could or should calculate the value There was absolutely no reason to xpress this otherwise unexplained uation they never xplain WHY this in Python uation does what they say as pseudo Python instead of a simple mathematical uationThe authors clearly never heard of superscripts ither200100 1 CAGR 102 1 CAGR 102 110 1 CAGRSince 2 110 1072 then1072 1 CAGR andCAGR 72% ie 1072
1That S How It S s how it s in the book xcept that all of the above lines are formatted such that all of the symbols line up It s like a 15 year ol. # Htly Regulated Funds Continually Innovate New #Htly regulated funds continually innovate new and trading strategies to take advantage of temporary mispricing of assets when their market price deviates from their intrinsic value These techniues are shrouded in mystery which permits hedge. ,
This is so small You could copy and paste the whole content in less than 40 pages of Word This is xpensive for what it worth Done by a teacher who asks his #own book which is far from being the best book on the subject This book is #book which is far from being the best book on the subject This book is worth than 2 4 The only reason I bought this book was because it was reuired for a class taught by one of the authors surprise surprise It s dry as cat litter and very amateurishly formatted and xplained Mathematical proofs are generally over Murder at the Mansion explained in the dumbest ways and random poorlyxplained notation is used Here re a couple xcerpts from an arly section I recently reviewedThis is done by compounding the daily return by the number of trading days in a year 252 as follows in Python annualreturn cumpro. What Hedge Funds Do provides a needed complement to journalistic accounts of the hedge fund industry to deepen the understanding of non specialist readers such as policymakers journalists and individual investorsWhat do hedge funds really do These lig.