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George Aliferis, CAIA's avatar

I'm not a statistician, but I'm looking at the dots for VC and they look all over the place. Could it be that we see a 'trend' when there's none?

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Joachim Klement's avatar

I don’t think so. The explanatory

Power of the two linear trends is about the same. So yes, it could be qe are seeing mirags but if we do, we see them equally in private equity and VC.

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Martin Schwoerer's avatar

highly interesting point about private equity and small-cap value. Never heard of such a thing, thanks!

Still beats me how one could make proper money with the likes of VBR. For instance risk parity with VBR and GLD works acceptably but not exceptionally, is not much of a diversifier, and adding leverage just increases the pain in the usual years ('08, '15, '18, '22).

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