One of the constant quarrels practitioners like me have with academics is that academics have a very strange definition of the term ‘risk’. Much has been said about the notion that academics have historically defined the risk of investments as the standard deviation of returns (i.e. volatility). This was due to computational limitations in the 1950s and 1960s when modern portfolio theory was developed but persisted into the 21st century. Thank goodness, the number of academics who use proper downside risk measures is increasing.
Well, it’s an elite blog this one with not too many people following it 😜 But seriously, most readers write to me via email and I have lots of exchanges directly with them.
Hi Joachim, I just saw this response through a link from factorresearch.com. Your blog is brilliant but often the reader reaction adds enormously to the user experience. For example, Monevator is greatly enhanced by the feedback — and part of that feedback are comments about how interesting the feedback is. I guess that’s a feedback loop. Might it be worth closing the email option for a while? I feel there is a good chance there would be more response than through the private emails and possibly less work. You can still intervene when the debate gets out of hand or you feel you have more to add to the exchange. Any readers have any views in this? Whatever happens, I remain an interested reader.
I have never done that, just hitting the comments button. I am pretty sure that’s unusual but if you’re happy that’s all that matters. I did email the same message, which was not exactly straigtforward(!), so apologies for the repetition. Has anyone else emailed you about this?
I have never managed to read a comment on your often brilliant pieces. How does one access these?
Well, it’s an elite blog this one with not too many people following it 😜 But seriously, most readers write to me via email and I have lots of exchanges directly with them.
Hi Joachim, I just saw this response through a link from factorresearch.com. Your blog is brilliant but often the reader reaction adds enormously to the user experience. For example, Monevator is greatly enhanced by the feedback — and part of that feedback are comments about how interesting the feedback is. I guess that’s a feedback loop. Might it be worth closing the email option for a while? I feel there is a good chance there would be more response than through the private emails and possibly less work. You can still intervene when the debate gets out of hand or you feel you have more to add to the exchange. Any readers have any views in this? Whatever happens, I remain an interested reader.
Well, good idea but I cannot close the email channel because people typically just reply to the email that the blog is sent to 🙁
I have never done that, just hitting the comments button. I am pretty sure that’s unusual but if you’re happy that’s all that matters. I did email the same message, which was not exactly straigtforward(!), so apologies for the repetition. Has anyone else emailed you about this?