Inspired by Stefan, from Victor Niederhoffer

2019-09-06 · Victor Niederhoffer
Original source

I relate a checker story with market implications on vicniederhoffer@twitter.com. The story is from Sea Biscuit by Laura Hillenbrand, a very excellent book. Pollard the jockey saw a kid lose a checker game and the older jockey flipped over the board and started pummeling the kid. Pollard was also a boxer and made the offensive jockey promise never to do it again to a kid or opposing jockey.

Comments

Douglas Roberts Dimick on September 7, 2019 7:23 am

Hi Victor,

https://fintel.io/i/renaissance-technologies-llc

How would you formulate a multiple for valuation when investing in or selling a trading and portfolio management algo?

Thanks.

Douglas