Wanderer in the fog

My reflections on Finance, Philosophy, Investment, Technology and Travel

The Invisible Wisdom of the Universe: Lessons in Absence

Prologue: The Silent Mentor

Imagine the universe as a cryptic teacher. It doesn’t offer a clear path to success, but it flags the pitfalls to avoid. Its voice isn’t a directive “Go here,” but a resounding “Steer clear.” This asymmetry, between the silence of what to do and the clarity of what to avoid, is life’s great cheat code.… Read the rest

Effective Return (ER): Introducing a new Risk-Adjusted Return Metric

Financial academics as well as practitioners for long have come up with “risk-adjusted” metrics to be able to evaluate the quality of investments, strategies and funds and to compare them apple to apple. The most common metric used is Sharpe Ratio introduced by American economist William Sharpe in 1966 who won Nobel prize in Economics in 1990 for developing “Capital Asset Pricing Model“.… Read the rest

Welcome!

Hello, my name is Hesam Aslan and here, I will write about quantitative finance 📈, economy, 💰 probability, statistics 🧮 and investment in general. As an engineer and a self-proclaimed geek, I also love anything related to technology and I’ll try my hand in writing about new technologies.… Read the rest

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