a few months ago, I noticed that the system I had deployed, was flawed in design. I thought I was taking a certain type of exposures, but wasn't really the case once I dug through the data.
the interesting thing is, that flaw, after I understood it, is what's driving a lot of my PnL this year, at a much better rate than what was the traditionally accepted way.
it's being able to handle this current environment, specifically because of that, which I perceived to be a flaw at the time.
I wouldn't have been able to find it, perhaps, had I just delayed the deployment to real live market.
deploy and iterate fast is the lesson I am getting reinforced these past few months.
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a few months ago, I noticed that the system I had deployed, was flawed in design. I thought I was taking a certain type of exposures, but wasn't really the case once I dug through the data.
the interesting thing is, that flaw, after I understood it, is what's driving a lot of my PnL this year, at a much better rate than what was the traditionally accepted way.
it's being able to handle this current environment, specifically because of that, which I perceived to be a flaw at the time.
I wouldn't have been able to find it, perhaps, had I just delayed the deployment to real live market.
deploy and iterate fast is the lesson I am getting reinforced these past few months.