Didier Darcet
24 November 2022

Sharpe Is Sharp

Even while knowing the risk of an accident, we often drive too fast with the hopes of getting to our destination sooner.

Portfolio managers today are faced with the same dilemma. The stock market is moving fast. First it plummeted 25%, then rebounded 10%. Is it time to buy?

The Sharpe ratio provides the answer. And the Sharpe, well, is sharp!