Ahmed’s dilemma, and the anlyst’s conundrum…
Posted on Aug 15, 2009 by WHC Bassetti in Letters
In our graduate seminar at Golden Gate University in San Francisco we habitually entertain bright capable students who take our course looking to put it all together -- and they frequently do. In the just completed seminar one charming student named Ahmed gave his name to the trader's dilemma -- that is, is one going to take the equity fluctuations necessary to ride a long term trend (often painful) or is one going to attempt to avoid the equity fluctuations buying and selling more frequently to catch wave lows and highs. Chinese proverb: Man who chase two rabbits lose both rabbits.
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