180 trade days (a year has about 252 days) of 1% compound daily gains would show a natural log return of 1.80. When we see 1.60 that’s is 160 days of 1% gains plus 20 days where the investor made and lost nothing. Sort of the financial equivalent of the guy who asked the king to start with one grain of rice on a square of a chess board and each day twice the previous amount is placed on the next square.
Zmed1 goes long if at least one of the 44 other strategies is long.
Today there is a Fed meeting. Hopefully they won’t do anything to upset the gravy train. Another few months of this and the 3x trillionaires will be able to buy them out.
