standard deviation

3 statements across 2 episodes · 0 bullish · 1 bearish · 2 people on the record · first statement Jan 8, 2018 by Michael Mauboussin · across every show →

Everything said about standard deviation, oldest first

Jan 8, 2018 neutral
Insight
Mauboussin: Market Return Dispersion Widens When Unsophisticated Investors Enter The Fray
“I think when you see episodes of people who are less sophisticated getting involved with reasonable sums of money, that's probably the case where you could get that standard deviation blow back out.”
Michael Mauboussin Jan 8, 2018 ▶ 17:43 Michael Mauboussin – Active Challenges, Rational Decisions and Team Dynamics (Capital Allocators, EP.36)
Jan 8, 2018 neutral
Assertion Supported
Mauboussin: Manager Return Dispersion Spiked During Dot-Com Era Before Reverting
“So that standard deviation had been going down, down, down, sixties, seventies, eighties, into the nineties. And then there was a massive reversal where the standard deviation went way back up around the dot com period. And so there's a spike, and then it come…”
Michael Mauboussin Jan 8, 2018 ▶ 15:36 Michael Mauboussin – Active Challenges, Rational Decisions and Team Dynamics (Capital Allocators, EP.36)
Nov 9, 2020 bearish
Insight
Williams: Standard deviation rarely reflects the actual risks institutional investors face
“So the expected return being a point estimate May connect well into, I want to cover expenses, and I want to grow, and I want to pay fees, but the risk, meaning of variance and their standard deviation, only by some strange coincidence would be connected to th…”
Karyn Williams Nov 9, 2020 ▶ 16:11 Karyn Williams – Measuring Risk Practically at Hightree Advisors (Capital Allocators, EP.163)
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