Variant Perception
4 statements across 3 episodes · 0 bullish · 1 bearish · 3 people on the record · first statement Nov 27, 2017 by Paul Johnson · said 6 times in 2 episodes since 2019 · across every show →
Mentions by year
brought up most by Ted Seides (3), Jonathan Tepper (3)
tap a year for its mentions
2024 2 mentions in 1 episode
2019 4 mentions in 1 episode
Everything said about Variant Perception, oldest first
Nov 27, 2017 neutral
Johnson: Michael Steinhardt's language on variant perception is convoluted
“We used Michael Steinhardt's variant perception as a very important cornerstone of thinking about how you get an edge in the market. And it was clear that his language is somewhat convoluted. The guy's brilliant, but his language is a little convoluted.”
Oct 7, 2019 neutral
Tepper: Global Liquidity Indicators Lead Stock Prices by Six to Twelve Months
“And those are very, very useful because they tend to lead the economic leading indicators themselves by about six months, and they tend to lead asset prices too. So we have a lot of our liquidity indicators will lead commodity prices. They'll lead even stock p…”
Oct 7, 2019 negative
Tepper: Guru-driven macro forecasting is not repeatable or transferable
“I don't want to denigrate some of the gurus who I still admire, but I thought that that's not repeatable. They might be able to hire someone and train them and teach them, but it's probably like a one-off. And I thought surely the best thing to do is to create…”
Aug 15, 2022
Enright: Alpha Exists in Rolling 9-18 Month Horizons, Not 0-6 Months
“If you think that you can find some variant perception in zero to three months or zero to six months, you're probably deluding yourself, right? Because that's really hard to predict. But if on a rolling nine to 18 months or so, and you're updating, you're bein…”