Enright: Alpha Exists in Rolling 9-18 Month Horizons, Not 0-6 Months
Paul Enright · Paul Enright – Inside Long-Short Equity Investing (Capital Allocators, EP.266) · Aug 15, 2022 · at 17:39
Former Viking Global partner Paul Enright explains his framework for identifying variant perception and generating outperformance in public equity markets.
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“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 being very Bayesian and you're updating it in every single day, what you think Versus what is being priced into the market, then I think that's the real way to make money over a real period of time.”
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