Braga: Fearful discretionary traders derisk while systematic algorithms short
Leda Braga · Leda Braga – Systematica Investments (Manager Meetings, EP.10) · Sep 9, 2021 · at 28:28
Leda Braga, CEO of Systematica Investments, contrasts discretionary investor emotional psychology with systematic model execution during market crashes.
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“Human beings, I think on average tend to take risk off if they fear. Whereas if you've got a systematic strategy, you have a good chance of carrying on with your investment process and just saying, no, no, the signal says I should short.”
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