Friday, March 29, 2013

[vpFREE] Re: Bob Dancer's LV Advisor Column - 26 MAR 2013 (skill vs luck?)

--- In vpFREE@yahoogroups.com, "vpplayer88" <vpplayer88@...> wrote:
>There isn't much logic to blindly dividing edge by standard deviation.


Well, as much as I'd like to take credit, I really can't. It's called the "Sharpe Ratio", proposed by a Nobel laureate:

google.com/search?q=sharpe+ratio



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