TribeAI · 1/7
Backtest overfitting and the Sharpe ratio: why the ratio is a statistical estimate, how annualizing can mislead, and what SEC marketing rules say.
TribeAI · 2/7
Which data and which period were used to estimate the expected return and the volatility?
TribeAI · 3/7
Is the figure shown with any indication that it is an estimate, or as a single number with no context?
TribeAI · 4/7
On December 22, 2020, the SEC adopted amendments under the Investment Advisers Act of 1940.
TribeAI · 5/7
The amendments reflect developments since the advertising rule's adoption in 1961 and the cash solicitation rule's adoption in 1979.
TribeAI · 6/7
The marketing rule contains seven general prohibitions that apply to all advertisements.
TribeAI · 7/7
Educational content, not investment advice. Full article and sources below.
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