Risk and Execution · 4 lessons published1234
Lessons
- Replaying a volatile year: why the swings decide Lesson 1, 7 minutes
- Flows and crowding: context, not a signal Lesson 2, 7 minutes
- Position sizing: start from the worst fall Lesson 3, 7 minutes
- Fund risks: tracking misses, premium spikes, closures Lesson 4, 7 minutes
Your progress
Finish all 4 lessons and get 2 of 3 right on each quiz to earn the course certificate.0 of 4 lessons passed on this device.
What you learn
- Why the size of the daily swings, not just the year's move, decides how a leveraged or inverse fund ends the year
- How to read fund flows with context: size them against starting net assets, see what the new money met, and why a flow is not a signal
- How to size a position from a fund's worst fall and a loss limit, and why a leveraged fund's history is a weak guide
- Three risks in one fund: a tracking miss, a premium spike and a closure, each read from its own dated data