We all have a tendency to believe that the way we invest is the best way. As quantitative investors, we can sometimes feel that there is no reason anyone should ever use a discretionary strategy. But like most issues in investing, there are two sides to this argument. In this episode, we talk about the benefits of both quantitative and discretionary investing.
- Why quantitative strategies can limit the impact of emotion and biases
- Why discretionary strategies can work better in situations where a more detailed analysis is needed
- How both strategies contain some elements of the other
- Why the ultimate answer may lie in the hands of the end investor