I'm a current student so please forgive my naiveté of any real-world implementations.
You mentioned "My goal on the site is therefore give tools, but not recommendations."
Do you have any plans to offer portfolio construction tools? I took a portfolio construction class which used Andrew Ang's book as a theoretical basis and was struck at how simple it appeared to create [insert weighting scheme here] portfolios.
I think though a platform could go a step further and demonstrate how to execute different strategies that appear to be only executable by hedge funds. i.e. can you show [insert publicly-tradable assets] which when bought together appear to replicate a hedge fund's beta (maybe not HFRI but some sort of market-neutral beta)?
I dunno it just feels there's a lot that can be done to remove the mysticism from wealth management and open data is just the beginning of such a movement.
Comments
Hi Rishi,
I'm a current student so please forgive my naiveté of any real-world implementations.
You mentioned "My goal on the site is therefore give tools, but not recommendations."
Do you have any plans to offer portfolio construction tools? I took a portfolio construction class which used Andrew Ang's book as a theoretical basis and was struck at how simple it appeared to create [insert weighting scheme here] portfolios.
I think though a platform could go a step further and demonstrate how to execute different strategies that appear to be only executable by hedge funds. i.e. can you show [insert publicly-tradable assets] which when bought together appear to replicate a hedge fund's beta (maybe not HFRI but some sort of market-neutral beta)?
I dunno it just feels there's a lot that can be done to remove the mysticism from wealth management and open data is just the beginning of such a movement.