Comments on: The Mercurial Quicksilver Returns http://www.tasgall.com/2007/07/01/the-mercurial-quicksilver-returns/ Peering into the Cauldron of the Gods... Wed, 28 Sep 2011 10:20:57 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Quicksilver http://www.tasgall.com/2007/07/01/the-mercurial-quicksilver-returns/comment-page-1/#comment-353 Quicksilver Tue, 03 Jul 2007 05:20:05 +0000 http://www.tasgall.com/2007/07/01/the-mercurial-quicksilver-returns/#comment-353 I think that question, whether is it unusual, is not necessarily clearcut. Should someone expect a slight lift from the expectation of future interest that itself gets compounded from reinvestment thus creating the exponential divergence? It's a question I think about a great deal. As for the shift to cash, yes if the combination of volatility, return and leverage given by my calculations led to a return that wasn't attractive compared to a risk-free return, I would shift to cash. I think that question, whether is it unusual, is not necessarily clearcut. Should someone expect a slight lift from the expectation of future interest that itself gets compounded from reinvestment thus creating the exponential divergence? It’s a question I think about a great deal.

As for the shift to cash, yes if the combination of volatility, return and leverage given by my calculations led to a return that wasn’t attractive compared to a risk-free return, I would shift to cash.

]]> By: Jason G. http://www.tasgall.com/2007/07/01/the-mercurial-quicksilver-returns/comment-page-1/#comment-350 Jason G. Mon, 02 Jul 2007 01:22:15 +0000 http://www.tasgall.com/2007/07/01/the-mercurial-quicksilver-returns/#comment-350 Very impressive equity curve... and yes, it is a little bit ...unusual... to depart from your expected return by so much. Would your portfolio shift to cash (USD?) if all the currencies started acting with volatility? Or do you just find the ones with carry that have the lowest <i>relative</i> volatility? Very impressive equity curve… and yes, it is a little bit …unusual… to depart from your expected return by so much.

Would your portfolio shift to cash (USD?) if all the currencies started acting with volatility? Or do you just find the ones with carry that have the lowest relative volatility?

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