When constructing a portfolio, investors need to use quantitative i.e. data-driven tests in tandem with old-fashioned eyeball tests.
Just like in baseball where management teams crunch data using the so-called Moneyball method and finalize roster decisions based on what they see on the field.
This according to David Kaufman, founder & CEO of Westcourt Capital. Here he compares how winning teams are assembled with how investors can create successful portfolios using a similar approach.
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