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Diego Parrilla

๐Ÿ‘ค Speaker
646 total appearances

Appearances Over Time

Podcast Appearances

The MOST Important Thing
The Science and Art of Investment management: Lessons From F1, Basketball & Football

But if that will be a 1% up and the downside scenario is down 50%, then the expectancy is negative.

The MOST Important Thing
The Science and Art of Investment management: Lessons From F1, Basketball & Football

So

The MOST Important Thing
The Science and Art of Investment management: Lessons From F1, Basketball & Football

I give a lecture at Imperial on this, you know, the four levels, you know, probability, expectancy, position sizing and portfolio construction.

The MOST Important Thing
The Science and Art of Investment management: Lessons From F1, Basketball & Football

And we have covered a lot of it today.

The MOST Important Thing
The Science and Art of Investment management: Lessons From F1, Basketball & Football

But I think it's about understanding the science and the framework around your process.

The MOST Important Thing
The Science and Art of Investment management: Lessons From F1, Basketball & Football

And I think it's about

The MOST Important Thing
The Science and Art of Investment management: Lessons From F1, Basketball & Football

knowing yourself and effectively taking the good pieces from all the guys and being yourself.

The MOST Important Thing
The Science and Art of Investment management: Lessons From F1, Basketball & Football

So I think in that sense, my personality is well fit to options.

The MOST Important Thing
The Science and Art of Investment management: Lessons From F1, Basketball & Football

It's kind of how I'm wired and the kind of guy that I can perfectly sleep at night with minus one, minus one, minus one, minus one, minus one, minus one, plus 20.

The MOST Important Thing
The Science and Art of Investment management: Lessons From F1, Basketball & Football

And some people couldn't sleep with that.

The MOST Important Thing
The Science and Art of Investment management: Lessons From F1, Basketball & Football

So perhaps you should be a different type of investor.

The MOST Important Thing
The Science and Art of Investment management: Lessons From F1, Basketball & Football

And I'm not saying the fact that what I do might or may not work doesn't mean that there are infinite ways of making and losing money.

The MOST Important Thing
The Science and Art of Investment management: Lessons From F1, Basketball & Football

So my humble advice would be be a curious student, pick the best in class in different sectors and try to pick all the good things about them and develop your own strategy.

The MOST Important Thing
The Science and Art of Investment management: Lessons From F1, Basketball & Football

And I think

The MOST Important Thing
The Science and Art of Investment management: Lessons From F1, Basketball & Football

Definitely start with Taleb, Warren Buffett, and some trader.

The MOST Important Thing
The Science and Art of Investment management: Lessons From F1, Basketball & Football

Pick your guy.

The MOST Important Thing
The Science and Art of Investment management: Lessons From F1, Basketball & Football

There's others.

The MOST Important Thing
The Science and Art of Investment management: Lessons From F1, Basketball & Football

There's Simmons.

The MOST Important Thing
The Science and Art of Investment management: Lessons From F1, Basketball & Football

There's AI.

The MOST Important Thing
The Science and Art of Investment management: Lessons From F1, Basketball & Football

There's tech.