How do you think about backtesting? There are a few short-only shops that specialize in finding frauds. If you get their historical 13-Fs, how would you score against them in terms of precision/recall?
And I guess more broadly, how does alpha with your system compare to a portfolio that holds all short positions by big long/short funds (ex thematic shorts)? Meaning, those guys have full-time humans that focus on this... can you beat them? Very interesting if so.
How do you think about backtesting? There are a few short-only shops that specialize in finding frauds. If you get their historical 13-Fs, how would you score against them in terms of precision/recall?
And I guess more broadly, how does alpha with your system compare to a portfolio that holds all short positions by big long/short funds (ex thematic shorts)? Meaning, those guys have full-time humans that focus on this... can you beat them? Very interesting if so.