Hacker News new | ask | show | jobs
by caminante 3461 days ago

  I don't think it can truly be said that TARP turned profit[...]
  And it is impossible to know profitability of securities without 
  knowing their Sharpe ratio,
I think you're mis-interpreting the Sharpe Ratio and saying something different. Profit -- ex-ante or post-ante (edit: ex-post, brain fart!) -- is always a profit.[0] Whereas, you're arguing that the profit (on a risk-adjusted basis) wasn't that good.

[0] http://www.investopedia.com/terms/s/sharperatio.asp