There is no perfect investment portfolio or strategy for any individual person, despite the ability to run backtests and optimization models, because the perfect strategy in theory must be psychologically sustainable in practice.

normativepending

Speaker

Jack Forehand

Evidence Quote

your perfect strategy is the one you can stick to... there is no perfect portfolio for any individual person as much as I can run my back tests all day it it doesn't exist in the real world

Source

Practical Lessons from Ben CarlsonExcess Returns
Created: 8/11/2026, 7:52:29 AM

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