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Case Study: Semiconductor Momentum Strategy (101.9%% CAGR, 1.830 Sharpe)
Three concentrated semiconductor holdings with three hedge layers returned 101.9% a year at a 1.830 Sharpe ratio, which is what the best-looking numbers in this library look like. Over thirteen held-out years the same engine returns -16.70% at a 94.2% drawdown, and adding the hedges makes it worse. It is a bet on one era, and it can be held as one knowingly. The full write-up, including how it was built and what failed, is on the case study page
Case Study: Semiconductor Momentum Strategy (101.9%% CAGR, 1.830 Sharpe)
1 like • 2h
this is an amazing post because most people only show the 101.9% CAGR, and you showed what happened over the 13 years too. that's really powerful
0 likes • 2h
@Tim Sergeev Exactly, and that’s what most people skip. It’s easy to hunt for the data that agrees with us, so it’s rare and valuable that you show the numbers that don’t.
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Elizabeth Rose
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@elizabeth-rose-8917
Hey, I'm rose a self help coach

Active 2h ago
Joined Oct 19, 2026
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