Just equally 1 should non trust VaR completely, 1 should equally good beware of high Sharpe ratio strategies. As this Economist article pointed out, a strategy may convey a high Sharpe ratio because it has in addition to then far been accumulating modest gains quite consistently, simply it could all the same endure discipline to a large loss when black-swan events strike.
Personally, I am to a greater extent than comfortable alongside strategies that produce the opposite: those that seldom generate whatever returns, simply ever earn a large profits when fiscal catastrophes occur.
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