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A gullible fool; one easily persuaded of the merits of complex final products, whether or not they have any. A dupe. A patsy.  
1. (n) A gullible fool; one easily persuaded of the merits of complex final products, whether or not they have any. A dupe. A patsy. One who instinctively likes the sound of [[leveraged alpha]], and whose residual doubts about it can be easily assuaged by deft [[backtesting]].


One who instinctively likes the sound of [[leveraged alpha]], and whose residual doubts about it can be easily assuaged by some rigourous [[backtesting]].
2. Not [[Matthew]], [[Luke]], [[John]], [[Arthur]] nor [[Martha]]. And that’s the gospel.


===See also===
===See also===
* [[Client]]
* [[Client]]

Revision as of 18:00, 3 January 2017

1. (n) A gullible fool; one easily persuaded of the merits of complex final products, whether or not they have any. A dupe. A patsy. One who instinctively likes the sound of leveraged alpha, and whose residual doubts about it can be easily assuaged by deft backtesting.

2. Not Matthew, Luke, John, Arthur nor Martha. And that’s the gospel.

See also