Good Post on Position Sizing

Believe it!
Believe it!

Good post on position sizing techniques of qualitative managers. Good quantitative managers spend a lot of time on this, but their strategy with robust historical data lends itself to it. By now I’m sure most people have heard of kelly betting? I think most qualitative PM’s utilize some form of fixed position sizing based on trial & error….I think there is room for improvement.

https://whatheheckaboom.wordpress.com/2010/10/30/position-sizing-in-value-investing/

Edit: 7/14/15

Another excellent post/pdf on position sizing h/t @rjs2006

http://www.grizzlyrockcapital.com/Diworseification_GrizzlyRock.pdf

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