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My Smart Beta ETF Premised On Cats Rang Up An 849,751% Return

TedTed
in The Bullpen
FYI: I was rich. Right?

I mean, that’s what my Bloomberg said. I’d just entered in an index built from companies with “cat” in their names -- yes, the furry felines -- hit a button and watched it back-test to an 849,751 percent return. Forget the internet, I thought. Cats are about to take over smart beta.
Regards,
Ted
https://www.bloomberg.com/news/articles/2017-06-01/my-smart-beta-etf-premised-on-cats-rang-up-an-849-751-return
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