Dollar bars are formed by sampling an observation every time a pre-defined market value is exchanged. Of course, the reference to dollars is meant to apply to the currency in which the security is denominated, but nobody refers to euro bars, pound bars, or yen bars (although gold bars would make for a fun pun).
-Marcos Lopez de Prado
Select a background
More quotes by Marcos Lopez de Prado
Popular Authors
A curated listing of popular authors.