Investing education
Metrics and backtesting
Sharpe, alpha, beta, and how to tell a real backtest from a curve fit.
Sector Relative Performance: A Better Stock Lens
Learn how sector relative performance separates company execution from industry tailwinds, helping long-term investors judge stocks with more discipline.
Oct 4, 2026 · 7 min read
Walk-forward backtesting explained (and why naive backtests lie)
Walk-forward backtesting, explained. Why most backtests overfit, how walk-forward validation actually works, and how we use it to test the Outpick strategy honestly.
Jun 17, 2026 · 7 min read
Alpha vs beta: what active stock picking actually buys you
Alpha vs beta in stock picking, explained without equations. Beta is cheap and indexable. Alpha is rare. Here is how to tell which one you are paying for.
Apr 22, 2026 · 8 min read
Sharpe ratio explained: what it is, why it matters, and what good looks like
What is the Sharpe ratio in investing? A plain-English explainer of the math, what counts as 'good', and why it's the single number every long-term investor should track.
Apr 8, 2026 · 7 min read