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507 Formula 1 and Trading: Why the Outcome Isn't Enough to Judge a Decision

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What do Formula 1 and systematic trading have in common? More than you might think. One striking example comes from the 2010 Abu Dhabi Grand Prix, when a strategic decision by Ferrari helped change the outcome of the Formula 1 World Championship. With the benefit of hindsight, it's easy to judge a decision based on how it turned out. What's far more interesting is understanding how that decision was made and what information was available at the time. Neither in Formula 1 nor in trading can you predict…

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