BMTH live in Jakarta 2024

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This time around Ravel gets it right and BMTH (Bring Me The Horizon) are headlining the Nexfest festival in Jakarta which also features Babymetal. In this format there is no seating - which makes for a much more intimate experience - although you do have to arrive really early if you want to pick a spot right up close to the stage.  We arrived about six hours before BMTH were scheduled to start their performance and bought plenty of drinks to stay hydrated in the tropical afternoon heat (mind you, some of those were Iceland vodka mix!) This was a gig I had long been looking forward to - especially after the debacle last year. Not everyone likes BMTH of course. For deathcore fans the band sold out. For metal heads the band is not purist enough. And for the wider mainstream audience, the band is too heavy. You can't please everyone of course but there are few bands in the rock world which can match the sheer emotional velocity of BMTH. To bring metal and even aspects of metalcore t
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Sharpe Ratio definition




The Sharpe ratio was developed by the Nobel laureate William F. Sharpe to measure risk-adjusted performance. This is important because a return only means anything to an investor if you take risk into account as well.

Let’s say, for example, that investment A gives you a return of 20% and investment B gives you a much lower return of 10%.

 So which investment should you pick?

 Answer? You don’t know! It’s a trick question because the level of associated risk is not given. If the 10% return on investment A was entirely riskless but the 20% return on investment B also involved you having to stick your head in a hungry lion’s jaw for 10 seconds, then most people would be eminently more satisfied with the lower return provided by investment A.

 To calculate the Sharpe ratio is simple. You simply subtract the risk-free rate (something like the 10-year U.S. Treasury bond) from the rate of return on the portfolio and divide the result by the standard deviation of the portfolio returns (essentially its volatility).

How to interpret the Sharpe ratio?

 Essentially, the Sharpe ratio indicates whether a given portfolio's returns owe to good investment allocations or excess risk taking.

 The higher the number the better. If the number is low it indicates that the portfolio returns owe more to excess risk taking rather than good investment allocations.

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