CDR means: Contango Decay Rate.
1st number after 'CDR' is difference between VIX Futures for 2nd month out less the 1st month.
2nd number is the % decay roughly applied to the VXX note price.
Rate is per-month.
BR means: Backwardation Rate
MBA student doing contract work for hedge funds and comanaging our university endowment. My sector outperformed the benchmark by 4x. Graham Disciple. Intrigued by Klarman but not swayed. I want Markowitz to be right but his inputs are poor. Also, CPA