There is a high correlation between: - people who write philosophical articles on the dangers and flaws of the sharpe ratio - people whose sharpe ratio sucks
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Sharpe ratio is a perfectly good metric for most strategies, even ones with moderate skewness. It only really fails for very fat tails or very pronounced skewness. See also standard deviation, which is a totally fine and useful risk measure for almost all strategies.
Totally agree that there is a correlation between people who hate the Sharpe ratio and people who frequently need to write investor letters promising that the big payday is just around the corner, as soon as the market crashes, honest guys.
