Effective Quant @effectivequant

in perpetual pursuit of the best risk-adjusted strategy Seattle, WA Joined May 2020

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234
Following

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Cullen Roche @cullenroche

6 months ago

Just to summarize what’s happened in the last few weeks: They concocted this whole thing based on a fundamental misunderstanding of the global economy. They think manufacturing jobs will come back (they won’t). They think free trade made us poor, when it actually made us rich.…

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alz @alz_zyd_

a year ago

The basic issue with Asian parenting in the West is that it tries to forcefeed a scarcity mindset into kids obviously living in a post-scarcity society

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AI Pub @ai__pub

3 years ago

Best of AI Twitter (Nov 28 - Dec 6): - ChatGPT, - Design proteins with a text prompt (!) - @Roon & @Noahpinion on the future of work with AI, - NeurIPS 2022, - Stable Diffusion sped-up 20x, - @CharacterAi is building AGI, - The "Forward-Forward Algorithm", ... and more: 1/15

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Matt Hollerbach @breakingthemark

3 years ago

Two years ago SBF wrote a thread on bet size and Kelly betting. I questioned him on it. He engaged with me. Let’s take a look at this thread and SBF’s views on bet sizing in light of the events with FTX and Alameda this week.

SBF @SBF_FTX

5 years ago

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Jeff Malec @AttainCap2

4 years ago

Why don’t Futures Market Blow Ups… Blow Up the futures markets? A Chinese Tycoon can’t meet margin on $2 Billion in Nickel Losses, what happens next? A quick thread 🧵

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Benn Eifert 🥷🏴‍☠️ @bennpeifert

4 years ago

I get this question a lot in DMs so putting it here so I can refer to it later. "Why do put options and call options at the same strike have different implied volatilities (attaches screenshot of broker GUI)?"

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Benn Eifert 🥷🏴‍☠️ @bennpeifert

4 years ago

sorry I was busy chasing kids up and down the polar express and didn't get to write this up more clearly yesterday. simply, a long position in a call option on equity has 1) long equity exposure 2) positive payoff asymmetry (gamma) 3) negative time decay

Claire, aka Midwestern Hedgie 🏳️‍⚧️ @MidwestHedgie

4 years ago

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Alpha_Ex_LLC @Alpha_Ex_LLC

4 years ago

With all the focus on $VIX, it's also informative to look at longer dated VIX futures. the 6m future is up a bunch from recent lows and a ton since the pre-pandemic period. In fact, it's now halfway between the 17 level that was just prior to pandemic and the 37 level that was

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Morgan Housel @morganhousel

4 years ago

How This All Happened A short story of how America evolved since the end of World War II. collaborativefund.com/blog/how-this-…

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Benn Eifert 🥷🏴‍☠️ @bennpeifert

4 years ago

@goodalexander @ecommerceshares @macrocephalopod @dampedspring @moreproteinbars @KrisAbdelmessih @VitruviusCurve @cloudy_cl @NotQuiteMidlife Hey guys, ok sorry this took me so long. Busy week, had to get to Friday night. Have taken care of a very large triple IPA so please excuse any obvious oopsies here. First of all, as already evident from the responses, this varies greatly depending on the type of book you run.

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AllocateSmartly @AllocateSmartly

4 years ago

New study: Most tactical strategies trade just once per month, and most have outperformed when traded on the last day of the month. In this study we look at two competing reasons why: Is there a true edge or is it a byproduct of overfitting. allocatesmartly.com/diving-deeper-…

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Robot James 🤖🏖 @therobotjames

4 years ago

"Ask questions now? Or ask questions later?" Imagine you are trading a futures product. The prices of the futures as a function of their time to expiry looks like below. You step away from the desk to make some tea. And, upon your return, you see a different picture... 1/n

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TopTradersLive.com @TopTradersLive

4 years ago

Today @JasonMutiny takes us deep into various types of Volatility trading with my colleague Stefan Wintner. But first they have to establish if Volatility is an "Asset Class"...listen in... 👇👇👇👇👇 top-traders-unplugged.captivate.fm/listen #Volatility #VIX #investing #stocks

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Kris @KrisAbdelmessih

4 years ago

This is the best document I've read debunking the common promotion of selling calls for income, secured put selling and other unconditional vol harvesting bs Comes from @bennpeifert of course docsend.com/view/xu6e5c3qw…

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cephalopod @macrocephalopod

4 years ago

There's a massive gap between how optimization in finance (particularly portfolio optimizers) are viewed by non-experts, and how they are used by practitioners. That gap is responsible for some false beliefs, along the lines of "optimization never works" or ...

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Kris @KrisAbdelmessih

4 years ago

Moontower #125 🌙Using The TSLA Price Endgame To Understand Options moontower.substack.com/p/moontower-125 refs: @GunjanJS @SqueezeMetrics @coloradotravis @bauhiniacapital @elonmusk (had to tag this guy) & let's tag $TSLA #TSLA (am I a growth-hacker yet?)

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Cullen Roche @cullenroche

4 years ago

Three things in one tweet: 1. Living standards are improving for everyone. 2. Living standards for some are improving much faster than for others. 3. #2 makes it feel like #1 isn't occurring to many.

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Doug Colkitt @0xdoug

4 years ago

1/ A traditional AMM (like PancakeSwap where SQUID traded) works by always keeping the two sides of the pair in exact balance (in this case SQUID and BNB). Let's say the price of SQUID in the pool starts at 5.0 BNB. That means the AMM has 5.0 BNB tokens for every SQUID tokens.

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Corey Hoffstein 🏴‍☠️ @choffstein

4 years ago

Over time, I've developed a few foundational mental frameworks with respect to investing. These aren't pithy philosophies nor are they about trade ideas. Rather, they are concepts that have helped me re-frame my thinking, develop better intuition, and make better decisions.