gbasin

24 ms·

211.
The State of Decentralized Exchanges(medium.com)
1 points by gbasin 8y ago|0 comments
212.
by gbasin 8y ago
Bingo. Echoes my experience (also in quant finance). ML is just not all that useful in our field. To the extent that some shops are getting mileage from it, I presume it's from combining lots of really alternative datasets. Satellite p
213.
by gbasin 13y ago
No offense but it sounds like you just got lucky and quit while you were ahead
214.
by gbasin 13y ago
Trading liquid and open markets is much harder precisely because its way more competitive and the barriers to entry to compete are non-existent. And the financial rewards for those who compete well are incomparable.
215.
by gbasin 13y ago
Your understanding of the claims of EMH are flawed. On the other hand, the true claim is not easily tested. The best test exists in the form of looking at how easy it is to turn a consistent profit from transacting in open and liquid financ
216.
by gbasin 13y ago
You're probably leaving most of the diversification benefit (which is the only edge you really have, unless you're assuming a fat equity risk premium haha) on the table unless you're a pro at that, as well. I think some of th
217.
by gbasin 13y ago
Oh plenty of tryers. Value investing is a lot harder than it looks. And what you're talking about isn't really the definition of value investing (like graham-dodd + infinite details on the individual companies). Those quant funds
218.
by gbasin 13y ago
Successfully implementing a value strategy cannot be codified into an algo EDIT: There are just too many exceptions and nuances. Every single investment involves more exceptions and nuances that would need to be coded. And if you don't
219.
by gbasin 13y ago
Some other commenters have hinted at this but... I feel sad whenever people build this kind of stuff. It's probably a very well built product (or will be) and is better than the alternatives out there, but the unfortunate fact is that
220.
by gbasin 13y ago
If he doesn't, who will line my HFT pockets?
221.
by gbasin 13y ago
where's a good place to reach you?
222.
by gbasin 13y ago
Added some additional logging for an edge case, rolled it out to production and then went camping in the remote wilderness for a week. Two days in, the edge case got hit and the logging wasn't sufficiently tested. It logged as intended