Pair trading stocks is not arbitrage. Correlations can change. Some pairs take forever to converge = tie up capital.
Statistical analysis is only as good as your data. How many years of data did you use? Did you account for survivorship bias? Backtesting will never expose to the risk of black...
This is a pipe-dream, at least you're aware of the resume aspect of HR.
Sure you can read x amount of textbooks on the subject but you probably won't grasp the material as well as you would with a professor. Being isolated or trading thoughts via an online forum is no where as productive as...
Opps I apologize. So it was Dennis Ritchie who in my imo provided more value to the industry died... and no one cares about him?
I mean he created the C programming language and was a major developer for Unix... Jobs was merely a marketing guru.
Anyway Dennis passed away on Oct 12 and...
He was an asshole. Why do people mourn assholes when they die? Jobs was essentially the marketing genius and didn't really create the apple products.
By the way that guy that invented C++ died recently and no one cares. Everybody is so sad about Jobs, but not the people that were really...
The inexpensive quantitative finance programs around NYC are super competitive. Stony Brook and Baruch require near perfect GRE or GMAT quant scores. I think Baruch's acceptance rate is 6%. With that said a starting salary is around 130k.
As mentioned above you can check out cqf.com I would...
Yea I plan to start exercising. Did you miss that? The mediation stuff is not for me whatsoever. My mediation is vacation time... something I should plan on doing soon.
No need to get offended if someone doesn't want to go down the spiritual route.
Some really good stuff here... thanks again.
I think exercise and just doing less "work" related activities is key. I don't think I have the personally to go the spiritual/meditation route. I am generally calm as it is. Even when trading I am completely desensitized to the money aspect of it...
Thanks all
I think exercise and just doing things that I used to enjoy should help. After Thanksgiving I'll have more downtime so I plan on getting active in the gym again. Right now I can't devote several hours a week with my schedule.
I don't have a problem with sex (in a 5 year...
In nominal terms S&P can be 1500... Fed printing money, historically low interest rates = nominal growth for the vast majority of assets.
The stock market (with fiat money) rises with price level changes/inflation (see 1920s German stock market). CPI is ~+2.5% but all other commodities...
Hi all,
I'm curious how you guys handle stress. Not trying to sound dramatic but when one is exhausted but struggles to sleep at night due to random nervousness then there may be a problem developing. Sleeping has never been an issue either.
The bizarre part is that I don't even have any...
I used to enjoy reading ZH in 2008... but now they just post doomsday scenarios every week. Seriously it's just a perma-bear blog.
One day the market will get crushed and those gurus will act like they actually predicted something.