Recent content by Better Yeti

Hey, I have an idea for you guys: instead of the whole "shoot the messenger" exercise you're indulging in, how about instead you guys put your money where your mouth is and submit your little trading system to Quantopian? If it works, they'll push a ton of money at you and award you 10% of the...

Here's what I know: You have 2K+ posts and a single "like". It's not hard to see why. With brittle, cranky pedants such as yourself spreading harmony and understanding, it's not hard to see why I'll be spending less time here. I hereby apologize for misspelling Ray Dalio's last name...

It's Buffett. He's always good for a bon mot or three.

Oh my. You're a charmer. A little prickly, too. You must not be terribly sure of yourself. Your tenor is pretty classic: stentorian True Believer. I question you, and you fall back onto an argument of ... seniority? Really? Because I guarantee you you'd lose that contest IRL. Not that this is a...

I glossed it. I concentrate on the essential. (You should try it sometime...) My essential point is that a mathematical anomaly that much out in the open in the age of Big Data and Machine Learning is highly, highly implausible. From my end of the telescope, it scans like somebody saying, "Hey...

Believe me, it's not as fun as it sounds.

I don't believe it. And neither does the SEC believe Karen Supertrader, as she's currently under indictment. You just keep humping that unicorn, sweet pea. Some of us have a more skeptical nature.

The impressive thing is the lack of draw-downs out of the gate. Every system I've ever run begins with losses, as most smart algos narrow down to some variation on the dump-losers-first-let-winners-run theme. You do not seem to have this problem. I have never seen this not to be the case. PS...

The don't brush it away. It's there. It's just in historical context. Obviously none of us are going to live 120 years, so if you were there, yeah it was obviously traumatizing. But if you bought the bottom and lived for the next 40 years, well, you also kicked butt. It's all about entry points.

Agree with most everything you wrote, except for the end-times fatalism. People who bet against humanity and its long-term march of progress have, historically speaking, a terrible track-record. As the man said, "Never invest for The Apocalypse; It only happens once, and you can't collect."

I have to say that, on first blush, Karen's strategy is pretty superficial and numerically naive. Without disclosing too much, I can say that I have some insight into Jim Simon's quant shop as well as some other big data/machine learning shops that look for tradable patterns in oceans of data...

Ouch. https://www.thestreet.com/story/13593247/1/karen-the-supertrader-s-winning-strategy-relied-on-fraud-sec-alleges.html

Dan Loeb, I think. The same guy who smoked him on a road-bike ride through the Hamptons. Ackman went out hot, then ended up bonking, big-time. Ah, the drama.

I like to study people who generate alpha. Dahlio clearly does that.

Nice post. Too bad it's pearls before swine.