Recent content by nLepwa

I run my own fund and I use it to trade client assets. I can share some insight. You have the onshore jurisdictions (USA, Luxembourg, Switzerland,...) and the offshore jurisdictions (Bahamas, Guernsey, BVI,...). In the offshore jurisdictions it is much cheaper to open a fund. They all more...

I agree with you, they are better edges than the ones I am using. And I agree with your list. The two ones I give are also edges as they are stationary processes that allow for positive expectancy (like the ones in your list). Edges do not need to be secret or have limited access to be...

Both are consistant statistical processes (i.e. stationary processes) that can be exploited to build positive expectancy trading strategies. I think it would be the definition of an edge, wouldn't it? Ninna

We havn't see many edges in this thread so far... People either speak of their strategies (strategy /= edge) or their brain (brain = not quantified = convenient illusion = dumb luck /= edge). The two edges I use the most: 1. Prices tend to exhibit autocorrelation in longer timeframes 2...

I live in Geneva, Switzerland. Median monthly salary:7'000 US. 2 bedroom apartment rent: 2.5K$ Average house price: 2'500'000$ Big Mac Menu: 15 USD Volkswagen Golf: 30 K 1 Galon of gas: 8.5 USD 1.5 Liter bottle of Coke: 2.5 USD Healthcare a year: 4'000 USD Doctor...

Current tax of 0.1% proposed by France is too high. It would kill medium-term investing. For instance our main fund trades 1-2 times a month which is quite low. Still the tax would kill us. However a smaller tax (0.01% maybe) would help get rid of HFT and make the market more efficient...

That's quite funny because this morning I was discussing with a dentist friend in Geneva who was telling me he had horrible teeth as a chat. (His teeth are now perfect). He had to wear all kinds of dental devices. He was arguing that dental care is so good and so cheap (thanks to the great...

Haha That is exactly what lead America to the terrible economic situation it is in. It amazes me how the US government won't let you drive with a broken glas but THREE years after the 2008 crisis it still allows individuals to over-leverage to hell. To OP, make sure you keep your personal...

Well salaries are also among the highest in the world... Speedtraps are no Swiss classics. All of western Europe in massively putting up speed traps in an effort to reduce road mortality. I personally don't agree with it as I think there are better ways. Ninna

Seeing Switzerland's exceptional economic situation before, during and after the 2008 crisis I'd rather bet my money on the collapse of the USA (as we know them) than Switzerland. Ninna

1. Zurich has also been for several years in the top3 cities regarding quality of life. 2. High suicide rate is typical in rich countries. 3. Again, high divorce rate is typical in rich countries. 4. Personally I prefer weather in Switzerland than in FL. I like having four distinct seasons...

Actually according to independent international audits Switzerland is one of the least corrupt countries (far less than the USA...). It is very easy to understand intuitively... Switzerland is one of the richest countries. Rich countries are less likely to be corrupt. Beside important...

Actually you pay less taxes in Switzerland. And you're not taxed on your wealth in contrast to France. The highest tax rate is 35% on your salary. If you're not a swiss citizen and your business is not in Switzerland you can apply for a tax forfeit based on the value of your house. Ninna

This is plain wrong both in terms of millionaires/population and millionaires/square km. Ninna

Depending where in Switzerland, it would be between 55-65k CHF or $67-79k. The median salary is ~80k CHF or $100k. Ninna