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  1. M

    Any Aussies here on the forum?

    Wasn't Jacinda more of a populist though? so there's really no one on the political horizon in Oz who can shake things up for the middle class?
  2. M

    Losing Trades Archive

    Redneck was a really nice guy, a rarity on this forum
  3. M

    Losing Trades Archive

    Is Redneck gone from the forum?
  4. M

    Losing Trades Archive

    Hi Handle123, Did you eventually get stopped out of this one?
  5. M

    Losing Trades Archive

    Calling all who don't mind, please share your LOSING trades. We don't care about the wins, only the LOSSES
  6. M

    Any Aussies here on the forum?

    What would happen to RE is Labour won ala Jacinda in kiwi-land? Aren't they (Labour) ahead of Turnbull et al in the polls right now?
  7. M

    Any Aussies here on the forum?

    I believe you Mickey re nasty gubmint, same thing everywhere you look around the world. Those 4 sure walk and quack like a cartel, and with Turnbull as an ex GS guy there must be plenty of goodwill towards them despite the recent investigation decision. Budget deficit of 1-2%, so I don't know if...
  8. M

    Any Aussies here on the forum?

    yeah a weaker dollar filters in through the Chinese dirty peg, but ultimately we're in a bullish phase of the global cycle. The latest jobs report seems to suggest as well, what kind of jobs were those btw? Gov. Lowe is on hold for now, I think he's well aware of the risks of popping the RE...
  9. M

    The future is bumpy - WSJ

    “Nothing focuses your mind like a drawdown,” Mr. Kharitonov said, referring to the loss. “We learned a lot from last year.” So let me get this straight. They don't know how the black box spits out its trades but they learned a lot from the loss?
  10. M

    Any Aussies here on the forum?

    Fantastic, thanks for the walkthrough. So what can be driving the mining activity pickup again? I guess China hasn't run out of unneeded crap to build (one belt nonsense) yet? Laughed out loud at the 4 seasons in one day quip. Is it true that the government has enabled this bubble all...
  11. M

    Any Aussies here on the forum?

    Thanks mate. You down there? Any color on which parts of the country are particularly in deep doo? Western? Queensland?
  12. M

    The future is bumpy - WSJ

    These guys are going to lose their shirts when the next bear rolls around. Wait for it....
  13. M

    Any Aussies here on the forum?

    What's happening in the land down under in the property market? Sounds like Australia hasn't had a recession in forever. You guys are invincible!
  14. M

    Tudor reorganizing, PTJ taking a hands-on role

    For the same reason that certain high profile hedge funds can't make money in recent years following the SEC's crackdown. These lords of the scuttle-butt never knew how to make honest money in the first place. There's a difference between being "elite" and knowing how to trade. As it turns out...
  15. M

    Tudor reorganizing, PTJ taking a hands-on role

    https://www.wsj.com/articles/steven-a-cohen-andreessen-backed-diy-quant-fund-struggles-1510095947 Nov 7, 2017: "A quant-trading firm backed by hedge-fund investor Steven A. Cohen and venture-capital firm Andreessen Horowitz has run into early problems. Quantopian gained attention by creating a...
  16. M

    Tudor reorganizing, PTJ taking a hands-on role

    I say this very respectfully, because PTJ is legit legend: I disagree entirely with the premise that there have been no great trading opportunities over the last 5 years in an attempt to justify a 1% return for discretionary macro funds. It's just that the strategic paradigms they use to trade...
  17. M

    Tudor reorganizing, PTJ taking a hands-on role

    PTJ correctly sees the bubbles in bitcoin and fine art, but doesn't see the one in quant-based trading?
  18. M

    What do you use to elevate your desktop off the floor?

    to help minimize dust
  19. M

    Why would anyone invest in these funds?

    Oh yes you are assuming too much. The fact that they are less variable is cold comfort to the rational investor. The point is that 10-20 years of data is nothing, and has been proven to provide a false sense of security. Cantab returning 0% over the last 4 years should therefore cause one to be...
  20. M

    Why would anyone invest in these funds?

    You are assuming your conclusion, once again begging the question on this claim above re "we need relatively little data". You also contradict your own statements below. If 10-20 years is not enough for statistical knowledge on returns, it is also not enough for statistical knowledge of...
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