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    Looking capital

    You might work on your grammar a bit if you're going to pitching US investors.
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    Where were their trading profits coming from?

    2/20 on billions of AUM, to start.
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    Event-based strategies

    When a fund says they're event-driven, they're talking about corporate events.... Earnings, news, spinoffs, restructuring, etc. I think the other case you're referring to is more microstructure based, like measuring time via trades or volume rather than clock time. I think in that context...
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    No idea how to begin

    None of those problems are really problems if you're making money trading and have a sustainable edge. Your tax returns will prove your income rather than a W-2. You can buy individual health insurance. The CPA and choice of sole proprietor vs. an entity is covered here already. The short...
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    Cities for starting a prop firm/hedge fund?

    OP, what are your requirements for an office in the first place? All of these attributes are available somewhere but rarely in the same place, so you will have to prioritize. Low cost of living Availability of cheap university talent IT connectivity Proximity to financial centers / counter...
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    Positive Slippage Ideas

    He's talking about something like a long term trend system that buys a 200 day MA or high/low, but then he puts on a 1/3 position for the initial signal, then adds 1/3 and another 1/3 as it goes against him. If it keeps going against him, he gets stopped out on all 3 but for the price of the...
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    Concept for an Automated Strategy Development Process

    You're going to have trouble backtesting on fundamental data unless it's the expensive "Point in Time" version that shows the info that was publicly available at the time. The cheap databases are full of numbers that got revised later and weren't currently available at the time.
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    Billionaires Dumping Stocks

    I don't know if he covered or not, but they were long dated Euro-style and he didn't have to post any margin. Can't see why he would get forced out of them by a counter party. They do get marked to market on BRK's balance sheet.
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    Internet-trained Apple analyst lost tens of millions of other peoples' money

    It's especially hard on pro gamblers since they disallow *any* kind of carry-forwards except for expenses.
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    No Federal Funds to Transport Obama to/from Golf Courses Until WH Tours Resume

    Shall we just ask the President to take Friday's off now too? You know he already works basically 24/7.
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    Is this a neutral strangle?

    Think about what happens if the underlying finishes at 35.
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    Searching for books...

    There are quite a few on torrent sites, mostly worthless ones though.
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    Shorting Leveraged ETFs

    I got the impression that if the borrow fees didn't get you that the costs to rebalance would.
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    Insider Information on Takeover Rumor - Using Options To Make A Million Dollars!

    The market makers have a pretty good track record at getting their money back if you whack them on inside info. Be careful.
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    Advantages of the ES over SPY ?

    60/40 taxation for Section 1256 contracts.
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    Is Phil Grande's paid trading site any good?

    Why would he sell it if it's so great? If you want to follow the smart money just piggyback on Einhorn, Loeb, etc. through their 13D's for free.
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    How do hedge fund managers know who is doing the buying?

    Relationships with brokers?
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    some inside color...

    long vol in Immobilarre?
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    LEAPS as financing tool.

    Answered my own question. Options to express 100 deltas of BRK B are much cheaper than the equivalent dollar amount of AAPL due to the difference in vol.
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    LEAPS as financing tool.

    No. Not for long options.
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