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  1. M

    Quant’s winter tail

    That, again, is very easy to find: https://www.cornell-capital.com/blog/2020/02/medallion-fund-the-ultimate-counterexample.html The net asset value of Jim Simmons of USD 30 billion is also a quite strong hint of exceptional performance. Of course you cannot compound at these returns for ever...
  2. M

    Quant’s winter tail

    Yes, that takes a few seconds: "Renaissance's flagship Medallion fund, which is run mostly for fund employees, is famous for the best track record on Wall Street, returning more than 66 percent annualized before fees and 39 percent after fees over a 30-year span from 1988 to 2018."...
  3. M

    Quant’s winter tail

    I know exactly what Jim Simmons achieved. I know exactly what Stanley Druckenmiller achieved. I have no clue what Cliff Asness has achieved except for the fact that he is a billionaire on pension portfolio managers seeking a place to put their funds other than a passive market index fund that...
  4. M

    Quant’s winter tail

    No, but we would know whether Asness has outperformed or not.
  5. M

    Quant’s winter tail

    Show me one factor fund. Just one that have achieved this outperformance in practice. I know Cliff Asness has become a billionaire based on these graphs. But where is the actual real world fund with real world returns?
  6. M

    Quant’s winter tail

    In other words, we cannot check the historical performance of the strategy?
  7. M

    Quant’s winter tail

    "AQR’s Absolute Return strategy — its oldest investment vehicle, which combines a broad array of its investment approaches — returned 16.8 per cent in 2021, and in 2022 it notched up a net gain of 43.5 per cent, its best performance since its inception in 1998. So far this year it is up 19.4 per...
  8. M

    ALT versus NVO

    Well, now ALT is up 100% measured after the annoucement of phase 2b data, so everyone could have joined in without the risk of the announcement.
  9. M

    ALT versus NVO

    https://www.marketwatch.com/story/altimmune-shares-pop-as-analysts-see-obesity-drug-partnership-potential-524ea4f4 I find it difficult to understand why the market cap is only USD 325 million in this red hot weight loss drug market?
  10. M

    IB's new graphic for classical TWS

    Latest. I can see I can change it manually in settings. I don't know why it changed.
  11. M

    IB's new graphic for classical TWS

    It seems the font has gotten bigger and the background has changed from light grey to black. Other changes?
  12. M

    ALT versus NVO

    ALT only a few days ago traded close to net cash. Current market cap is USD 348 million. NVO market cap is USD 431 billion. It is Europe's largest company. 1238 times larger market cap than ALT. The phase 2b data for ALT's potential competitor was released a few days ago and appear to be as...
  13. M

    Hiring someone to replicate an academic article

    Free advice: Look at every single AQR fund's excess return if you want to know how this works in the real world.
  14. M

    Can Forex ever be a job?

    No
  15. M

    Bloomberg intraday data only 250 days history

    250 days is nothing. I have profited from strategies lasting 15 years. I have tested hundreds of strategies working for at couple of years that were reversed going back 3 years. I need much more than 250 days to gauge the odds.
  16. M

    Bloomberg intraday data only 250 days history

    So you pay USD 24,000 per year for 250 days of intraday stock data. Is there a data vendor with a longer history than 250 days and the ability to scan intraday data?
  17. M

    Thinkorswim now on schwab - can you trade after-hours 16:00 - 16:05 PM?

    Are we talking about the same thing? Can you choose to trade in the 16:00 - 16:05 PM window by ticking yes to that in settings?
  18. M

    Thinkorswim now on schwab - can you trade after-hours 16:00 - 16:05 PM?

    The logical approach that Schwab should take is to make clients actively tick yes to trading from 16 PM and likewise from 9:25 AM instead of putting their clients at a disadvantage to clients using other brokers.
  19. M

    Thinkorswim now on schwab - can you trade after-hours 16:00 - 16:05 PM?

    On Schwab you cannot trade after-hours from 16:00 PM - 16:05 PM. Now that Thinkorswim is on Schwab, can you trade after-hours from 16:00 PM - 16:05 PM?
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