It's not a style-drift nor outside the fund's charter. He's known as an activist and a concentration player. He once opened a separate fund just for his SHLD longs. HF as a term is an anachronism. Very few funds are pure long/short in this mkt.
It's funny Surf. You could simply use TOR (as you are) and post here w/o announcing your presence as a banned alias, but you cannot. Your psyche can't handle posting anonymously. Outwardly, it's an expression of cognitive dissonance; you realize you'll be banned yet you cannot post simply as...
I don't know about you all, but if I am going to be up all night it's going to be in a club in Ibiza, not glassy-eyed and watching algos from 10:30PM to 5AM. You couldn't pick worse hours to trade US products.
Well I see nothing here that makes me believe he did what he states in the "article." No independent verification.
The Reuters piece had a disclaimer. The CNN piece uses the same pic.
Veteran Trader Timothy Sykes Creates Two Millionaire Students, Proving the Average Joe Can Outperform...
They had courses on linear alg/topology in my HS. Did you take anything past Calc? Don't tell me you did. The point is that the system is fine for those that can excel (will). There has to be a population in the bottom deciles. It's why "Rank and Yank" is so prevalent in the Ivy League. How do...
Nature vs. nurture? It's a cop-out. Most parents do what they can with what they have. It's the demographic of where I am, but I don't know any degens with kids. Maybe they're drunk every night but they're high-functioning if so.
I have a kid with a 200IQ who's ADHD. He can do linear...
Buffet bought the top of the mkt. Vic bought the top as well; both shorted index puts. The difference was that Buffet had the terms and no mark to mkt.
Anyway, I am not going to propose buying vol in this capacity. I knew another guy at Peak6 in 1999 that put his retirement assets (most of...
92-09, so effectively no. He had a book of 12-15 names by that time and a decent portion was earned in the bubble, but this includes being carried out in the crash in 2008. He had close to 200MM at the peak and the stress of managing a book like that got to him. He's truly retired now and I...
Risk is limited to zero, not so with calls.
There are tons of eq overlays on the inst. side doing short puts. There is nothing wrong with a pure portfolio of naked ATM (30-50D) short gamma. Don't leverage beyond RegT margin (50%) and limit it to stocks you wouldn't mind owning for a year or...