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    Average US new home price $237,000?

    haha, the world is flat!!
  2. L

    I got a hedge fund job

    Yup, based on what you've told me you're def in the middle office, if you can program in this day in age you'll have a lotta opportunities open up... In fact I think the reason why other HFs haven't been tryin to court you is that you're straight outta college, get a year of experience under...
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    I got a hedge fund job

    Middle office has to involve a risk analysis component... You'd have to be doin P&L, allocations and most importantly, analysis of risk vs. reward. You'll hve to explain to the bosses exactly where the performance each day came from and how much risk is in the books... If you're just bookin...
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    I got a hedge fund job

    Here's my two cents: 1) The deal is sound. Coming right oout of college, somebody in your position would, like you said, prob be making 50K or so, especially considering it's trade support... 2) After 3 years, I'd say the avg salary for somebody in the back/middle office of a HF can easily...
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    Bond rally nearing an end?

    Brutal auction today, is it telling that it's the belly of the curve that got hurt, or is it just because you get some of the least value with those 5-yrs..
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    Bond rally nearing an end?

    Time to call it a week and hit the links...
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    Bond rally nearing an end?

    hmmm, five handle by february huh? I think if we make it through this brush up at the 4.83 mark there isn't much in the way between here and 5%... It's good to see a bit of two way opinions on teh boards, if everybody was aiming the same direction we're all basically dead when the contrarians...
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    Bond rally nearing an end?

    I still read his blog, it's one of the most consistent out there, which I appreciate... Ya, this thread seems to be the only serious thread that talks about bonds... No bashing, nobody talking up their trades, lotsa shop talk, fed talk, unbiased opinions... all the makings of a long lasting...
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    Bond rally nearing an end?

    Beyond the CPI, we are talking real wage pressures here, annualized at a 4% clip now, that's what really worrisome (I don't care if you believe in push or pull inflation, companies having to pay more to hire workers does not bode well for efficiency)... Beyond fast money, you're spot on about...
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    Bond rally nearing an end?

    The housing bubble was yet another asset bubble that shows the true nature of the beast: inflation. We are seeing a resurgence of stock prices at the end of the year due to excessive liquidity, out of housing and into other paper. I love the discussion of the housing market, because it was most...
  11. L

    Interest Rates

    Nice bloomy chart, ya, it's been a 20 year bull market for bonds, 2007 will be telling if a bear market does hit us, it'll hit us hard...
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    Bond rally nearing an end?

    I think it's telling that we have direction at all this time of year, regardless of volume yada yada, my vote is if you're already in, hold, and if you're still on the sidelines, wait until the new years...
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    What is a trader's "Book Size" or "Size of Book"?

    Start off in teh hundreds of thousands, and work your way up, topping out at about 20 million...
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    Bond rally nearing an end?

    A multi-trillion dollar market for derivatives, and not all of it hedged but outrights, doesn't bode well if it outpaces the underlying market. The backoffice is still trying to tie these puppies out, months after they've been initiated. Having said that, the doomsday scenario has been around...
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    What is a trader's "Book Size" or "Size of Book"?

    Umm, I think the book size has more to do with Dollars at your disposal. At a dealer, the MD will allocate a book size based on your experience and what risk they want to take. If they give you 100K, some of that may be borrowed money, but obviously this money is backed by the bank/dealer. What...
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    starting out at swift Trade

    Wow, if you think 600 is a little, you'd be VERY lucky to get that in your first few months... IN fact, I think you go net negative your first few months, coz they make you pay desk fees, so it really isn't trading for free...
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    Hedge Fund for sale.

    The valuation of most mutual funds is, as I understand it, about 5% of assets... Now this differs whether or not there is a trend towards net redemptions or net subscriptions... With a hedge fund it's a lot different, since revenue flows are consistent with performance in addition to AUM... I'd...
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    Technical Analysis, from a Quant's Perspective

    There really shouldn't be any overlap, it's pretty consistent if you read most hedge fund books, and not rely on the guy down the street saying he's a quant... - Technical analysis is simply the study and belief that previous prices can determine future ones. That's it, you can get all...
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    Trust unit price declines after dividend.

    If the dividend is say 10 cents, the stock will drop 10 irregardless of market factors ON Ex-Date. If this didn't happen you'd have a good arb opportunity...
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