Computational Investing 1 --- Georgia Tech

[SteveNYC]

Quote from marketsurfer:

You Are not following brother. I was referencing slackers total belief in how PTJ and the others say they trade. The markets a jungle and deception is how the predators feed.

i was being sarcastic.

capm is pretty much junk.

it's something academics created so they can get paid and win that nobel prize.

it's funny how the big boys sandbag. they say one thing and they do the opposite.

markets are a shark tank. swim fast and strong or else you are going to be a tasty meal.

 

[slacker]

Week 1 Notes

The focus of the first class was "So you want to be a portfolio manager?

Looking at:

Investment Return
Reward/Risk
Ways of measuring fund performance
Introduction of several performance metrics
Sharpe Ratio reward/risk how to calculate

Homework video

Tucker shows how to download historical info from Yahoo finance.
Download 50 days of AAPL historical prices
Save to spreadsheet csv
Open data in Excel --- very good demo
Calculate Total Return and Daily Return and StdDev and Sharpe

Mechanics of the market
Order types
Short Selling
Arbitrage
Interview with Paul Jiganti of Think or Swim as a trader's perspective of market makers
==========
Very basic info -- setting the table for next week were he will introduce a Python script to download a number of stocks and then compare by risk metrics.
A lot of discussion on the class forums on the relative merit and disadvantages of particular performance metrics

Excellent reading materials to start to learn about Python to be used in next week's class.

Easy - interesting -- a lot of material for the first class ---