OK thanks.Yeah, I can't name anyone who's read the CRR book. I won't allow any of my kids trade without first reading Hull, twice.
What about Colin Bennett's Trading Volatility?
OK thanks.Yeah, I can't name anyone who's read the CRR book. I won't allow any of my kids trade without first reading Hull, twice.
Whelp everyone knows THE Bible says there is nothing new under the sun.Ouch, bad memories. I still have an old red notebook filled with notes solely pertaining to that book. I went page by page, formula by formula dissecting it.
In retrospect I'd say it contributed $0.00 to my P+L.

here is a free pdf of the 8th edition:Just a warning. That's the 6th edition. It's now in 10th.
I have the 9th edition (Global edition). If one wants to go through everything in the book, some math knowledge is required like like logarithms, Neper number, integrals, differentials, etc.
I think anyone can skip the theoretical part of it and still get a good chunk of the book.
RenTech's reality is Medallion Fund is only available to current and retired employees. Not unusual though.Probably. Probably as much as RenTech's fantasy.
RenTech's reality is Medallion Fund is only available to current and retired employees. Not unusual though.
RenTech's three other funds (REIF, RIDAF and RIDGEF) are all open to the public and beat the S&P once again last year and year to date currently.
SPY 10 yr rtn ~ 14.5%, one yr ~26% with one negative year (2018). REIF better have no negative rtn so that on a risk adjusted basis it is better.REIF 10 year return of 7.6% and YTD 17%. Believe the other two are similar.