The Legend of David E. Shaw: Hiding in Plain Sight

[ETJ]

http://alphacution.com/the-legend-o...il&utm_term=0_98541b806d-d1dd1da7c0-204597581

 

[nooby_mcnoob]

So someone charted 13F filings?

 

[tommcginnis]

Meh. Who cares?
He doesn't use "price action" -- he's a nobody.

 

[R1234]

Their flagship fund from inception (2001) to now has produced annualized net return of just over 10%. And they are managing $50 Billion. One must assume they have an astronomical Sharpe ratio because the returns alone do not justify that AUM. Does anybody have access to their Sharpe?

 

[SteveM]

Shaw's true legacy is how he disintermediated the entire financial services industry. That giant profit center that market makers, options dealers, floor clerks, locals, etc used to enjoy back in the 1980s was essentially streamlined and funneled into the pockets of guys like D.E. Shaw and Citadel, who were at the right place at the right time during the start of electronic trading. It is estimated that 8,000 or so jobs were lost on the trading floors of NY and Chicago alone.

 

[Nobert]

Meh. Who cares?
He doesn't use "price action" -- he's a nobody.

that's technirism/tecnirimination

 

[zdreg]

It is estimated that 8,000 or so jobs were lost on the trading floors of NY and Chicago alone

re:alone
Are there other floors worth mentioning other than Chicago and NY?

 

[GRULSTMRNN]

Lol.

Their flagship fund from inception (2001) to now has produced annualized net return of just over 10%. And they are managing $50 Billion. One must assume they have an astronomical Sharpe ratio because the returns alone do not justify that AUM. Does anybody have access to their Sharpe?

 

[noddyboy]

http://alphacution.com/the-legend-o...il&utm_term=0_98541b806d-d1dd1da7c0-204597581

What is the information here? He holds all of the a stocks in the Russell and probably hedges with futures

 

[helpme_please]

Meh. Who cares?
He doesn't use "price action" -- he's a nobody.

I read that article and it did not say he doesn't use price action. I would expect that he does use some degree of price action.