Well, personally, I don't know that I could find enough talent that I would want to do business with. Unfortunately the trading world is full of...
Good points.
I understand where you are coming from, but the concept of rev sharing is really the driver of any type of relationship like that. In my...
This sentiment is precisely why there are more edge providers in vol trading than in direction. When the vast majority of participants give...
I've thought about this several times Heech as there are guys like you who run funds with equity curves similar to mine and would make a coop...
Yeah, which still doesn't count in my book of alpha generators.
Not at all. I'm arguing that 'gut feel' isn't a strategy and doesn't belong in the same discussion. There is no way to quantify or describe the...
In all the above cases, a longer term volatility view will still likely result in some reversion. The same cannot be said about directionally...
Documentary footage, interviews, etc... all give me the impression that he is a 'gut feel' type of guy. When he has a big win, he seems just as...
Wasn't implying that the retail trader has the ability to know the cause of the inefficiency. Just that a vol trader can see it happening and...
Tudor doesn't fall in that category for me.
Why is that always the go-to assumption? EVERY strategy has a scaling cap. Most managers producing the numbers I mentioned are under $10MM, and...
Not sure I follow your argument that "spreads still lose when implieds decrease all else being equal." Why is it naturally assumed that spreads...
Not enough info. First off, strictly speaking, you cannot be naked long an option. 'Naked' specifically means that you wrote a contract and...
I'm not the developer at my firm, I've got a computer science grad for that. He is versed in C#, Java, R, Matlab, SQL, and a bit in Python. So...
Less sophisticated HNWs are pretty much the only ones lighting up at 100% returns. Professional managers almost see it as a disqualification....
Ditto. It isn't just coincidence that Heech and I run into the same stories and the same problems in raising capital. You would think that every...
BTW, a good trading program should not be "gambling", regardless of the ave holding period. It should have a demonstrated positive expectancy...
I realize that when investing your own capital, your take is now 90%, but there are many established programs out there that will give you similar...
I was suggesting that there are only three main categories for them actually seeding start-ups.
Separate names with a comma.