The secret of Hedge Funds is revealed in a 17 page PDF.
Stanford released the complete Hidden Markov Model framework that quants at firms like Jane Street & Two Sigma are known to use & released it for free.
Bookmark this & read the article below before someone takes it down.
@mmoyshaa@51bodila Oh indeed it does!! Very much so... I welcome you to try with a good model, the most pristine and magnificent model with tons of latency in HFT world! Speed is everything! Period...
@51bodila Well as we all know, since there is no edge here, and evolving dynamics took away everything, they are explaining a text book example! Dont worry you wont make any money out of this, since the edge is gone, but sure, let them take credit for teaching what used to be an edge!!
@OnlyOTrades So @grok whats next here? Since proposal is out, in the scenario of hostile takeover like Twitter, what is next? Share holders are forced to vote by rule? How does this proceed? Especially knowing eBay will hire law firms to navigate this, who own decision making power now??
Two economists just published a mathematical proof that AI will destroy the economy.
Not might. Not could. Will β if nothing changes.
The paper is called "The AI Layoff Trap." Published March 2, 2026. Wharton School, University of Pennsylvania. Boston University. Peer reviewed. Mathematically modeled.
The conclusion is one sentence.
"At the limit, firms automate their way to boundless productivity and zero demand."
An economy that produces everything. And sells it to nobody.
Here is how you get there.
A company fires 500 workers and replaces them with AI. A competitor fires 700 to keep up. Another fires 1,000. Every company is behaving rationally. Every company is following the incentives correctly. And every company is building a trap for itself.
Because the workers who were fired were also customers.
When they lose their jobs faster than the economy can absorb them, they stop spending. Consumer demand falls. Companies respond by cutting costs β which means automating more workers β which means less spending β which means more falling demand β which means more automation.
The loop has no natural exit.
The researchers tested every proposed solution. Universal basic income. Capital income taxes. Worker equity participation. Upskilling programs. Corporate coordination agreements.
Every single one failed in the model.
The only intervention that worked: a Pigouvian automation tax β a per-task levy charged every time a company replaces a human with AI, forcing them to price in the demand they are destroying before they pull the trigger.
No government has implemented this. No major economy is seriously discussing it.
Meanwhile the numbers are already tracking the curve. 100,000 tech workers laid off in 2025. 92,000 more in the first months of 2026. Jack Dorsey fired half of Block's workforce and said publicly: "Within the next year, the majority of companies will reach the same conclusion."
Nobody is doing anything wrong. Companies are following their incentives perfectly. That is exactly the problem.
Rational behavior. At scale. Simultaneously. With no mechanism to stop it.
Two economists built the math. The math leads to one place.
Source: Falk & Tsoukalas Β· Wharton School + Boston University Β·
https://t.co/4m8E9jQNYm
Wow.
A former US Treasury Secretary suggested US authorities prepare a back-up plan in case of a collapse in demand for Treasuries.
This is the same guy who served during the Great Financial Crisis.
Nothing to see here...
BREAKING: Just 20 minutes before Trump's announcement that the Strait of Hormuz was open, massive trades hit the market.
Investors sold a combined 7,990 lots of Brent crude futures, βa $760 million bet that oil would go down.
These orders were much larger than anything else at the time.
The traders made huge gains.
Unusual.
@FL0WG0D for this to be bottom, they need to sell the put, no?! This is coming at the ask?! Hmm.... There is no clear indication is they sold to open ...