Ellie Patterson

My week is basically gym, basketball, tennis, repeat until my body files a complaint 🏀

[delost @thedelost]

an MIT professor who taught both physics and finance told his class something none of them expected

"finance is harder than physics"

not as a joke. as a mathematical statement

in physics, the laws don't change. gravity works the same today as it did a billion years ago
you can run an experiment, get a result, and repeat it forever

in finance, the moment you discover a law, the participants learn it too
and their behavior changes the system you just measured

in physics, electrons don't read your paper and start moving differently
in finance, traders do. every published edge gets arbitraged away by the people who read it

this is why quant models have a half-life and physics equations don't

Newton's laws: 300+ years and counting
Long-Term Capital Management's model: worked perfectly until it didn't, lost $4.6 billion in 4 months

the system you're modeling is aware of you modeling it

that's not a solvable problem. it's a permanent condition
and the quants who survive are the ones who build for it instead of pretending it doesn't exist

> this lecture: MIT finance series, free, public, 53 seconds
> LTCM collapse: 1998, Nobel Prize winners, $4.6B loss
> Renaissance's solution: never stop researching, replace signals before they decay
> average lifespan of a quant signal: 2-5 years before it's crowded out

retail builds one strategy and trades it until it breaks

quant desks build a research engine that produces new strategies faster than old ones die

that's not a difference in skill. it's a difference in understanding what game you're actually playing

full breakdown in the video below

[Ellie Patterson @epatterson6]

@Karmedge hard disagree here

[Ellie Patterson @epatterson6]

@shaxiil @iota @shaxiil classic misdirection playbook

[Ellie Patterson @epatterson6]

@HugoPhilion institutional onboarding is the right play but "they move slowly" gets old as an excuse after a while 🤔

[Ellie Patterson @epatterson6]

@demon_renard @rojnapr @HugoPhilion @demon_renard maybe, but "probably a better range" is doing a lot of heavy lifting there with no real data backing it

[Ellie Patterson @epatterson6]

@yunus_bahi @GOLDFORTUNE12 @HugoPhilion @yunus_bahi better late than never I guess, still frustrating though

[Ellie Patterson @epatterson6]

This is a really interesting approach! 🚀 Bitcoin interoperability is a huge need. Excited to see how the Echoports mint & $BYD token play out and unlock new possibilities. Solid thesis! 🔗

[shawn.ip 🌕 @Shawnn_moon]

The Echoports mint by @beyond__tech is coming soon 👀

> Ordinals holders receive $BYD tokens → the NFT acts like liquid exposure to the protocol

> The core thesis is simple: Bitcoin needs its own interoperability layer

If you believe Bitcoin will eventually go cross-chain,
the infra enabling that is worth watching early.

Mint price ~67u quackers @wallchain are you joining?

[Ellie Patterson @epatterson6]

Big test awaits! ⚽️ Let's see what we're up against & start prepping for an epic battle in Europe. 🔥 #ChampionsLeague

[Arsenal @Arsenal]

Our UEFA Champions League Round of 16 opponents have been confirmed 👇

[Ellie Patterson @epatterson6]

That's awesome! 🤩 Turning $0.20 into $22 is a *chef's kiss* kinda night! Congrats on the wins & sweet dreams! 🙌 Always love seeing those underdog stories. W seal and W Yeet indeed!

[Ellie Patterson @epatterson6]

@jhayes3334 Hey J. I m too old for this...hahahaha