Jojo

PSG 🇫🇷🇪🇺🏴󠁧󠁢󠁥󠁮󠁧󠁿

[Jojo @Jsjw1990]

@NEDUszn8 Cannavaro

[Jojo @Jsjw1990]

@blondesnmoney IG index IPO market

[sysls @systematicls]

Most factor investors are trading the wrong thing.

You found a signal. You want exposure. So you sort stocks, go long the top quartile, short the bottom... and call it a day.

The problem you'll face is that the "value portfolio" isn't pure value. It's value + whatever other systematic risks happen to be correlated with cheap stocks.

You've introduced unwanted bets to your signal. Here's how to actually trade factors and not proxies for them.

(I'm going to try something new where the I'll grant free access to 10 random users who retweet and comment *anything* at the end of the hour!)

👇

[Jojo @Jsjw1990]

@systematicls Anything

[Andy Constan @dampedspring]

B+

[*Walter Bloomberg @DeItaone]

*US 10Y NOTES DRAW 4.43% VS 4.46% PRE-SALE WHEN-ISSUED YIELD

[Special Situations 🌐 Research Newsletter (Jay) @SpecialSitsNews]

Mutual Fund Cash Lowest in History of BofA Data Set

[Jojo @Jsjw1990]

@PressReaderCare hi, any issue with the app? Cant browse the catalog anymore and only have access to downloaded magazines

[Jojo @Jsjw1990]

@jeuasommenulle He s a lucky man���.

[Bob Elliott @BobEUnlimited]

The average retail portfolio experienced a 35% drawdown in '22 and is only now getting back to highs on a nominal basis and still has another 10% to go to return to highs on a real basis.

[Jojo @Jsjw1990]

@EdConwaySky @SMMT Highly speculative but could it just be that car sold in Azerbaidjan was made through Russia before and it s not the case anymore?

[Jojo @Jsjw1990]

@jeuasommenulle Interesting that France did nt move in the pack.. livret a I suppose

[JohannesBorgen @jeuasommenulle]

@FFLose Vieilli comme du Mont d'or

[Jojo @Jsjw1990]

@RobinBrooksIIF Do you have aggregate figures of increase versus the level of downside export to Russia? Is it meaningful or is it small amounts? Not saying small amounts should not be taken care of but just not the same problem

[Jojo @Jsjw1990]

@KillinGswitCH98 My understanding is they were bidding above market pricing in Metalcorp…

[Jojo @Jsjw1990]

@KillinGswitCH98 How much of stressed (maybe less for distress) would nt be in stressed if rates did nt move that much?

[Jojo @Jsjw1990]

@tasosvos There is huge amount to refinance in 2023 so make sense to come now

[Jojo @Jsjw1990]

@KillinGswitCH98 Same day a Korean nuclear power supplier is issuing as well…

[Jojo @Jsjw1990]

@KillinGswitCH98 @CesareRas Option expiry not helping

[Jojo @Jsjw1990]

@HeardFloor @IlliquidTrader @MikeZaccardi But one needs to consider the way up