Luke Tucker

Passionate about equities and systematic investing. Sinner saved by grace.

[Luke Tucker @LukeTuck31]

Our greatest fear should not be of failure. But of succeeding at things that do not matter.

-D.L. Moody

[Luke Tucker @LukeTuck31]

@NHSEaglesBB @Deacon_avery11 Go Eagles! Go Noles!

[Luke Tucker @LukeTuck31]

@BjornLomborg @CliffordAsness The most expensive film ever produced.

[Luke Tucker @LukeTuck31]

@BobMurphyEcon https://t.co/XqLgIOHmqW

[Luke Tucker @LukeTuck31]

@CliffordAsness Among other problems, we suffer from watching too much Mr. McDuck growing up.

[Luke Tucker @LukeTuck31]

@CliffordAsness Among other problems, we suffer from watching too much Mr. McDuck growing up.

[Luke Tucker @LukeTuck31]

@BobMurphyEcon Gemini

[Luke Tucker @LukeTuck31]

@lisaabramowicz1 Please use TIPS yields for this sort of analysis.

[Luke Tucker @LukeTuck31]

https://t.co/FAoFmqogyY

[Jeff Weniger @JeffWeniger]

More than half the S&P 500's total value is now in stocks priced above 10x sales. This was once considered an outlandish valuation, as it leaves little room for error. The list includes Nvidia, Apple, GOOG, MSFT, Broadcom, Tesla, Micron, Eli Lilly, AMD, Oracle and 57 more.

[Luke Tucker @LukeTuck31]

With the SPX at a TTM 28x earnings multiple, I can’t think of a better time to be overweight to truly diversifying alts - L/S equities, trend, reinsurance. I’d prefer to hold higher quality junk bonds for my “equity” exposure $FALN.

[Luke Tucker @LukeTuck31]

https://t.co/GVWNIkQZkk

[Wes Gray 🇺🇸 @alphaarchitect]

To all the value investors out there who have been crushed by the market the past decade...a friendly reminder that, at least historically, paying nose bleed valuations for a business typically doesn't deliver great expected returns.
cc @jvogs02 who authored this piece a long time ago
https://t.co/BZJmqT9rbE

[Luke Tucker @LukeTuck31]

@AndrewTWalker When you push an atheist to the ultimate end of their moral worldview, this is what you get. After all, we are just a chance collection of atoms floating in a purposeless universe. At least he’s honest.

[Luke Tucker @LukeTuck31]

@ptuomov @CliffordAsness Just own everything in an equal risk weighting, follow trends on top, and sleep well.

[Luke Tucker @LukeTuck31]

@PFOInvestor I’ll take their allocation.

[Luke Tucker @LukeTuck31]

@HollyBullardFL Yes, pay directly for the things you use. What a wonderful idea.

[Luke Tucker @LukeTuck31]

The market appears to see all this spending as someone’s profits, but no one’s costs.

[Mike Zaccardi, CFA, CMT 🍖 @MikeZaccardi]

GS: Semiconductor Company Revenues Are Projected to Increase by 57% in 2026 on a Q4/Q4 Basis

[Luke Tucker @LukeTuck31]

@JaredKubin @johnarnold Well said!

[Luke Tucker @LukeTuck31]

@deaninserra

[Luke Tucker @LukeTuck31]

@ThomasEWoods Finally? You and I don’t move within the same Protestant circles I guess.

[Luke Tucker @LukeTuck31]

https://t.co/1fV76EGjYZ

[Nicolas Rabener @Finominally]

Bonds vs Managed Futures: A 100-Year Perspective.
Rethinking traditional asset allocation.
https://t.co/nxbx78xf6h

[Luke Tucker @LukeTuck31]

Excellent blog series from Antti Ilmanen over at AQR called 'Understanding Return Expectations'.

https://t.co/jjiuPbeFTZ

[Luke Tucker @LukeTuck31]

https://t.co/oiZ7vZZr5p

[Jerry Parker @rjpjr12]

"During both the largest gains and the largest losses for equities, [diversified, CTA] trend-following produced its best results. This positive convexity stems from the strategy’s ability to profit from strong trends in either direction."
https://t.co/aBKmQbWwxQ

[Luke Tucker @LukeTuck31]

@ReformedTrader @Phoenix_FFM Lots of money flowing into the L/S tax aware space. I would think it could get crowded quickly.

[Luke Tucker @LukeTuck31]

@FT When they see their tax dollars going to fund “Learing Centers” in almost everything the government is involved in, who can blame them?

[Luke Tucker @LukeTuck31]

@ReformedTrader Your pastor got into researching trading strategies?

[Luke Tucker @LukeTuck31]

@practicalquant @CliffordAsness @CultishCreative @excessreturnpod Love the LSD comment at the end. To that point, please bring back the high vol risk parity fund, Cliff.