Andy Aiken

Macro/quantitative investment. Crypto/DeFi, Equities, Futures, Volatility

[Andy Aiken @meta_cap]

@gboddicker What are you looking at?

[Dr. Biohacker @Dr_Biohacker]

This new magnesium study is insane.

Healthy adults taking 2 grams of magnesium daily showed a 7.5-year reduction in cognitive brain age. The score combined working memory, episodic memory, and reaction time.

Here’s the break down (1/10):

[Nassim Nicholas Taleb @nntaleb]

Where we see evidence that mathematicians are more interested in the welfare of mathematicians than the improvement of scientific knowledge.

[Andy Aiken @meta_cap]

@peter_c_earle The dream of post-scarcity, forever just beyond our grasp.

[Andy Aiken @meta_cap]

@Vibatron @ThinkingUSD He didn’t say “every waking second on charts”. He said “learning about assets or thinking about markets “.

[Andy Aiken @meta_cap]

@peter_c_earle Agreed, but I think the same of libertarians who argue for unrestricted immigration without first insisting upon the dismantling of the welfare state, or strict enforcement of public charge restrictions on immigration.

[Andy Aiken @meta_cap]

@BillAckman They think you have to do business in NY. They’ll maintain their conceit even when most financial institutions have moved elsewhere.

[Andy Aiken @meta_cap]

@orrdavid Yes, the Michelin ratings are tougher in NYC than in Europe. I’m usually disappointed with starred restaurants in Europe.

[Andy Aiken @meta_cap]

The factions on the right have existed since before WWII, and social media has allowed the postliberal and paleocon perspectives to be expressed instead of being edited or censored by gatekeepers.

Solidarity on the right can happen again, but it won’t look like Cold War fusionism.

[Andy Aiken @meta_cap]

@twiggysays @calvinblissett Yes, much later. In the 50s Buffett primarily bought insurance firms trading at a steep discount to NCAV.

[Andy Aiken @meta_cap]

@peter_c_earle They’re like the murderer who says, “…and then the gun went off.”

[Andy Aiken @meta_cap]

@automaticslay @VinIyengar It’s not the long hours that JPM requires, it’s the low ROI on those hours.

[Andy Aiken @meta_cap]

@peter_c_earle That’s why she’s working at a news organization. If your analysis puts money on the line, you don’t speak/write that way.

[Goshawk Trades @GoshawkTrades]

"the thing with research is, for the most time, you're wrong."

a quantitative researcher at citadel securities, the most profitable hedge fund in history, on what the job actually looks like day to day:

"maybe 9 out of 10 attempts are failure. if not more."

and the other half, which is what makes that survivable:

"if you can prove something is working better, in a statistically rigorous way, then it can be rolled out, trading live within a matter of a few days."

so the ratio is roughly nine dead ideas to one that ships, and the one that ships is live inside a week.

nobody running research at a serious firm expects a high hit rate. they expect a fast cycle. the only thing you control is how quickly you find out and keep searching.

[Andy Aiken @meta_cap]

@DCinvestor Consensys going public will accelerate this process.

[Andy Aiken @meta_cap]

@DougKass It’s not all assets going up so much as it is the dollar and lesser currencies going down.

[Andy Aiken @meta_cap]

@peter_c_earle Agreed, but I’ve heard that claim from some corners.

[Andy Aiken @meta_cap]

@Travis_Kling In other words, they left because he opposes top-down regulatory state intervention against AI development, which they favor?

[Andy Aiken @meta_cap]

@larpcapitalwc Note that the piece was written/edited by Bo Keely using articles Vic had written at Daily Speculations and elsewhere over the years as source material.