negativecnvx

Fixed income trading

[negativecnvx @negativecnvx]

Anyone out there work in compute finance, securitization of compute assets (e.g. datacenter ABS or REITs), capital markets innovations related to AI buildout, or related fields? Would love to chat with someone about recent trends.

[negativecnvx @negativecnvx]

@iBladesi What is the point of having EARN and EFC, if EARN is going to buy CLOs and EFC is going to buy agency MBS? I don't understand the strategy.

[negativecnvx @negativecnvx]

@iBladesi Ha I was just about to ask what's going on

[negativecnvx @negativecnvx]

@TheReal50972902 That would have been a great service to the community

[negativecnvx @negativecnvx]

Tried to load https://t.co/FKVguhEBpL for the first time in years, to dig up an old thread on Ren Tech. The site doesn't load. Sad times. I and surely many others here learned a lot from that website, during the glory days of 00s forum culture. It had long since fallen to spam...

[negativecnvx @negativecnvx]

@iBladesi Interesting, did not realize they were doing that. Appreciate the heads up

[negativecnvx @negativecnvx]

@iBladesi It's got to sting a little that EARN never really took off. It's way better managed than any of those other small guys.

[negativecnvx @negativecnvx]

@iBladesi I wonder they might roll EARN into EFC? They've been buying all these other sub-scale REITs, meanwhile they themselves are running one of the smallest.

[negativecnvx @negativecnvx]

@quantymacro Some similar ideas in this paper... These sorts of effects are one reason among many for using a shrunk covariance matrix as opposed to a sample covariance matrix

https://t.co/WaPlCfQQr0

[negativecnvx @negativecnvx]

@quantymacro Ha, well a wise man once said "most advice is a form of nostalgia" and that's certainly the case here. I've made this mistake several times myself...

[negativecnvx @negativecnvx]

@quantymacro @macrocephalopod @therobotjames @JessicaNutt96 @TheReal50972902 @AnyonCurve @ALBACapMgmt @zcpbb @bauhiniacapital @OrthogonalAlpha @ThePythonQuant Lots of good advice here. I'll chime in to say that you shouldn't get hung up on whether you like the product. If the team is successful and you're making money, it will naturally be interesting to you. If it's a product or sector that others look down on, it's almost a plus

[negativecnvx @negativecnvx]

@experquisite @therobotjames @theemilyaccount @kchoudhu I like Python types! They're overkill for solo projects, but a good way to add sanity to larger codebases. Quants and traders can work in janky notebooks, but quant devs and engineers can write clean well typed code, and everyone gets to use the same language and toolchain

[negativecnvx @negativecnvx]

@timebargains @AnyonCurve Very generous given my infrequent tweeting, thank you

[negativecnvx @negativecnvx]

@macrodelics Appreciate your thoughts. I'm much more familiar with mREITs and other mortgage related names but these retail oriented CLO products are new to me.

[negativecnvx @negativecnvx]

Essays like this are good to read every couple years, especially if you're stuck in a creative or professional rut. Every once in a while I need to remind myself to set my sights a little higher.

[negativecnvx @negativecnvx]

An excellent essay: "Poetry and Ambition" by Donald Hall. I know nothing about poetry and don't consider myself well-read but this essay strikes me as a literary complement to Hamming's famous talk on how to do great work, "You And Your Research. https://t.co/xlAAaHSEp2

[negativecnvx @negativecnvx]

Time for some entry level wineposting - it's my birthday, so we're going to enjoy a birth year bottle

[negativecnvx @negativecnvx]

@0xfbifemboy @bryancsk Hard to go wrong with Nomos if you want something dressy-ish, I've worn one for ~10 years:

https://t.co/VDx8MbcSJX

One of the quartz Cartier Santos Dumont models could work too

[negativecnvx @negativecnvx]

@laurentzeimes Some related ideas here https://t.co/dDDZN1fKIo