Not a trader: You can’t beat the market. EMH.
1 year as a quant trader: EMH is the dumbest thing academia ever came up with. Markets are obviously inefficient.
3 years as a quant trader: JFC. Every edge is crowded, every signal decays, and the market is basically efficient the moment I try to trade it.
@CryptoKaleo Plenty of banking systems worldwide allow you to send 100k+ to a stranger without any issues. This is bank-imposed, not a shortcoming of the technology. It’d be the exact same way if they used a stablecoin underneath. I’m a stablecoin bull, but this is the wrong take.
I honestly don’t think there’s any market where “Main St.” has an edge over “Wall St.”
There may be markets where some retail participants have edge over other retail participants, but on the long run the big boys always win.
Kalshi is the only financial market where Main St. has an edge over Wall St.
Gigi, Nicholas, Brandon, Joel, Heather, Paul, and Stephanie have all found their edge and mastered their own niche on Kalshi.
Prediction markets are the people’s markets.
@0xfunds Yeah probably for some tasks, but honestly, even when I waste a bit of time fighting with it, I still end up way ahead most of the time. Hard part is knowing when to give up and just do it yourself.
Battle with Claude Code on Opus 4.7 for an hour over an issue that feels trivial but it just can’t get right.
Ask Claude to write me a handoff so I can take the same issue to Codex.
Codex on GPT-5.5 gets it right on the first try.
This has basically been my workflow lately.
@okx bring back the specific network address whitelisting for EVM addresses. Pooling them all into an "EVM Address" instead of allowing for a specific network address is the stupidest, most error-prone thing you've done for crypto UX.
It feels like everyone in my TL has had a Jane Street interview.
At the same time, they have over 3k employees, and they likely interview at least a dozen for each hire, so it checks out. Also, my account likely has a massive selection bias too from the X algo.