stack owl

[stack owl @stackowl]

An annotated timeline of some markets

[stack owl @stackowl]

@factor_members 🙋

[Inglourious Capital @inglouriouscap]

The longer you do this job, the more you realize how much of finance is just everybody asking everybody else what they should think.

[JP Aumasson @veorq]

updated my priors

[stack owl @stackowl]

@factor_members Take care Peter. 🙏

[stack owl @stackowl]

@peter_mantas @citrini <insert Anakin Skywalker / Natalie Portman meme here> 😂

[stack owl @stackowl]

@John_Hempton Ughh. Saw this a couple of days too late! Would have loved to.
Otoh, glad the luggage arrived finally.

[Scott Lincicome @scottlincicome]

Thanks, @xkcd

[Jesse Livermore @Jesse_Livermore]

One of the benefits of the AI boom is that it gave us the word "slop." A perfect word, not only to describe the verbal garbage that AI generates, but that humans generate as well.

[George Coyle @gfc4]

I was fortunate to have worked for @VicNiederhoffer in 2010/2011 and to have had him as my thesis advisor in grad school (paper on stat arb in ag futures based on cobweb theorem). I learned a lot from him about trading and life. Such a character. Endlessly curious. A genius if ever there was one. Sad to hear he is gone but glad I got to know him and that he shared so much with me and the world. Need some time to properly pay homage in writing. For now, RIP Vic.

[stack owl @stackowl]

Rest in peace Victor Niederhoffer 🙏

[stack owl @stackowl]

@factor_members Thanks.

[stack owl @stackowl]

@factor_members Esp front end (2y and stir futures) have had brutal whipsaws

[stack owl @stackowl]

@factor_members Rates / bond futures would be v instructive pls

[stack owl @stackowl]

@factor_members Yes pls. Esp some more recent ones if possible. Thanks

[stack owl @stackowl]

@factor_members Hi

[stack owl @stackowl]

@fmr_syfurr_punk @NickTimiraos The focus on the hold / hike decision is just a red herring. Markets actually had a relief rally with no hike because FFQ6 was pricing in a 33% chance. But the curve steepening is the Fed losing credibility- with the 30y selloff

[stack owl @stackowl]

@inflectionecon The long bond would have rallied and curve massively flattened

[stack owl @stackowl]

@factor_members Inverted chair - took a second to see this is a flipped chart!

[QuantifiedStrategies.com @QuantifiedStrat]

Maximizing returns is easy to admire in hindsight.

Surviving drawdowns is what matters in real time.

A strategy with the highest CAGR can still be useless if you cannot stick with it when everything is falling apart.

The best portfolio is not always the most aggressive one.

It is the one you can keep trading when it matters most.

[Scott Phillips, O.G. @ScottPh77711570]

Our most senior dev just coined a wonderful phrase

“You stink of Claude”