The Third Moment·3h agoWhat a Drawdown Stop Does to a Skilled Portfolio ManagerWe simulate managers with a known edge under a 5% cut and a 7.5% stop and follow who keeps the job and who gets paid.
Navnoor Bawa·1d agoJim Simons’s Medallion Charged 5% and 44%. Sharpe Ratio Math Says the 5% Did More Damage.The fee everyone quotes on Jim Simons’s Medallion Fund took the most money and did the least damage to its risk adjusted return.
Gekkquant·2d agoThe Nasdaq Didn’t Crash From Fear. It Crashed From Calm.Thursday’s 6.36% drop was crowded money leaving through one door, and here’s the NQ level that tells me the selling is done.
Jiri Pik·3d agoThe $100-a-Month Analyst: Wiring Perplexity to Interactive Brokers, Priced Line by LineA Bloomberg seat costs more per trading day than this whole stack costs per month. Full write-up on jiripik.com.
Brian Nuesi·5d agoTokenized Hedge Funds Meet AI-Native Managers. Alpha Gets a New Supply Chain.A $5 million capacity cap, a $10 token and Bridgewater’s $4.5 billion “artificial investor” show where value will sit when research gets…
Sepehr Parsa·6d agoI Copied the New Stock Picks of 28 Famous Hedge Funds. Only 2 Beat the S&P 500.What happens when you buy what Buffett, Burry and Ackman bought, on the first day you could actually know about it.A response icon1A response icon1
Navnoor Bawa·Nov 2How Jim Simons’s Medallion Hides in Renaissance’s 13F, Read With a Factor ModelRenaissance’s Form ADV (its SEC registration) leaves Medallion at least 45% of the 13F (its SEC stock list) that trackers read as picks.
Navnoor Bawa·Nov 1Jim Simons’s Medallion Won Every Year, 1990 to 2018. Lo’s Sharpe Math Has a Blind Spot.Medallion’s streak of winning years points to a floor under its returns, a floor the Sharpe ratio everyone quotes cannot see.A response icon1A response icon1
Manpreeth Sai·Oct 31How to use a Hedge Fund strategy in Prediction MarketsThe news said Starmer was out. A $67 million market said 48%. Here’s how a hedge fund strategy explains the gap.
