Sublime
An inspiration engine for ideas
John Nash, the game theorist and mathematician who later would be immortalized in Sylvia Nasar’s book A Beautiful Mind.
Gregory Zuckerman • The Man Who Solved the Market
Meriwether did not himself possess a first-rate mathematical mind. Instead, he recruited the top academic talent. No finance professor was more respected than Robert C. Merton. Merton had consulted for Salomon Brothers, so Meriwether already knew him. He agreed to come on board. Meriwether’s other great coup was recruiting Myron Scholes. As journal
... See moreWilliam Poundstone • Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street
The net worth of the late Jim Simons, founder of Renaissance Technologies:
$30.7 billion.
His quant trading firm generated $100 BILLION in profits for investors.
He's returned 66%, per year, for 30 years.
Here are 7 books that help un... See more
the problem was: there isn’t an easy way for a relatively savvy investor to get the type of market-beating risk-adjusted returns that hedge funds and their clients have access to.
Benjamin Rollert • Not Boring Memo: Composer
More Than You Ever Wanted To Know About Volatility Swaps
Explores volatility and variance swaps, their properties, uses for trading and hedging volatility exposure, and methods for replication and valuation using options, while addressing practical challenges and implications of volatility skews.
emanuelderman.comFar more probability estimates are wrong on the “over-optimistic” side than the “under-optimistic” side. You’ll rarely read about an investor who aimed for 25% annual return rates who subsequently earned 40% over a long period of time. You
Rhiannon Beaubien • The Great Mental Models Volume 1: General Thinking Concepts
If you haven't read the recently revised book by Yuval Taylor, you should do so now. He designs factor models (smart beta) and details his process.
From November 2015 through to June 2023 he has a reported compound annual growth rate of 43% and has made over $6 million in profit.
https://t.co/7DwU53nFQ6
