Sublime
An inspiration engine for ideas
The most beautiful summary of the last 2 years of equity market activity by Howard Marks https://t.co/5Ma9Vcavwe
New research paper by Stoikov et al. on Market Making in Crypto.
https://t.co/hRJss9bWOK
Explaining why crypto has low correlation with risk assets and predicting its future as a major institutional asset class.
TRANSCRIPT
Yeah, so I actually strongly believe that Bitcoin and other blockchain assets are going to generally have a very low correlation with risk assets.
The reason is smart money doesn't own it.
And the reason all these other weird asset classes that intrinsically have nothing in common or highly correlated is modern portfolio theory was so successful
... See more
Required reading for every serious investor
This piece by @mjmauboussin was published today. https://t.co/nUfdMXyxo0
Jane Street's modus was simple. It aggressively bought large quantity of F&O stocks in cash & futures while also buying Put options. Then, it sold the stocks & sent market crashing & profited from Puts (& vice-versa). SEBI has impounded the illegal gains of ₹4843 Cr & banned it https://t.co/ShqLlbwpSU