Stat Arb

This is the rarest piece of HFT content on the internet - Robert Almgren walking through a real execution trade tick by tick He's the co-founder of Quantitative Brokers and the man who wrote the Almgren-Chriss model - the standard execution algorithm used at Goldman, Citadel, Two Sigma In this lecture he shows a live order from May 14 2018, every fill, every limit, every market reaction across 2 minutes and 40 seconds The article above is that exact same thinking applied to Polymarket - measure your edge in bits before you place a single trade Bookmark it & give it a watch tonight ↓

Professor Marcos López de Prado at Cornell - the man Shannon and Thorp's framework eventually became He personally managed $13 billion at Guggenheim Partners with an audited risk-adjusted return of 2.3 - institutional Sharpe-equivalent that less than 1% of fund managers ever hit Then became the first head of machine learning at AQR Capital, a $226B fund. Then went to Cornell to teach this Shannon used information theory to beat Buffett. Thorp used it to beat Vegas. López de Prado uses it to manage billions for institutions today The article above is that exact same lineage applied to Polymarket - KL-divergence, max-entropy, entropy collapse, three tools you can use today 1 hour from one of three people on Earth qualified to teach this ↓

I met Stoikov on call once and thought he was a complete retard. Don’t believe in academics too much

Professor Marcos López de Prado at Cornell - the man Shannon and Thorp's framework eventually became He personally managed $13 billion at Guggenheim Partners with an audited risk-adjusted return of 2.3 - institutional Sharpe-equivalent that less than 1% of fund managers ever hit Then became the first head of machine learning at AQR Capital, a $226B fund. Then went to Cornell to teach this Shannon used information theory to beat Buffett. Thorp used it to beat Vegas. López de Prado uses it to manage billions for institutions today The article above is that exact same lineage applied to Polymarket - KL-divergence, max-entropy, entropy collapse, three tools you can use today 1 hour from one of three people on Earth qualified to teach this ↓

Most of my wife's female critics are or were engaged in a form of prostitution.