Quant

I honestly don’t think there’s any market where “Main St.” has an edge over “Wall St.” There may be markets where some retail participants have edge over other retail participants, but on the long run the big boys always win.

@ScottPh77711570 @NeelBParekh Bro low-key shared the best parenting advice one can hear at this stage

@NeelBParekh Number one tip. Don't worry about the kid, its just a worm at this stage Look after your woman. Post partum depression is real, watch for signs of it Make her your priority is my best advice

First-time dad here. Baby is due in a couple weeks. Any pro tips to survive the first month with a newborn?

@SBF_FTX @realDonaldTrump JFC, is this what you did at Jane?

S&P 500 hit another ATH yesterday: 7,365 +22.8% since @realDonaldTrump's second inauguration. How about same point in Biden’s term? +7.0%

@0xfunds Yeah probably for some tasks, but honestly, even when I waste a bit of time fighting with it, I still end up way ahead most of the time. Hard part is knowing when to give up and just do it yourself.

@quant_xbt Any chance of getting a feel that it would be quicker to do manually with nuanced and codebase-specific tasks?

Battle with Claude Code on Opus 4.7 for an hour over an issue that feels trivial but it just can’t get right. Ask Claude to write me a handoff so I can take the same issue to Codex. Codex on GPT-5.5 gets it right on the first try. This has basically been my workflow lately.

@okx whoever thought this was a good idea should be fired immediately. JFC

@okx bring back the specific network address whitelisting for EVM addresses. Pooling them all into an "EVM Address" instead of allowing for a specific network address is the stupidest, most error-prone thing you've done for crypto UX.

It feels like everyone in my TL has had a Jane Street interview. At the same time, they have over 3k employees, and they likely interview at least a dozen for each hire, so it checks out. Also, my account likely has a massive selection bias too from the X algo.

One mistake I’ve made more than once as a quant: underestimating how much bad scenarios correlate. You over-leverage thinking you can rebalance fast, then the moment you need to move funds, withdrawals are slow or frozen, liquidity dries up, and everything is moving against you. Things going wrong correlate with other things going wrong. They’re rarely independent, even if they look unrelated on paper.

"Show me the incentive and I'll show you the outcome." — Charlie Munger.

Most of crypto is starting to look exactly like what critics said it was: glorified, unnecessarily complex distributed databases with centralized control. Bullish on the industry consolidating into just a handful of assets.

BIP-362 - Proposal to freeze Saylor coins

Countries that treat healthcare as a right show this is not about forcing anyone to work. It is about priorities and system design. It still amazes me how bad the US healthcare system is. Only someone who doesn’t know any better could defend it. And yes, I am saying that as a die-hard capitalist.

A hot take I have on DeFi is that I trust centralized platforms to keep my money safe way more than I trust funds secured by a smart contract.

Every time the “quantum will break Bitcoin” topic comes back, I see the same response: “If quantum can break the cryptography Bitcoin relies on, Bitcoin will be the least of your problems.” There’s some truth to that, but I still think it’s a lazy argument. Yes, if quantum gets to that point, a lot of things could get chaotic. But people keep ignoring one huge difference: centralized systems can react fast. If there’s an imminent threat, a small group can make a decision in one meeting, start working on it immediately, and push changes much faster. Bitcoin is not like that. That’s the tradeoff of decentralization. It has a lot of strengths, but it also has real weaknesses, and one of them is coordination under pressure. In Bitcoin, people first have to agree that there’s even a problem. Then they have to agree on the fix. Then the network actually has to adopt it. If the threat is real and urgent, that delay is a serious vulnerability. I think the Bitcoin community is acting a little too confident about this topic. I’m not claiming to know enough about quantum computing to say whether this will happen soon, or ever. But one thing seems obvious to me: if this technology becomes real, it probably won’t be developed fully in public, slowly enough for everyone to prepare. It will more likely be developed behind closed doors and show up all at once, at which point it may already be too late. Bitcoin’s decentralized nature is one of its greatest strengths, but it could also end up being one of its biggest existential weaknesses.

@FvckYourHedge Likely consolidation happening

@quant_xbt why? HTF too much competition?

We’re slowly moving away from HFT more into mid-frequency strategies, and it’s been one of the most profitable months we’ve had in years. I’ve heard other props are doing something similar. Interesting times for crypto trading.

@Space_Monkey777 Hours to a few days

@quant_xbt mid-freq referring to what avg duration of trades?

@phoenixstealthy Best

@quant_xbt I don't feel that, are you on effort high or best ?

Yes, it’s not just you, Claude feels dumber since they enabled the 1M context window.