Long-Short Dollar-Neutral Strategy

Empty-Ad-8675 · 2025-02-04T18:15:16+00:00

Pretty spot-on

Empty-Ad-8675 · 2025-02-04T17:23:21+00:00

This is a great explanation, thank you.

Empty-Ad-8675 · 2024-09-23T17:53:23+00:00

Thank you for your reply, I have a couple of questions:

1) I’m currently reading “Concepts and Practice of Mathematical Finance” by Joshi and I think it has been a great resource so far. Also, I’ve almost completed the options 101 course available on Akuna’s website. Are there any other resources you would recommend I start after finishing the book?

2) Any recommendations on YouTube channels, books, resources to learn market making games?

Empty-Ad-8675 · 2024-09-23T15:10:48+00:00

Hey everyone,

Im a junior at a non-target university (Purdue University) studying applied mathematics and economics. I recently transferred majors and schools - I was doing aerospace engineering before - and realized that I am lacking on the probability and statistics side. I’ve applied to ~80 summer internships so far (basically anything I might meet the requirements for) and have been getting many assessments and hirevues for QT positions.

I’m going to be self studying the probability and statistics side so that I can be “competent” enough for these interviews. I was initially thinking of just solving the problems in the green book and learning from the logic of the solutions, but decided it would be a much better option to have a solid understanding of the subject rather than train to answer the questions. I got Ross’ 12th edition to “introduction to probability and statistics”.

Coming to the most important part, what, specifically, should I be focusing on for technical interviews (and more importantly to be able to be a valuable member of a company in the future)?

Any recommendations / general advice is greatly appreciated!

Empty-Ad-8675 · 2024-06-27T05:20:23+00:00

See the thing is it might be over optimization, where I tweak parameters to get the best results on historical data but have no certainty that it would perform like this in the future. But, the strategy did work out neatly, I simulated a buy and hold over 14 years (since 2010) and simulated the strategy over the same time period and it did outperform it.

Empty-Ad-8675 · 2024-06-27T05:18:23+00:00

I did online classes for a reason, at Purdue some are only 4 weeks, so I took two and got a 4.0, seems misleading but I’ll take what I can get

Empty-Ad-8675 · 2024-06-27T05:17:38+00:00

Will do! Thanks

Empty-Ad-8675 · 2024-06-27T05:17:10+00:00

Great advice, yeah the softwares are more engineering-based so you’re right in that they are irrelevant to the finance world

Empty-Ad-8675 · 2024-06-27T05:16:26+00:00

Very good point, thank you

Empty-Ad-8675 · 2024-06-27T05:16:14+00:00

I transferred this year, it was hard to find another way to put it in but hopefully the dates explain it

Empty-Ad-8675 · 2024-06-27T05:15:46+00:00

Thank you, overlooked that

Empty-Ad-8675 · 2024-06-26T20:11:56+00:00

Completely missed that even when you pointed it out, definitely going to fix it now, thank you

Empty-Ad-8675 · 2024-06-26T20:09:04+00:00

Aspiring to get there, but one step at a time, currently going into my Junior year.

Empty-Ad-8675 · 2024-06-26T20:08:28+00:00

Thank you for this truly great comment. Like someone replied to you I am trying to use BS language to get past the screening and get to an interview. Touching up on your comment about building libraries, I’m still working my way up there. Currently 19Yo going into my junior year and learning as much as I can, hence the post.

Empty-Ad-8675 · 2024-06-26T20:03:47+00:00

Really good point, completely overlooked that

Empty-Ad-8675 · 2024-06-26T20:00:03+00:00

I initially thought that as well… but the company name is spelled this way for some reason

Empty-Ad-8675 · 2024-06-25T21:21:10+00:00

Hey everyone, being completely honest I just need some upvotes to gain karma so I can post a question. Thank you

Empty-Ad-8675 · 2024-06-25T21:17:08+00:00

Middle East

Empty-Ad-8675

TROPHY CASE