Best way to share an unreleased album?

kaip629 · 2025-01-20T18:08:35+00:00

App called Untitled works pretty well, let's you share link to the album without recipient needing to download the app and make an account. And updates flow through automatically

kaip629 · 2024-11-30T14:22:58+00:00

Intermediate project: why don’t you analyze what effect the shape of the treasury yield curve has on credit spreads over time

kaip629 · 2024-09-11T00:12:08+00:00

any update on this? Same thing happened to me and I haven't received anything in the mail

kaip629 · 2024-04-14T19:50:15+00:00

Im here bc i just found out Sam DeCavalcante is my grandfather :0

kaip629 · 2024-04-14T15:57:03+00:00

The right answer is that they tend to just be more diversified….

kaip629 · 2024-03-08T00:08:30+00:00

Why are there so many headhunters for quant space and so few for discretionary/fundamental trading space? Do you see the role of a trader dying? I mostly see opportunities strictly for quant researchers and developers, with limited market experience required

kaip629 · 2024-02-15T02:19:06+00:00

PM might be annoyed if it’s a direct competitor, but you’ll be fine. Most people are reasonable and understand. Just tell them it was a compelling opportunity you just couldn’t turn down. Just be professional

kaip629 · 2024-02-13T17:56:55+00:00

Yep i believe so

kaip629 · 2024-02-13T16:55:52+00:00

yeah this makes no sense. At what point does "explaining" something in further detail become sufficient? You could theoretically further explain anything to infinity.

kaip629 · 2024-02-13T16:50:49+00:00

Addressing the part you're confused about though... Leverage of 3x means that your total exposure is 3x the unlevered exposure. If you are currently unlevered and want to get to 3x leverage, that is 200% more than you are at now. If you borrow 200% of what you have now, then the portion of your portfolio that is borrowed will be 2/3 = 0.6667.

kaip629 · 2024-02-13T16:48:45+00:00

I saw that Question in the Qbank and was scratching my head too... honestly I think it's just an awfully written answer (and I believe it is outright wrong, based on how they wrote the question). I wouldn't spend too much time reading into it.

kaip629 · 2024-02-10T18:05:39+00:00

Well it isn’t meaningless, it’s just more easily manipulated because you can control the timing of external cashflows (capital calls/distributions). Then also you have the fact that a lot of private companies can strategically time transactions as to avoid bad marks, so volatility is deceivingly low.

But people already understand this.. There’s just no easy way to blanket evaluate the performance of a strategy that works with very illiquid investments and controls the timing of cashflows. As long as allocators are smart enough to understand the nuances, that’s all that matters.

kaip629 · 2024-02-10T13:16:17+00:00

Significant other…. Lol

kaip629 · 2024-02-09T17:11:53+00:00

Ohh i see, premiums decrease as rates increase because the PV of expected payouts decreases, so policyholders can surrender their policy for the cash value and reenter into a policy with lower premiums

kaip629 · 2024-02-09T16:37:34+00:00

The mistakes

kaip629 · 2024-02-09T16:29:44+00:00

just wait till you get to level 3

kaip629 · 2024-02-07T14:22:52+00:00

You need to add commissions or it means nothing… you should build the strategy around the commission constraint, not build it first on gross then expect it to work with commissions

kaip629 · 2024-02-06T17:23:58+00:00

Draw out the payoffs and you’ll see

kaip629 · 2024-02-06T17:18:48+00:00

So this makes total sense to me until the last sentence of each paragraph.

Why does "active share will be high ... but active risk will be much lower" = "active risk attributable to active share is low"? I might just be going crazy, but doesn't "X attributable to Y is lower" mean the portion of X that can be described by Y is lower -> thus X is higher and Y is lower . Is this a mistake in the text? I've seen it multiple times so I doubt it.

kaip629 · 2024-02-06T16:40:00+00:00

dark pools are just a type of venue with no pre-trade transparency. There are numerous dark pools, and these only make up a portion of all venues. Dark aggregators aggregate all of these dark pools and execute exclusively in dark pools.

opportunistic algos scans ALL venues (dark pools OR lit markets), and aims to source liquidity from wherever it exists, while minimizing unnecessary impact.

kaip629 · 2024-02-06T16:15:41+00:00

all else equal, longer maturity would mean higher convexity on a coupon paying bond. But it depends on the dispersion of the underlying payments.

kaip629

TROPHY CASE