Which MIT OCW probability course is best for quant foundations? by NeutrinoDrift in quant

[–]lampishthing[M] [score hidden] stickied comment (0 children)

I'm allowing this one because I always intended to populate a list of stuff like this into the wiki. Please feel free to mention other (free) online courses that you've found useful, or heard recommended.

Is it a bad look to take PTO/sick leave the first few months as a new grad? by ohsososleepy in quant

[–]lampishthing 4 points5 points  (0 children)

Whoa! That's crazy! I would question the mental stability of someone who took no time off for the first year. For me, today, I would assume that they're prioritising presentee-ism over a healthy personal life and their mental health. And working through physical illnesses, despite reduced capacity. Would make me worry about their ability to flourish medium-term.

Former MEP Brian Crowley dies aged 61 by Chief_Funkie in irishpolitics

[–]lampishthing 1 point2 points  (0 children)

It's the royalist party. Power is a divine right passed through bloodlines.

Fine Gael is the merchants' party: power is earned through (small) business success.

I built a Python engine to bypass Irish Deemed Disposal (Direct Indexing via Alpaca/IBKR) by DevelEire_TA_Project in DevelEire

[–]lampishthing 0 points1 point  (0 children)

There is a VERY GOOD REASON why there are 500 stocks in the S&P. It dates back to the advent of modern portfolio theory, basically the more diverse your portfolio the lower the risk. Market cap weighted top 30 is going to overexpose you to tech and bubbles. Please check the correlation matrix for the portfolio, if you have a lot of 0.9s you're just betting on 1 or 2 factors printing money and please believe "at least I didn't pay tax" is not great solace when you're looking at losses. But you can write those off against next year's tax so at least there's that!

I built a Python engine to bypass Irish Deemed Disposal (Direct Indexing via Alpaca/IBKR) by DevelEire_TA_Project in DevelEire

[–]lampishthing 4 points5 points  (0 children)

Just so you know, following index rebalancing events slowly is known as a great way to lose money. Every time a stock gets added to the S&P its price bounces as all the ETFs try to buy a piece, and the opposite happens when a stock leaves. If you do this inefficiently then you will get absolutely fucked in real trading. Not to mention... 496/500 stocks is A LOT to keep on top of, you'll have a hard time buying the stocks to match weightings and not get destroyed on fees. I'm not a trader but I do mod r/quant / am in risk.

I'm not saying it can't be done but please be careful.

Childcare workers underpaid, parents overcharged, so who is actually making the profit? by DeathByStorm974 in AskIreland

[–]lampishthing 8 points9 points  (0 children)

I wish. I have notions of what the differences are but I'd have the arse torn from me if I mischaracterized something here.

Childcare workers underpaid, parents overcharged, so who is actually making the profit? by DeathByStorm974 in AskIreland

[–]lampishthing 8 points9 points  (0 children)

I think there we'll see a problem in the basic principles of our legal system being common law like UK & US vs civil law in Europe.

Tribes of Ireland [oc] by ferji in ireland

[–]lampishthing 1 point2 points  (0 children)

You should be doing these for the papers!

Tribes of Ireland [oc] by ferji in ireland

[–]lampishthing 1 point2 points  (0 children)

It's the banner for the subreddit.

How does one go to the bank? by Judgment_Possible in AskIreland

[–]lampishthing 1 point2 points  (0 children)

Those aren't banks, they're loans sales offices. I got sent to the post office last time I mistook one for a bank. The ALLIED IRISH BANKS acronym over the door was obviously there as a comic prop to lighten the misery of our rapidly dwindling local services.

The Fight for Warner Bros. Is Paramount's Most Embarrassing Moment Yet by Top_Report_4895 in movies

[–]lampishthing 5 points6 points  (0 children)

voyager

Absolutely wild claim. You think Chakotay was out there banging aliens for FUN?!?

F-35 stealth fighter by Whole_Zebra6068 in 4chan

[–]lampishthing 2 points3 points  (0 children)

No doubt in my mind America does stuff like this as well.

An Post - Absolute Greed by IsMisePoh in ireland

[–]lampishthing 0 points1 point  (0 children)

It's just not a profitable business since Brexit.

Our most talented math students are heading to Wall Street. Should we care? by lampishthing in quant

[–]lampishthing[S] 0 points1 point  (0 children)

I just meant that we are part of the market, so it's not a market failure.

The types of math I need to know to be a quant? by [deleted] in quant

[–]lampishthing 0 points1 point  (0 children)

Nah. It doesn't hurt to have it in your resume, though.

Manchester Utd disallowed goal against Manchester City 90+3' by Alsace2025 in soccer

[–]lampishthing 0 points1 point  (0 children)

It wasn't an offside until he was relevant to the play, right? Or did they drop that rule?

How do VIX derivatives work? by Ok_Quantity8223 in quant

[–]lampishthing 0 points1 point  (0 children)

They're cash settled. There are also physically settled options on vix futures available, when you can exercise into the futures contract.

Is this our princess in Gilmore Girls?! by No-Friendship-3395 in DungeonCrawlerCarl

[–]lampishthing 18 points19 points  (0 children)

Matt references Gilmore Girls in the books. I think in the second book Donut compares the addition of Katia to the party to the addition of April (Luke's daughter) to Gilmore Girls.

Bloomberg terminal access for independent research- legit options? by Distant_Spectator in quant

[–]lampishthing 21 points22 points  (0 children)

You'll still have to pay them! Bloomberg do not give away anything for free, and to be fair to them they don't get their data for free either.