Wall Street Profiles: Jim Simons, Renaissance Technologies
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This is the first of what hopefully will be a recurring series of profiles of Wall Street traders, examining their lives, trading careers, and...
The Hard Right Edge And A Market Timing Strategy Gone Awry
There is such an allure to looking at stock charts. The price jumps up and down, and our tendency to try to make patterns...
How Do Stock Options Work? Part 1: The Basics
Stock options have been marketed as portfolio insurance, a way to turbocharge returns, or a way to make money no matter which way the...
Why I Don’t Read Daily Market Wraps
The front page of most financial websites (Bloomberg, Wall Street Journal, CNBC, etc.) will usually have an article recapping the day's market action. I don't...
The Warren Buffett Bet: S&P 500 versus Hedge Funds
In 2007, Warren Buffett made a $1,000,000 bet with the hedge fund manager Protege Partners that the S&P 500 would perform better than a...
How Wall Street Is Like A Game of High-Stakes Poker
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I love a good game of poker. I fondly remember the evening poker games I played in college. I even went to the local...
Backtesting Is Finance’s Version of Retrospective Research
A lot of effort and money is spent looking for ways to make money in the stock market. While you can get perfectly good...
Do Published Trading Strategies Work?
When you browse finance-related websites, it doesn’t take long for you to see ads that claim that they can help you make money, fast.
"I've...
How To Buy A Mutual Fund At Fidelity (With Screenshots)
Investing can be overwhelming for many new investors.
With so much money on the line, they're worried that might make a mistake with even the...
The Pros And Cons Of Managed Futures
1. Tell me a little bit about yourself and how you got into managed futures trading.
I have always been fascinated by all type of...