Category: General

General posts about markets

Cooking up a coding meal

Which is easier, ordering a takeaway or cooking a meal yourself (for sake of argument, a burger!)? Purely, from a time perspective, clearly, a takeaway is quicker, However, there are drawbacks. It will tend to be more expensive. Furthermore, it’s more difficult to know what’s gone into a takeaway. By contrast, if you cook everything…

Data, trend following and more

One of the historical bedrocks of many quant funds, in particular those known as CTAs, has been trend following strategies. Funds such as Winton have largely been known as trend followers. Recently Risk.net published an interview with David Harding, the founder of Winton (link here and it’s well worth reading), alongside some of their thoughts. Harding…

Where does alternative data fit in?

I often get asked about where alternative data can be used during the investment process. In practice, I think the key point about alternative data, is that it isn’t an “alternative” to traditional data sources. Furthermore, very often you want to combine various alternative data sources together to generate a signal. This also means combining…

World Cup trading

It’s that time again, the World Cup is here. I’ve lost count of the number of games I’ve watched at this stage, and we haven’t even got to the knockout games. At the moment, it’s half time, in the Belgium vs Tunisia group game. I’ve just seen Belgium go in front with Lukaku scoring two…

Is startup life for you?

I’ve been working in startup territory for nearly 5 years. Initially I spent 3 years full time at the Thalesians a company I co-founded. For the last 2 years my full time focus has been Cuemacro. The whole startup experience has been mostly about learning. Coming from the corporate world of banking, it has been somewhat…

Correlations and the market

When I have a burger I feel better. I feel that there is some causation here, in particular because of I’ve got lots of statistical data to justify this! However, in practice, if we look away from burgers and at finance, it’s a bit more difficult to answer the conundrum of causation versus correlation. If…

Historical context and markets

Look at a painting, and you can have a view of whether you like it or not. Something might catch your eye, perhaps it’s the style of painting. Maybe it’s the colours. Could it be the subject topic? However, without any context about the artist and the period in which it was painted, it can…