There is no need go through the process of creating a fund if you do not intend to have third-party investors. If your intention is to develop a...
Without descending into theoretical debate, your statement is simply false. Had you said "Having nice closed-form solutions has little to do...
A "fully hedged" portfolio cannot be risk-free unless an arbitrage condition exists. (See M. Harrison and D. Kreps. "Martingales and Arbitrage in...
Hey Don - is Bob playing any of the WSOP events? -segv
You seem pretty confident, surfer. Have you incorporated inflation-adjusted historical oil prices, low interest rates, capped production, steadily...
How is that oil short working out? -segv
Chris, I used the study materials from Securities Training Corporation, after returning materials from Dearborn and AIT....
It is your assertion then, that the equalibrium values derived from your proprietary calculations have some predictive quality? Are we therefore...
Beware of the "turn-key" vendor, because you are paying a maximum price for a minimal service. The "turn-key" vendor's business relies on high...
First and foremost, you need to hire a securities attorney who is experienced with hedge funds and proprietary trading arrangements. Option 1...
So, let me see if I understand. You now you have an outstanding judgement against you for $400,000.00 because you failed to defend yourself in...
If they do business in the United States with United States citizens, they can be sued here. Whether or not the plaintiff ultimately wins the...
My model predicts an average of 15.4% for the SPX over the next 14 trading sessions. -segv
Your investors can always sue you, just like your clients can always sue you in any other business. It is simply part of the risk. From what I...
How about: "Unless you are a famous-billionaire-manager-purportedly-weaving-gold-from-straw, anything higher than 2/20 will get you laughed out of...
You run a 100M fund with no substantial portion of your own net worth invested in it? Shenanigans. As to the other posters who wrote off odd...
The Fujitsu N-Series LifeBooks are in your price range. I carry around one of these "desktop replacement" LifeBooks and it has been excellent....
It is possible that one makes money with HV < IV, and also possible that one looses money even when HV > IV. The returns from delta hedging are...
A smaller spread leaves the market-maker more succeptible to jumps in volatility. In an issue like CSCO with a lot of order flow, the...
The wider bid-ask spread decreases the frequency of quotes. This enhances liquidity since limit order traders are encouraged to leave their order...
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