ryankennedyio

6 ms·

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by ryankennedyio 9y ago
I don't know why this is being downvoted, because it is quite accurate. Jesse Eisinger's "The Chickenshit Club" - is a book written entirely about the OP subject. I remember a podcast with the author, and this was a key
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by ryankennedyio 9y ago
This is a handy pocket guide. Quite seriously, start looking around if your gut is telling you to. http://wiki.c2.com/?WarningSignsOfCorporateDoom
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by ryankennedyio 9y ago
To be honest after one semester, I can't eloquently state it without rambling for a few hours, so I'll direct to this excellent HN comment, which does a much better job than I could: https://news.ycombinator.com/
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by ryankennedyio 9y ago
It will depend a lot on your field, but a solid grasp of fundamental probability theory should be applicable everywhere. I think this is an excellent overview [1]. Learning probability from a measure theory angle is more difficult to grok c
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by ryankennedyio 9y ago
Just for a reference point on how ridiculous Sydney is; $4,900,000 AUD will buy you this[1] about 50 minutes from the CBD. The mortgage loan book of the 4 major banks here is hovering at about 50% interest-only loans. Nearly 1 in 3 people l
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by ryankennedyio 9y ago
I think this is a sound, critical review of the Black Swan & Taleb in general. Funnily enough, the criticisms of him are more relevant/prominent now than nearly a decade ago when this was written. http://falkenblog.blogs
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by ryankennedyio 9y ago
For good reason, crowdfunding is really quite terrible (not the kickstarter kind): https://www.bloomberg.com/news/articles/2016-11-07/you-too-c...
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Jim Simons talks on life, mathematics, philanthropy and hedge funds(youtube.com)
2 points by ryankennedyio 9y ago|0 comments
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by ryankennedyio 9y ago
This guy [1] has written a neat post on generating option data from historic raw data. Would be quite interesting to compare the results on 1-minute data compared to raw prices. It seems OK for longer holding periods, where you'd mostl
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by ryankennedyio 9y ago
I grew up in Cairns & think that's a big part of why I'm so fascinated with marine life. I can happily spend a day watching almost any fish tank. My girlfriend has to drag me out of aquariums every time. It completely crushes
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by ryankennedyio 9y ago
Smallcap market here is fun (read: it's pretty stupid). Otherwise, I'm just more used to reading Australian news, more local people on twitter, etc. It's just more in my 'sphere', and I know a lot more about the loc
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by ryankennedyio 9y ago
True, I forgot about the extra monthly fees -- though you can just use free, 20 minute delayed data. I also forgot that the US is so cheap -- I pay $6 each way with IB on the ASX.
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by ryankennedyio 9y ago
Does Robinhood sell retail order flow on? I've read conflicting views both ways, but can't really see how they'd make any money if they didn't. I think the way it's being promoted is a bit dangerous though. It seems
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by ryankennedyio 9y ago
I moved to Sydney 3 months ago (from interstate) to study and pursue a slightly different line of work. I don't think I'll ever be able to own a house anywhere closer than 20+km to the CBD unless prices come down at least 30%. Ren
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by ryankennedyio 9y ago
I don't think any retailer can trade on the scale and speed that would require C/C++ over Python. With lower capital and significantly higher transaction costs, retail traders (mostly) need to have holding periods for at least hou
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by ryankennedyio 9y ago
Bloomberg LP makes roughly 8 billion in revenue from selling their terminal to 300,000 subscribers (25,000 per annum). I feel like the Bloomberg magazine is just a way to reinforce their status as the top disseminator of financial news, so
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by ryankennedyio 9y ago
You jest, but that method literally works. I'm trying to break into finance, from a programming, web-development kind of background (with CS degree), which is a pretty tough nut to crack. I've had a great deal of success just reac
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by ryankennedyio 10y ago
Learn kdb+/q, move into trading, be lucky.
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by ryankennedyio 10y ago
Buzzfeed does some surprisingly impressive investigative journalism: https://www.buzzfeed.com/markschoofs/21-explosive-investigat... The Tennis Racket was one of my favourite reads of the year. (of course, it still has
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by ryankennedyio 10y ago
The downvotes say it all, but don't ever write naked options. The strategy has positive expectancy, except every few years you lose >100% of capital, since the risk is almost unbounded.
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by ryankennedyio 10y ago
Location may be highly relevant too.
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by ryankennedyio 10y ago
Works fine on chrome/OSX for me. Make sure you went to the right page (hangover things, not the girl doing yoga) Really, really great idea. This would be an absolutely fantastic addition to something like instagram.
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by ryankennedyio 10y ago
I agree. I've done the bare minimum math needed for comp sci (1st year calc + basic probability/stats). Barely passed. In preparation for masters in financial engineering next year I've gone back to basics, worked through his