Behavioral Biases Part 2 - Emotions and Debiasing
This is a retelling of Chapter 2 (second half) from “Behavioral Finance for Private Banking” by Thorsten Hens, Enrico G. De Giorgi, and Kremena K. Bachmann (Wiley, 2018).
Latest published articles
Block Traders: How Large Orders Move Through Markets (Chapter 15)
Book: Trading and Exchanges: Market Microstructure for Practitioners Author: Larry Harris Publisher: Oxford University Press, 2003 ISBN: 0-19-514470-8
Butterworth Health Systems: Knowledge, Services, and Leadership
This is post 18 of 23 in a series on Systems Thinking: Managing Chaos and Complexity by Jamshid Gharajedaghi (ISBN: 978-0-7506-7973-2).
Cyclical Stocks: What Goes Around Comes Around
Book: Beating the Street by Peter Lynch with John Rothchild | ISBN: 978-0-671-75915-5
Cyclical stocks are the ones that rise and fall with the economy. Aluminum, steel, paper, autos, chemicals, airlines. When business is booming, these companies print money. When the economy tanks, they get crushed. Back and forth, reliable as the seasons.
Final Thoughts on Trading Fixed Income and FX in Emerging Markets
So we made it. Eighteen posts later, we’ve walked through the entire book. Let me try to pull it all together and tell you what I think.
Hedge Fund FAQ Part 1 - Basics and Operations Explained Simply
Chapter 9 of “The Hedge Fund Book” by Richard C. Wilson is basically one giant FAQ section. Wilson says his company gets over 150,000 emails a year, and a huge chunk of them ask the same questions over and over. So he put together the most common ones with answers. Smart move.
Investing Psychology Chapter 2: Overconfidence, Loss Aversion, and Your Ego
Chapter 2 of Tim Richards’ book is called “Self-Image and Self-Worth.” And the title tells you everything. This chapter is about how your ego quietly destroys your investment returns.
Neural Networks and Why Data Matters for AI in Finance
This section of Chapter 3 is where things start to click. Hilpisch moves from talking about AI algorithms in general to showing how neural networks actually work. And then he drops a truth bomb that a lot of people skip over: your model is only as good as your data.
Onsite Hedge Fund Visits: Meeting Strategies and What to Watch for (Part 1)
You have done the phone calls, crunched the numbers, analyzed the portfolio. Now it is time to actually show up at the hedge fund’s office and talk to people face to face.
Pricing Relationships: Swaps, Options and the Forward Connection
This is Part 2 of our retelling of Chapter 2 from “Trading the Fixed Income, Inflation and Credit Markets: A Relative Value Guide” by Neil C. Schofield and Troy Bowler (Wiley, 2011, ISBN: 978-0-470-74229-7).