Renaissance Technologies: You Can’t Just Call Loans Options

(Last Updated On: November 19, 2019)

It looks like Renaissance Technologies and Jim Simons is a tax dispute with the United States Internal Revenue Agency. They made some controversial call options in a basket. Here is one quote:

In the Tax Court case, Weiss argues that the options had business purposes beyond tax savings: They offered more leverage than was available in a typical brokerage arrangement, while at the same time limiting the firm’s risk of loss. … Renaissance has made similar arguments in defense of its transactions.


This article can be found here:

https://www.bloomberg.com/amp/opinion/articles/2019-11-13/you-can-t-just-call-loans-options

Do understand this could be similar to my ELITE program which is available for 2 years.

Let me know what you think

Bryan

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Hi i there My name is Bryan Downing. I am part of a company called QuantLabs.Net This is specifically a company with a high profile blog about technology, trading, financial, investment, quant, etc. It posts things on how to do job interviews with large companies like Morgan Stanley, Bloomberg, Citibank, and IBM. It also posts different unique tips and tricks on Java, C++, or C programming. It posts about different techniques in learning about Matlab and building models or strategies. There is a lot here if you are into venturing into the financial world like quant or technical analysis. It also discusses the future generation of trading and programming Specialties: C++, Java, C#, Matlab, quant, models, strategies, technical analysis, linux, windows P.S. I have been known to be the worst typist. Do not be offended by it as I like to bang stuff out and put priorty of what I do over typing. Maybe one day I can get a full time copy editor to help out. Do note I prefer videos as they are much easier to produce so check out my many video at youtube.com/quantlabs