Tag Archives: bomb

The Goldman Sachs quant bomb so be very very aware

WARNING ABOUT Goldman Sachs quant bomb be very very aware

Did you ever hear of this thing? It sounds deadly. This came in from a member so big thanks to him for that. Also, this article is behind a paywall behind FT.com. Here are some highlights:

What became known as the “quant quake” subsided in a week and was largely contained within the computer-powered investment industry. It was soon overshadowed by the global financial crisis. But it scarred a generation of financial scientists on Wall Street. Even Renaissance Technologies, the legendary hedge fund co-founded by cold war codebreaker James Simons, suffered painful losses, and it nearly obliterated Goldman’s QIS.

“All this worked academically, and for a long time it worked in practice, and then all of a sudden you have this horrible event,” Mr Chropuvka says. “It was the most humbli

See my opinions on it here

I just sent this yersterday

Overview walkthrough of Quant Courses and Analytics Service

Brand new where you can get details here

Courses and analytic service here

(A new video was recorded)

https://quantlabs.net/blog/2017/03/overview-walkthrough-of-quant-courses-and-analytics-service/

I finally have created some videos on the Courses and new Quant Analytics.

Check them out:

New Analytics Service:

Once big take-away is the low risk intro to the service. I offer $5 2 days trials before joining.

Introducing our new Quant Analytics Service overview

This walkthrough the new dashboard with chat room for new members to exploit our trading systems chart/data generation

Brand new where you can get details here

https://quantlabs.net/analytics/order-analytics/

Note my $5 trial for 48 hours TRIAL of this

BIGGEST NOTE OF ALL: I still need to populate the service starting next week!

https://quantlabs.net/blog/2017/03/introducing-our-new-quant-analytics-service-overview-2/

Booya Bryan

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

WARNING ABOUT Goldman Sachs quant bomb be very very aware

Be very aware of the Goldman Sachs quant bomb be very very aware

Seriously, I just got this sent to me from a member which is on the paid FT side. You need to subscribe to it but I will say this, Goldman Sachs had to be big time apologize to their clients over this. It happened in 2007.

What became known as the “quant quake” subsided in a week and was largely contained within the computer-powered investment industry. It was soon overshadowed by the global financial crisis. But it scarred a generation of financial scientists on Wall Street. Even Renaissance Technologies, the legendary hedge fund co-founded by cold war codebreaker James Simons, suffered painful losses, and it nearly obliterated Goldman’s QIS.

“All this worked academically, and for a long time it worked in practice, and then all of a sudden you have this horrible event,” Mr Chropuvka says. “It was the most humbling experience of our lives.”

And now a decade later…for me I am very well aware of having a fully balance analytical system. I don’t use exclusively one way of fundamental, technical analysis, quant, and soon machine learning/AI. I would strongly advise the same you do the same!

Thanks to this member who sent this out to me!

https://www.ft.com/content/fdfd5e78-0283-11e7-aa5b-6bb07f5c8e12?emailId=58c24deebac7690004eb6678&segmentId=2597e9a1-8d0d-61e4-8734-bd027f30ddc9

 

 

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!