I got paid for the last 30 years. I didn’t do it as a way of investing. I did it because it’s some of the hardest technical challenges out there. I did a tour at FAANG, built my own startups, among other things. Now it’s my turn to do for myself.
Value trading works but it’s a slow slog and returns are bounded and tight. In many ways stat arb and similar quant trading can be viewed as value trading with power tools. It’s good stuff. But I like to make things fast and powerful. For me it’s not about being profitable, although profit is the primary metric. It’s about doing awesome stuff with awesome stuff no one has ever seen before.
I got paid for the last 30 years. I didn’t do it as a way of investing. I did it because it’s some of the hardest technical challenges out there. I did a tour at FAANG, built my own startups, among other things. Now it’s my turn to do for myself.
Value trading works but it’s a slow slog and returns are bounded and tight. In many ways stat arb and similar quant trading can be viewed as value trading with power tools. It’s good stuff. But I like to make things fast and powerful. For me it’s not about being profitable, although profit is the primary metric. It’s about doing awesome stuff with awesome stuff no one has ever seen before.