Are alpha models really what the quant lives for? Rishi Narang- the founder and chief executive of Telesis Capital, lets loose on the “misconceptions” of the modern-day quant: Narang goes into similar detail on risk models, including theoretical, empirical and transaction cost models, which look at fees; as well as slippage and market impact. Putting [...]
The odds of becoming a successful trader is like becoming a professional athlete- and we know how many players fall by the waysides in their quest for “financial freedom.” Can you beat the market with algos? Maybe, but be prepared to be ok with playing in Croatia in the D-League. College athletes make great traders? [...]