Beyond Stocks: The Surprising Volatility Returns of Oil and Gold

I’ve previously discussed the Volatility Risk Premium (VRP) and how it differs from the Equity Risk Premium (ERP). Probably the most interesting difference, from the perspective of the trader, is that the VRP may be somewhat amenable to timing – more than the ERP at any rate. In this article, I’ll use some of the …

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Diving Deep: My Personal Approach to Equity and Volatility Risk Premia

Lately, I’ve been thinking a lot about the Volatility Risk Premium (VRP). The VRP makes much more sense (to me, at least) when I have the Equity Risk Premium (ERP) for context and comparison. So, in this article, I want to discuss the ERP and the VRP, their similarities and differences, and how I seek …

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A Free Interactive IPO Calendar

Sometimes it’s nice to step away from the deep technical stuff and just build something simple and useful. What Is an IPO Calendar and Why Use One? I’ve linked the free IPO calendar below if you just want to jump in and explore. But if you’re not familiar, an IPO calendar is a tool that …

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Quant Signal Trade-Offs in the Real World

I want to discuss a couple of simple trade-off considerations around quant trading signals that may not be obvious. Here’s the price of some asset: Our main job is to predict how it’s likely to move. To do this, you use information about it that you think is predictive. And at any point in time: …

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Case Study: Lessons Learned from 9 Crypto Trading

In 2021, James, I, and a small team decided to set up a crypto trading venture. We faced several problems, but knowing almost nothing about crypto was the most significant. We sensed that the fractured, developing nature of the crypto market would likely be a good place to seek out inefficiencies, but beyond that, we …

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