u/AlbertiApop2029

My Life as a Quant: Reflections on Physics and Finance
Authored by Emanuel Derman
Narrated by Peter Ganim
https://en.wikipedia.org/wiki/Emanuel_Derman

Black–Derman–Toy model - Co-author

>In mathematical finance, the Black–Derman–Toy model (BDT) is a popular short-rate model used in the pricing of bond options, swaptions and other interest rate derivatives;

Ok, swaption is a real thing. Heh. TIL.

You know... I've listened to Run for the Roses, but some Cat suggested Midnight Getaway a few days ago and got me to actually LISTEN to this album.

This side

1. "Run for the Roses" (Jerry Garcia, Robert Hunter) – 3:30
2. "I Saw Her Standing There" (John Lennon, Paul McCartney) – 2:53
3. "Without Love" (Danny Small) – 4:22
4. "Midnight Getaway" (Jerry Garcia, John Kahn, Robert Hunter) – 7:46

That side

1. "Leave The Little Girl Alone" (John Kahn, Robert Hunter) – 3:33
2. "Valerie" (Jerry Garcia, Robert Hunter) – 5:19
3. "Knockin' on Heaven's Door" (Bob Dylan) – 7:27

Bonus tracks (All Good Things box set):

1. "Fennario" (Traditional) (aka Peggy-O)
2. "Alabama Getaway" (Jerry Garcia, Robert Hunter)
3. "Tangled Up in Blue" (Bob Dylan)
4. "Simple Twist of Fate" (Bob Dylan)
5. "Dear Prudence" (John Lennon, Paul McCartney)
6. "Valerie" alternative mix (Jerry Garcia, Robert Hunter)

The bonus tracks are straight fire.

Found it fascinating, thought I'd share.

tl;dw

Kelly Criterion

>Free study material for SIE, Series 6, and Series 7. Practice questions, flashcards, and readable chapters — no paywall.

Taking my SIE exam in a month. LFG!!!

That Rishi Narag interview has me questioning every price Fidelity puts in front of me today. I'll never see the markets the same...

Dark vs. Lit: Quantitative Execution Strategy & Cost Analysis

>0:00 - Intro
2:00 - Why Quant Traders Automate Their Decisions
6:40 - How Trading Edges Disappear
12:24 - How Markets Constantly Change
18:18 - Quant vs Discretionary Trading
23:54 - How Retail Orders Actually Get Executed
28:25 - Why Most Trading Happens Off the Tape
34:34 - The Speed Advantage of High-Frequency Traders
39:57 - Is the Stock Market Actually Rigged?
44:21 - Why Markets Aren’t Really Zero-Sum
49:46 - What Is a Quant Trader?
55:36 - Can Past Price Predict Future Price?
1:01:47 - The Biggest Problems With Backtesting
1:07:12 - What Actually Moves Market Prices?
1:12:20 - How Quants Build Trading Systems
1:18:30 - How Rishi Evaluated Thousands of Quant Funds
1:24:57 - How to Choose a Fund Manager
1:30:04 - How Professional Investors Protect Their Capital
1:35:21 - Trading, Entrepreneurship and Building Wealth

Saw the Crüe this weekend. This one stuck with me...