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"Today, Medallion uses dozens of "strategies" that run together as one system. The code powering the fund includes several million lines,"

"Brown continued: "The point is that, if there were signals that made a lot of sense that were very strong, they would have long ago been traded out. ... What we do is look for lots and lots, and we have, I don't know, like 90 Ph.D.s in math and physics, who just sit there looking for these signals all day long. We have 10,000 processors in there that are constantly grinding away looking for signals."""

 

https://www.afr.com/technology/inside-the-medallion-fund-a-74-billion-moneymaking-machine-like-no-other-20161122-gsuohh

 

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29 minutes ago, Kodiak said:

"Today, Medallion uses dozens of "strategies" that run together as one system. The code powering the fund includes several million lines,"

"Brown continued: "The point is that, if there were signals that made a lot of sense that were very strong, they would have long ago been traded out. ... What we do is look for lots and lots, and we have, I don't know, like 90 Ph.D.s in math and physics, who just sit there looking for these signals all day long. We have 10,000 processors in there that are constantly grinding away looking for signals."""

 

https://www.afr.com/technology/inside-the-medallion-fund-a-74-billion-moneymaking-machine-like-no-other-20161122-gsuohh

 

Ten thousand professors grinding away ... what a mental picture comes to mind 😮 :D

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I wonder if the DAX acting like a rocket has something to do with that chinese guy went belly up?'

some kind of risk off and unwinding (leverage) shorts?

" the Archegos incident was a “wake-up call” for Credit Suisse and should lead to sweeping changes to its culture and oversight practices."

https://fortune.com/2021/04/01/how-deutsche-bank-managed-survive-unscathed-from-archegos-meltdown/

 

https://www.ig.com/au/news-and-trade-ideas/the-archegos-capital-management-meltdown--everything-you-need-to-210330

 

Edited by Kodiak
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The BOA bull and bear indicator must be close to 8 (or 10)?

210215

"As Goldman Sachs’ positioning indicators show, over the past few months, investors were positioned more and more aggressively, which leaves no margin for error, while put-call ratios are at historically low levels and have no protection left."

"This aligns with Bank of America’s Bull & Bear Indicator, which has now reached 7.7, putting it in code red territory."

https://citywire.ch/news/boa-bull-indicator-hits-code-red-with-record-equity-inflows/a1465707

 

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