“The future ain’t what it used to be.” –Yogi Berra Almost surely (“a.s.”), you have heard of, or even watched, the tv-series Breaking Bad (BB). Almost as surely (“in probability”), you know many matters do not always go the way you expect. Laws matter in BB, as they do in quantitative trading, too: with […]
Read more "Better Call SLLN: Black Matter Lives"
“If you know the enemy and yourself, you will win a hundred battles out of a hundred.” 知己知彼,百战百胜 –Sun Tzu In Breaking Bad (BB), the highly acclaimed 5-season-long tv-series with IMDB rating of 9.4, Heisenberg, the series’ main character, run methamphetamine laboratories that produced “blue” of exquisite 97 % purity leaving their dope […]
Read more "Beaten by a Machine: But Revenge is Human"
Introduction. Welcome to Part IV of my (that is, 7/.V) “In the Hands of a Few”(ITHOAF) article series. Here I show how we get “fooled by randomness” – with a slight abuse of Nassim N. Taleb’s terminology. If you search the Internet for “4,448,419” you will find the U.S. patent “Electronic Gaming Device Utilizing a Random Number Generator for Selecting the […]
Read more "Distributed Slot Machines: Control of Ware in the Hands of a Few"
Introduction. This is Part III in my (7/.V) article series “In the Hands of a Few” (ITHOAF) with a touch of Tokyo Drift of the action movie series “The Fast and The Furious” (F&F). Too much drift can be deadly: Saleen Automotive Inc. – an American manufacturer of specialty high-performance sports cars with the slogan “Power in the Hands of a Few” – […]
Read more "2 Fast 2 Furious Need 4 Speed (High-Frequency Trading) Antidote"
Introduction. This article is essentially the second chapter in the series “In the Hands of a Few.” It is recommended, but not mandatory, to have first read the chapter on “Big Data Brother” to appreciate the terminology and examples. I also share some terminology with the previous blog post by 8RD+ (@ http://versustakes.co) although my topic is much different from it. And […]
Read more "Imperialistic Democracy of Bitcoin: Power of Money in the Hands of a Few"
It has been a good while since my last post. The time is ripe for something a bit different. Having worked in things related to automated and/or high-frequency trading for a number of lucky years (7+), the essay below reflects ideas that are long overdue from my perspective; “nothing is exactly as it seems and reality is hidden […]
Read more "Big Data Brother: Power of Trading in the Hands of a Few"
In “The Wave: In Pursuit of the Rogues, Freaks, and Giants of the Ocean,” author Susan Casey describes the who’s and why’s of surfing tsunami-size waves. These killer waves have become more frequent and they hit with more punch than registered before. They do not only attract big-wave surfers, such as Laird Hamilton, or wannabe surfers […]
Read more "In the rougher seas of water: Hamilton, Hamilton, and… Hamilton."
Like number Five, this blog deals with “travel, adventure, and motion” of alternative investments. “Instability, unpredictability, and radical changes” are characteristic to risky investments, and these are the key characteristics of number Five, too. Often, in radically changing or challenging times that fortunes are made or lost. At the time of writing this entry, this rings true […]
Read more "Before the beginning."