Free Sessions for September 2022 (Quantitative Finance)

Recent large losses in standard stock/bond portfolios emphasize the need for greater diversification and risk control.As a result, I'm offering free weekly quant finance sessions for the month of September. Please contact me using the form at the bottom of this page for more information. Students who love math and have a deep-seated interest the stock market will want to check out the curriculum for my Quantitative Finance course, developed...

Read More

Quantitative Finance Course

Update: I've recently started trading a combination of strategies from the course, including risk parity, long/short futures factors, long/short equity factors, and long/short volatility. Here's the live performance (March 2019 through June 2022):  Return (CAGR): 17.5%/year  CAPM Alpha: 18.0%/year  AQR alpha: 10.0%/year (controlling for SMB, HML-Dev, UMD, QMJ, and BAB)Sharpe ratio: 1.34  Sortino ratio:...

Read More

SAT/ACT Tutoring in Exchange for Multi-Factor Strategy

Update: I've added a link to Adaptive Asset Allocation and added an additional note for those selling insurance products. Open Offer I'll provide $10,000 of free SAT/ACT tutoring to the first East Bay financial adviser who offers as an investible option a strategy that has historically done better than the multi-factor one described in AQR's recent paper Buffett's Alpha (supporting documentation required). This chart is from Buffett's...

Read More

Boomerang (Michael Lewis)

This week, we'll look at Boomerang by Michael Lewis. As usual, I've included representative quotes from the book along with finance-related lessons (in blue) that we can apply to markets today. Lewis visits Europe to consider the aftermath of the 2008 financial crisis on Iceland, Greece, Ireland, and Germany. Each of these countries took enormous financial risks it didn't understand. In each case, there were people who saw what...

Read More