Sandeep Tyagi (@styagi) header
Sandeep Tyagi (@styagi) profile picture

CEO Estee Capital, Entrepreneur, live to think and explore

Orlando, FL
Joined May 2009
Issue in Jane Street was 25% ADV trade in cash market intraday. Limit should be put on both intraday cash and f&o exposure in ADV terms (or proxies) economictimes.indiatimes.com… Download Economic Times App to stay updated with Business News - etapp.onelink.me/tOvY/135dde…
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AI is dangerous. Evidence--look at the stock price of CHGG, they attributed their revenue decline to ChatGPT
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Many people find the idea of buy & hold investing very attractive. Folksy wisdom by Warren Buffett has convinced people that long-term can be generated by holding on to carefully selected businesses over long periods. One such popular view is Coffee Can investing. How did it do?
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Here is the data
Quants assume that returns are normally distributed around 0. Long-term data does not support that. Returns have a positive mean expectation and left skew of more than .4 (bigger losses than gains) #nifty @gulaqfintech
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2022 stands out as an extreme example of no safe haven for investment. We only found some emerging markets with positive returns
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The current year performance is not that great.
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Nifty 30 momentum index did a little better (source: Nse Momentum 30 whitepaper)
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Lets look at the historical performance. MSCI momentum index only outperformed index 50% of the time (Source:MSCI website)
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Sonam Shrivastava looks appreciates this characteristic in an investor. #tbcy @gulaqfintech . See the full interview here tbcy.in/passionate-about-bui…
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In the past two years, taking less risk would have resulted in better returns and lower risk at the same time. Normally higher exposure to equity results in higher return.