Can a Stock-Trader-Turned-Convict Start a New Life?
One day in the middle of 2008, Sakhawat Khan, a Silicon Valley chip engineer, walked into a small house near the back of his two-acre property that his wife, Roomy, a stock trader, used as a home office. Roomy and Sakhawat met when they were electrical-engineering students at Columbia University. After graduating, Sakhawat started inventing,…
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Your True Opponent is Yourself
The reality is in competition, we will all compete against somebody who will simply out class us with talent, skill, and athleticism. There is only so much we can do against this external conflict, but the internal aspects of the battles are on us. We can choose to push forward and attack to the best of…
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Most Trading Strategies Are not tested Rigorously Enough
Financial research is highly prone to statistical distortion. Academics have the choice of many thousands of stocks, bonds and currencies being traded across dozens of countries, complete with decades’ worth of daily price data. They can backtest thousands of correlations to find a few that appear to offer profitable strategies. The paper points out that…
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Unintended Consequences
As a member of Empty Jets I noticed something similar the moment the mining infrastructure boom came to an end. Demand for private flying surged along. General-aviation operations at Midland International Airport jumped almost 10 percent in 2014, according to data reported to U.S. regulators. Now, private aviation’s role as canary-in-a-coal-mine is being watched closely…
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