[edit] After this post we had another quick look at the S&P 500 and its monetary base counterpart, with a view courtesy of our good friends as SlopeCharts 😉
I read an article at Bloomberg the other day that focused upon a former mathematics professor who now runs his own Mom & Pop ‘quant’ shop (his home) from the desert plains in New Mexico. The article noted that there are big, powerful quants in New York City and there is a constellation of little guys out there writing their algos and skimming the markets with the precision that mathematical codes instruct.
Meet the DIY Quants Who Ditched Wall St for the Desert (more…)