Avatar photoMatthew Krumholz

No Earnings Surprise-Tesla’s Controls How the Market Works

by

OPINION People buy into the leader before they buy into the vision “Elon Musk”. And you get people to buy into that vision by developing a clear vision of what you want to introduce “accelerate the advent of sustainable transport”.   Next steps include … invite others’ ideas, leverage feedback, communicate progress, tailor your pitch … Read more

Beware the Urge to Make a Sudden Shift to Cash

by

INVESTOR SERIES Volatile times these days with a 9.1% consumer price index (CPI) inflation number released in June and the Federal Reserve’s hawkish commitment to bring down inflation. Many investors have liquidated their portfolios and are waiting for market recovery with their cash. Investors should resist attempting to time the market Volatility creates investment opportunities! … Read more

Wall Street Market Talent Rarely Produces Results

by

OPINION That extensive gap between market knowledge and results does not exist in any other field. There are people with no financial training or background who on average statistically do better than trade professionals with investing money into the market. The real problem is investing money rarely follows the rules of finance Today algorithms based … Read more

Higher Tick Size Leads to +10% Drop in Algorithmic Trading

by

OPINION Order anticipation strategies have attracted intense attention and generated heated debates in the context of high-frequency trading (HFT). The problem of “back-running” risk that order flow leaks valuable information substantially changes the fundamental investor’s behavior. Trading algorithms enable order anticipation strategies in an attempt to locate and trade in front of large buyers and … Read more

Non-Human Knowledge Requires an Alternate Worldview

by

OPINION We live in a time when the defense of our beliefs threatens our future. Noise and predictability are human constructs. Problems today Human knowledge and action can’t generate sustainable performance. Customers are skeptical that professional investment management can consistently provide benefits that justify its cost. Today investors dismiss the possibility that these new systems … Read more