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#books #trading #english
Ну и в завершение чтения Inside the Black Box.
A valid idea with a valid implementation might make little or no money if there is too much competition, whereas a mediocre strategy might make money if there is none.
A data edge can come from having proprietary access to some sort of data.
There is no secret sauce. We are constantly working to improve every area of our strategy. Our data is constantly being improved, our execution models are constantly being improved, our portfolio construction algorithms are constantly being improved … everything can always be better. We hire the right kinds of people, and we give them an environment in which they can relentlessly work to improve everything we do, little by little.
Список неизвестных/забытых английских слов, встретившихся в книге:
harrying - the act of persistently harassing, annoying, or attacking someone, whether through verbal demands, physical
disturbances, or destructive raids
linchpin - a person or thing vital to an enterprise or organization
reticent - not revealing one's thoughts or feelings readily
avocation - a hobby
cachet - (French pronunciation: [kaʃe]) is a printed or stamped design or inscription
persecution - преследование
lukewarm - тепловатый
replete - сытый
juxtaposition - the fact of two things being seen or placed close together with contrasting effect
fickle - ненадежный, переменный
pervade - (especially of a smell) spread through and be perceived in every part of
usher - to show someone where they should go
derisively To speak or act derisively is to do so in a mocking, scornful, or disrespectful manner, showing a clear lack of respect and treating something as silly or worthless
germane - имеющий отношение к делу, уместный, соответствующий теме или тесно связанный
inimitable - непревзойденный
unassailable - неопровержимый, безупречный
obviate = avoid, prevent
proclivity - склонность
verbiage - словоблудие
congruously - appropriately/aptly
winnow - to remove (as chaff) by a current of air; to free (as grain) from waste in this manner; to remove, separate, or select as if by winnowing; to narrow or reduce; to blow on or fan
BY Aspiring Data Science
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