#thinking
How quantitative funds try to tell a real, repeatable pattern from a correlation that's just noise, what actually makes one quant fund better than another, and whether high-frequency trading is, on balance, good or bad for markets.
A first-principles look at what hedge funds and quant funds actually are, where the idea of algorithmic trading came from, how high-frequency trading works mechanically, and how 'skill' gets measured once most decisions are made by machines.
A first-principles exploration of how financial markets turn scattered private opinions into prices — and why that forces a counterintuitive conclusion about how to invest.
Building sound arguments is a skill, not a talent. Let's look at the structure of good reasoning and how to apply it in everyday situations.
Critical thinking gets praised constantly and practiced rarely. Let's ask what it actually is, where it comes from, and why it's so easy to mistake other things for it.