Quantian, Discover and Read the Best of Twitter Threads by @quantian1

Quantian

quantian1

One fun thing you can do is look up random homes in Palo Alto and then look up literal castles in France you can buy for less money. Top is

1. Quick THREAD on using the Kelly fraction to optimally size positions in your portfolio, just like Ed Thorpe did in the 1970's (1/N): Don't do it, you colossal idiot.

Look, the global economy is quite simple. The World produces worthless Stuff that they cannot consume. They bring it to America, which happily gives them valuable Dollars for their worthless