This is David Shaw. He’s the billionaire hedge fund manager nicknamed “King of the Quants”. Over his time, he was part of the highest-performing funds, Exploiting inefficiencies like none other. Here's how he created billions in wealth:

Breaking down the FTC ban on noncompetes from an employer's perspective: - First, some background. Noncompetes are less common in tech, illegal in CA, but they are very much the norm in quant finance. - In fact, if you search for ppl on "garden leave" they're quants lol

Just saw this getting unloaded in front of OpenAI. We are getting AGI this year.

Portfolio Management 101: 1. Find factors that drive returns. 2. Measure them with principal component analysis 3. Isolate them by hedging beta: • Get data • Build a regression • Short the market Start a hedge fund.

Top sources of alpha: - circle packing - LSTM-CNN-Wavelet Machine Learning SVMs - Kalman Filter - FPGAs (even if you have jitter of 20ms you won't make a dime if your compute is above a microsecond)

Want to become a better public speaker? Here are 11 public speaking techniques from the world's greatest speakers:

I’ve gotten the question of “how do you sell a trading edge?” on a few occasions ERoz was one recently. Here’s a short brief: …

Hot Take - I automatically ignore a product or service if it’s being sold on a click funnel webpage. Just screams scam hbu?

The 5 Most Famous Laws in the World ‼️

100 AI Tools to replace your tedious work: 1. Research - ChatGPT - YouChat - Abacus - Perplexity - Copilot - Gemini 2. Image - Fotor - Stability AI - Midjourney - Microsoft Designer 3. CopyWriting - Rytr - Copy AI - Writesonic - Adcreative AI 4. Writing - Jasper - HIX AI

Launching a hedge fund is both easier + harder compared to 10 years ago. It's difficult to summarize into 1 post, but below are my personal anecdotes:

Eric Schmidt is right about this

Sam Altman on how to start a startup:

Futures trading cheatsheet. h/t Trader Diego

40 websites to promote your startup and get free backlinks. Used by Y Combinator (YC) startups. Sorted by domain rating (DR) 👇

🚨Anthropic just released the most amazing AI technology I've ever used I'm not kidding AI agents are here and you can now build your own personal army of AI's that will do work for you Here is your demo and complete beginner's guide: (trust me, you want to bookmark this)

It was a huge week of AI and robotics news. So I summarized everything announced by Anthropic, Ideogram, Figure, Genmo, Runway, Microsoft, Google DeepMind, OpenAI, UCLA, Apple, Clone Robotics, and more. Here's everything you need to know and how to make sense out of it:

This is actually insane I built an AI Agent that monitors X all day and writes HOURS of content by itself I literally have my own AI employee In this video I'll show you how to easily set it up. No technical experience required (Trust me, you want to bookmark this)

The YC approach on how to pitch your company:

What else changed?