Automated Trading Profit > The Indian Investor's Blog: Arguments against Automated Trading ...
[The Indian Investor's Blog] There are examples of HUGE profits from such systems - look at DE Shaw, Jim Simons of Rennaissance Technologies, Ken Griffin of Citadel or Man Investments. These guys manage billions and billions of dollars, through automated systems, and make a ton of money - some put their annual income (performance fees + management fees) as upwards of $1.5 billion.
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[darwinian remiix] Kurzweils Singularity Time Line « darwinian remiix: Alonzo Church and Alan Turing independently develop the Church-Turing thesis. This thesis states that all problems that a human being can solve can be reduced to a set of algorithms, supporting the idea that machine intelligence and human intelligence are essentially equivalent.
[Mute magazine - Culture and politics after the net - Articles, News & Analysis, Home Page] Mute magazine - Culture and politics after the net: Unlike the sweeping generalisations made about software in much of media studies, Fuller's book opens up a space for discussion that is able to reshape the problem without losing the specificity of technical knowledge. Likewise, when the cultural analysis of software gets caught up in representational tendencies and a semiotic obsession with the interface, it misses the real meat of the subject matter which resides in the performative modes of passwords, pin numbers, bleeps, alerts and the glitches of digitality.
[Roger Alsing Weblog] Genetic Programming: Mona Lisa FAQ « Roger Alsing Weblog: Roger, I would suggest re-running the simulation with a larger population size and some true genetic operators and see what effect that has on the convergence rate. As for the fitness function - I would keep it as is for now as it is unlikely to be a major factor in the convergence rate (at least not as much as the other suggestions).
[Genome Biology - Latest articles] Genome Biology | Full text | Ultrafast and memory-efficient ...: Bentley DR, Balasubramanian S, Swerdlow HP, Smith GP, Milton J, Brown CG, Hall KP, Evers DJ, Barnes CL, Bignell HR, Boutell JM, Bryant J, Carter RJ, Keira Cheetham R, Cox AJ, Ellis DJ, Flatbush MR, Gormley NA, Humphray SJ, Irving LJ, Karbelashvili MS, Kirk SM, Li H, Liu X, Maisinger KS, Murray LJ, Obradovic B, Ost T, Parkinson ML, Pratt MR, et al.: Accurate whole human genome sequencing using reversible terminator chemistry.
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[Blackfriars' Marketing] Blackfriars' Marketing: Are Quants blowing up our financial markets?: In the mid-1990s, he says, a good algorithm might trade successfully for three or four years. But the half-life of an algorithm's viability, he says, has been coming down, as more quants join the markets, as computers get faster and able to crunch more data, and as more data becomes available.
[AI Topics / AI Videos | Site / AllRecentChanges] AITopics / Banking: Maintained by Franco Busetti. As part of the of topics that include neural networks, genetic algorithms, simulated annealing, the site provides wonderful cartoons and links to lots of software.
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[blog maverick] The Stimulus Plan Update « blog maverick: As is usually the case with any blog post, the vast majority of people don’t actually read the post before they write a response. So the vast majority were dismissed because they did not quality under the required terms. Of those that did meet the requirements, I gave priority to those that were already operating. My feeling is that if a business is profitable , or close to it, they are more likely to know how to use the capital to their advantage than a startup would be.
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[Charlie's Diary] Charlie's Diary: The 21st century: FAQ: Curmudgeon # 24- given that we start hitting all sorts of resource problems over the next 20 years, and coincidentally have lots of interesting technology already or under development, I say that we could re-tool fast enough to make a difference to most readers of this blog under the age of 60. Of course we need to start now, and some baby steps have been taken, but wasting hundreds of billions of resource coupons on the financial system will get in the way of this, as well as the usual "I wanna do what I want" attitude that is so common.
[Road-Entrepreneur.com] Yahoo vs Ask vs Google - How Search Engines Work | Blogpreneur ...: Right now I think Google is doing a junky job with some of their search relevancy, by placing too much trust on older domains and favoring pages that have only one or few occurrences of certain modifiers on their pages. In doing this they are ranking many cloaked pages for terms other than the terms they are targeting, and I have seen many instances of things like Google ranking real content home mortgage pages for student loan searches, largely because student loans was in the global site navigation on the home mortgage page.
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