His Only User (Young, Brilliant, and Wrong: Part 4)
nhua.substack.com · 645 words · saved by 1 readers
Coming Up Together with Ash
Ash showed me a model in his new system, compared to the analogous model in our existing system. “Where did you get the model you based this on?” “One of the drives.” “This doesn’t look like a good model. Does it make money? Why are you trading bonds? It’s so expensive. Why didn’t you try equities?” By now, I think I was the highest volume trader in many of the products we traded. I decided to give Ash one of my best models to convert into his system. The model running on his system seemed fine, but not clearly better, so I started making models using his system from beginning to end,…
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