By adding so much surface area so high up you create a lever for winds to create torque to cape size the vessel.
The way sailing boats circumvent this issue is by having a big long metallic fin at the bottom of the boat(called keel). The keel counteracts the torque of the wind when the boat rotates and brings it back to a steady position.
The problem is that ports have fixed depth so if you modify an existing cargo ship with a keel it will no longer fit into the commercial ports
I had revolut or wealthsimple in mind that both make trading/exchanging money more like a game and a wholesome experience.
I think because of the app the user is "forced" to concentrate and use the whole screen of the app (especially for the phone) it enables a more immersive experience. Whereas most browser apps feel like a transactional thing.
I would love to know your problems with the post :) If you got spare time feel free to reach out either here or via email or via Twitter, whichever is more convenient
Awesome thanks a lot for the constructive feedback! There are a lot of things to unpack. Let me answer the question.
> Also, how much leverage are you taking on?
Equal to the value of the portfolio since this how much you need to have 1-1 hedge. The hedging instrument is just short selling the stock.
> Puru Saxena has a different portfolio.
I am inspired by the hedging mechanism that he uses and I started with the same technical triggers.
> The type of hedging you describe in your example is equivalent to just selling the shares, but a little worse.
I see what you are saying and I agree with it.
I am not sure if it is actually worse. Avoiding a tax event on your long position (which in the long run is the most profitable) is actually really important as you more capital to compound.
I know of Quantopian but I have never used and the calculation seemed simple enough to do with vanilla python/pandas. I did not think of using vector of weights, that would be a better approach and much more scalable.
I am working on my new year resolutions and learn to invest in individual stocks. I am slightly biased towards tech companies.
Why I am doing this:
- Improve my business (learn about different business models)
- Improve my product sense
- Hearing good CEOs talking at their investors is a great lesson.
What I am building:
- Use Azure to automate stuff and set up notifications for events I am interested in.
* it is super extensible * truly open-source and open to contributions by companies * the codebase is really modern and easy to reason about