With every news about crude buildup or drawdown, the oil price fluctuates and the oil companies go on a rollercoaster. My favorite oil company, Evolution Petroleum (EPM), has gone on a wild ride since the pandemic. As the price graph shows it has gone up and down, up and down- Continue Reading
[Investing] When Models Break Down
Nice article from Zerohedge talking about how Renaissance and AQR have taken a hit because of unprecedented times. Fed pumping money and Robinhooders going berserk will break any model. This is the danger of quant investing, the model will work most of the times but it will be ugly when Continue Reading
[Research] Musk’s Scientific Approach to COVID19 Testing
Musk has been tested four times using the same machine, same test, and same nurse and got two positive and two negative results- This is what I call a good controlled experiment. Everything is constant but the rapid test gave unreliable results- Therefore rapid testing has issues. Of course, given Continue Reading