Wed, 26 September 2018
The idea for asking Hugo to appear on this episode, was to chat about learning a programming language. Because for some traders, having the ability to write code can have great advantages—such as having the ability to collect stats on market behavior, perform research in a robust data-driven way, visualize large amounts of data, backtest and analyse trading ideas, implement algorithmic strategies, etc.
Plus more professional trading firms and finance related positions now require applicants to have some programming skills. And the same goes for many industries, which should be no surprise, considering a recent IBM study revealed that ‘90% of the world’s data has been created in the last two years alone.’
Hugo and I discuss when someone should consider learning to code, determining what’s relevant, the time it takes to become fluent in a programming language, working with new datasets, what to be wary of when using predictive models. And for fun, I ask Hugo (as a data scientist) how he’d go about creating a basic strategy…
Direct download: 166__Hugo_Bowne-Anderson__The_trader_s_guide_for_learning_to_code_with_a_data_scientist.mp3
Category:trading -- posted at: 6:42pm EDT
Sun, 9 September 2018
I was introduced to this weeks guest by an experienced trader and fund manager, who described him as being "hands down the best trader I know..."
Michael Samuels is an equities trader, who once traded for First New York and Apex Capital, he now trades his own money under the banner of Broome Street Capital.
Michael describes himself as being an 'event driven trader' with a primary focus on news flow surrounding mergers and acquisitions, shareholder activism and fundamentals—to seek out valuation disconnects.
During this episode you'll hear about merger-arb strategies (including examples), what happens during takeovers, a case of "excessive" due diligence, mistakes made and lessons learned during Michael's career, plus plenty more.
You should also note, Michael has recently begun hosting a podcast about M&A activity and the journalists who report on significant company news: According To Sources
Direct download: 165__Michael_Samuels__Speculating_on_mergersand_a_case_of__excessive__due_diligence.mp3
Category:trading -- posted at: 8:19pm EDT