As distrust and dissatisfaction with commercial banks grew during the recent financial crisis, there was large…
Month: February 2021
CPA Firms – Flat to No Growth
The average CPA practice has just under $2 million in annual revenue and 9 employees. Any…
Trading in markets with noisy information: an evolutionary analysis
Markets play a central role in today’s society and wide application ranging from stock markets to…
Type of Traders
The remaining agent types can be regarded as speculators of one kind or another: Value traders:…
If We Don’t Believe Markets are “Efficient”, What Do We Believe
The efficient market hypothesis was postulated more than 100 years ago by French mathematician Louis Bachelier.…
Noise Trading in Small Markets
Considering noise traders as agents with unpredictable beliefs, we show that in an imperfectly competitive market…
Quantum Computer For Sale
Google is now running the D-Wave “quantum” computer it acquired from Canadian company D- Wave. On…
Corner the Market: How AI and Quantum Computing will Revolutionize the Speed and Scale of Trading
Quantum computing processing power could cut AI model training exponentially, and increase the speed of informed…
Basic Components of Quantum Finance
In this book, we will explore how quantum mechanics and quantum field theory can be used…
Inside the Black Box
A mere five quant traders account for 1 billion shares of volume per day, in aggregate,…