Skip to content
By using Twitter’s services you agree to our Cookies Use. We and our partners operate globally and use cookies, including for analytics, personalisation, and ads.
  • Home Home Home, current page.
  • About

Saved searches

  • Remove
  • In this conversation
    Verified accountProtected Tweets @
Suggested users
  • Verified accountProtected Tweets @
  • Verified accountProtected Tweets @
  • Language: English
    • Bahasa Indonesia
    • Bahasa Melayu
    • Català
    • Čeština
    • Dansk
    • Deutsch
    • English UK
    • Español
    • Filipino
    • Français
    • Hrvatski
    • Italiano
    • Magyar
    • Nederlands
    • Norsk
    • Polski
    • Português
    • Română
    • Slovenčina
    • Suomi
    • Svenska
    • Tiếng Việt
    • Türkçe
    • Ελληνικά
    • Български език
    • Русский
    • Српски
    • Українська мова
    • עִבְרִית
    • العربية
    • فارسی
    • मराठी
    • हिन्दी
    • বাংলা
    • ગુજરાતી
    • தமிழ்
    • ಕನ್ನಡ
    • ภาษาไทย
    • 한국어
    • 日本語
    • 简体中文
    • 繁體中文
  • Have an account? Log in
    Have an account?
    · Forgot password?
    New to Twitter?
    Sign up
macrocephalopod's profile
macrocephalopod
macrocephalopod
macrocephalopod
@macrocephalopod

Tweets

macrocephalopod

@macrocephalopod

Paul Allen, Vice President M&A, Pierce & Pierce (Sie/Hir) | Vegan | Silence is Violence | Women’s Rights Are Human Rights | ACAB (Assigned Cephalopod At Birth)

Joined December 2020

Tweets

  • © 2022 Twitter
  • About
  • Help Center
  • Terms
  • Privacy policy
  • Cookies
  • Ads info
Dismiss
Previous
Next

Go to a person's profile

Saved searches

  • Remove
  • In this conversation
    Verified accountProtected Tweets @
Suggested users
  • Verified accountProtected Tweets @
  • Verified accountProtected Tweets @

Promote this Tweet

Block

  • Tweet with a location

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

    Your lists

    Create a new list

    Under 100 characters, optional
    Privacy

    Copy link to Tweet

    Embed this Tweet

    Embed this Video

    Add this Tweet to your website by copying the code below. Learn more

    Add this video to your website by copying the code below. Learn more

    Hmm, there was a problem reaching the server.

    By embedding Twitter content in your website or app, you are agreeing to the Twitter Developer Agreement and Developer Policy.

    Preview

    Why you're seeing this ad

    Log in to Twitter

    · Forgot password?
    Don't have an account? Sign up »

    Sign up for Twitter

    Not on Twitter? Sign up, tune into the things you care about, and get updates as they happen.

    Sign up
    Have an account? Log in »

    Two-way (sending and receiving) short codes:

    Country Code For customers of
    United States 40404 (any)
    Canada 21212 (any)
    United Kingdom 86444 Vodafone, Orange, 3, O2
    Brazil 40404 Nextel, TIM
    Haiti 40404 Digicel, Voila
    Ireland 51210 Vodafone, O2
    India 53000 Bharti Airtel, Videocon, Reliance
    Indonesia 89887 AXIS, 3, Telkomsel, Indosat, XL Axiata
    Italy 4880804 Wind
    3424486444 Vodafone
    » See SMS short codes for other countries

    Confirmation

     

    Welcome home!

    This timeline is where you’ll spend most of your time, getting instant updates about what matters to you.

    Tweets not working for you?

    Hover over the profile pic and click the Following button to unfollow any account.

    Say a lot with a little

    When you see a Tweet you love, tap the heart — it lets the person who wrote it know you shared the love.

    Spread the word

    The fastest way to share someone else’s Tweet with your followers is with a Retweet. Tap the icon to send it instantly.

    Join the conversation

    Add your thoughts about any Tweet with a Reply. Find a topic you’re passionate about, and jump right in.

    Learn the latest

    Get instant insight into what people are talking about now.

    Get more of what you love

    Follow more accounts to get instant updates about topics you care about.

    Find what's happening

    See the latest conversations about any topic instantly.

    Never miss a Moment

    Catch up instantly on the best stories happening as they unfold.

    1. macrocephalopod‏ @macrocephalopod 28 Jan 2021

      Moves in heavily shorted stocks are *extreme*. Short interest factor return (in std devs) last Friday was -2.4, Monday -3.9, Tue -5.1 and yesterday **-8.8**. Overall it's a 10 standard deviation move, giving up ~3 years of return in four days

      2 replies 2 retweets 14 likes
      Show this thread
    2. Clifford Asness‏Verified account @CliffordAsness 28 Jan 2021
      Replying to @macrocephalopod

      Not that current moves are at all attached to market, but can you subtract the market from these? I remember a similar death of shorted stocks in 2018 that I’m not seeing here.

      4 replies 1 retweet 2 likes
    3. clouser‏ @gettingclouser 28 Jan 2021
      Replying to @CliffordAsness @macrocephalopod

      I find it odd we continually cite standard deviations for return distributions that are clearly not normally distributed

      1 reply 0 retweets 0 likes
    4. macrocephalopod‏ @macrocephalopod 28 Jan 2021
      Replying to @gettingclouser @CliffordAsness

      Why?

      1 reply 0 retweets 0 likes
    5. macrocephalopod‏ @macrocephalopod 28 Jan 2021
      Replying to @macrocephalopod @gettingclouser @CliffordAsness

      There's nothing magical about the normal distribution that means its the only distribution that you can calculate the std deviation of. As long as you have finite second moment you can calculate a std deviation just fine.

      1 reply 0 retweets 0 likes
    6. clouser‏ @gettingclouser 28 Jan 2021
      Replying to @macrocephalopod @CliffordAsness

      because if the distribution of returns isn't normally distributed it's a meaningless number. It's supposed to represent something (i.e 1 std = 68% of events, 2 = 95%, etc) but if the tails are way longer and flatter than a normal distribution the number doesn't mean anything.

      2 replies 0 retweets 0 likes
    7. macrocephalopod‏ @macrocephalopod 28 Jan 2021
      Replying to @gettingclouser @CliffordAsness

      I have no idea where you are getting this from but it's completely wrong. It's only meaningless if the distribution doesn't have a finite second moment. Otherwise st dev has a perfectly sensible meaning as the square root of the second central moment.

      1 reply 0 retweets 0 likes
      macrocephalopod‏ @macrocephalopod 28 Jan 2021
      Replying to @macrocephalopod @gettingclouser @CliffordAsness

      The correspondence between std deviations and quantiles (e.g. 1 sd = 68%, 2 sd = 95% etc) is true for the normal distribution but so what? It doesn't mean you can't use the standard deviation for other distributions. Just a massive misunderstanding on your part.

      2:30 PM - 28 Jan 2021
      0 replies 0 retweets 0 likes

      Loading seems to be taking a while.

      Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.

        Promoted Tweet

        false

        • © 2022 Twitter
        • About
        • Help Center
        • Terms
        • Privacy policy
        • Cookies
        • Ads info