This is a good question! Some possible answers - 1. Infrastructure that is too expensive or too hard to build yourself (eg colocation, low latency data feeds, compute clusters, fpgas) 2. Data that is too expensive or simply impossible to buy (eg historical tick data)https://twitter.com/mobile_mm/status/1373427747901542402 …
-
-
This Tweet is unavailable.
-
Great point. If you have a strategy that works for bond futures it might work even better for cash bonds or interest rate swaps, but you’ll never know if you can’t access the market.
End of conversation
-
-
-
In addition to scale other people’s money is diversified, and is ok with your strat eating it for a year while others perform. If you have enough $$$ to do that you’re a family office.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
I know nothing about US taxation but if you traded your own funds as an LLC and paid yourself a % of profits, wouldn't you potentially save a lot (assuming corporation tax is lower than income tax) compared to working for a fund? ps leverage easy to obtain in some countries
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
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.