Everything John Fawcett said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Fawcett: Successful algorithmic quants spend 100x more time on research
“We've noticed that the people who have good outcomes out of sample, when we're testing after they've created an algo, spend about a hundred times the amount of time on the research step.”
Fawcett: Active asset management will always be required for institutional investors
“I think for institutional investors, there's a real need for actively managed portfolios because they have different needs, right? So they're not just trying to appreciate their assets. They have to be defensively posture. They have to be prepared for their ob…”
Fawcett: Quantopian aims for total coverage of real-economy datasets within 10 years
“And the thing that we want to accomplish over the next 10 years is if you think about the explosion in data from the real economy, we want to have total coverage. We want every single data set that exists to have, you know, several humans look at it, try to ex…”
Fawcett: Data cleaning and signal combination are ideal tasks for full automation
“Cleaning the data, tagging the data, getting it to our community to do the creative part of turning it into signals. And then taking those signals and combining them, those are the right jobs for full automation.”
Fawcett: Half of Quantopian's new traffic lands on technical research discussions
“About half of our new traffic land on discussions about things like Markov chain models, or common filters in trading, or different research topics that people are trying out, or papers they're trying to reproduce on the platform.”
Fawcett: Quantopian timestamps user strategies to eliminate overfit algorithms
“So when someone comes to Quantopia, they actually are creating their strategy in the browser, you know, on our system. And so we're building this big database of strategies. And that one piece of information is incredibly important because it makes a bright li…”