<t>leehayes81, let me guess, you're still marking at par those Albuquerque, New Mexico mortgage CDOs that you bought in 2007. how about the unsecured debt from the now bankrupt company Linens n Things? par because your model says so?oh yeah nothing is wrong with that - unless investors want their mo...

<t>hey gmike2000, are you still around? how do you like the government making it LEGAL for firms to not mark to market? lol. i bet you that's the main reason why Citadel recently became an investment bank. as an investment bank, citadel will also be able to "mark to model" and therefore not report l...

there's a quant finance job board at www.quantfinanceasia.com

<t>i'm not trying to disrespect anyone, but this is obviously wrong. try it on a stock with the characteristics that he described and you'll see.QuoteOriginally posted by: AlanSo, you will get immediately stopped out if you try 1 cent.Add 1 cent for the minimum bid-ask slippage after the order is tr...

omg you don't need to read an academic paper. traden4alpha laid out the moving parts and answered your question.

<t>QuoteOriginally posted by: traderdeluxeThat's a great question!The strategy I developed requires a base a minimum of infrastructure and capital that I don't have access to right now. Also, any single strategy also has a half life, and while it was quite profitable, I am looking to build a career ...

i don't understand something. if you already developed a profitable strategy, why don't you just trade it yourself?

www.quantfinanceasia.com

thanks guys. what about adjunct professors? do they even have a regular salary or do they get paid per course? why do some new phds get hired directly as assistant professor while others are in the permanent adjunct pool?

<r>Can someone shed some light on salaries in academia?What's the salary of a first year tenure track professor?What's the salary of a first year adjunct professor?This article says that first year tenure track professors make US$40,000 per year. Adjuncts make $1,000-$2,000 per course. How do you su...

oh really? what's the trader afraid of? when he exits the position he will have the realized pnl which will show definitively whether he made money, right?QuoteIf we started valuing OTCs using the worst-case senario everytime nobody would ever trade!!

<t>c'mon, all of this is complete bs and doesn't resolve anything and you know it.QuoteWhen I worked at a hedge fund we priced our own OTC's and took month end MtoM values. We ticked these back and any large discreps were identified by accountants based in back office (outsourced) and we'd query our...

<t>all the banks work the same way and hedge fund portfolios are not independently valued. there is only one way to properly mark anything - use the market price. if the market is illiquid then use a liquidity discount. the liquidity discount will not be perfect. sometimes it will undervalue the sec...

<t>career wise, it's probably better that you just let this go. you may win the battle, but you will lose the war. they will talk shit about you and spread all sorts of lies and rumors to the rest of the front office people and your managers. they will say that you're stupid and incompetent and you ...

<r>endian675, i understand your point, but this is not what happened here. nobody pressured these guys. these guys formed their own company to sell portfolio insurance out of ego and desire for money. you're right, it is all about sales. but in this case the quants were the salepeople. O'brien was h...