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Product typeBook
Published inSep 2021
PublisherPackt
ISBN-139781801815192
Edition1st Edition
Concepts
Financial Technology
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Laurent Bernut
Laurent Bernut
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Laurent Bernut

Laurent Bernut has 2 decades of experience in alternative investment space. After the US CPA, he compiled financial statements in Japanese and English for a Tokyo Stock Exchange-listed corporation. After serving as an analyst in two Tokyo-based hedge funds, he joined Fidelity Investments Japan as a dedicated quantitative short-seller. Laurent has built numerous portfolio management systems and developed several quantitative models across various platforms. He currently writes and runs algorithmic strategies and is an undisputed authority on short selling on Quora, where he was nominated top writer for 2017, 2018, and 2019.
Read more about Laurent Bernut

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"Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it."

– Warren Buffett

Great poker players do not play their hand. They play other players' hands. To be successful, you need to systematically tilt probabilities in your favor. Markets happen to be a probabilistic game. The way to achieve greatness is not only to play your hand but the market's invisible hand as well.

The first way to play the market's hand is something we saw in Chapter 5, Regime Definition. Let the market decide on which side stocks should go. Let's be honest for one second. Market participants who short bubbly stocks are repressed revenge traders. Deep down, they are angry at their shadow selves for not participating on the long side. Maybe they closed out too early. Maybe they dismissed that boat altogether. Either way, they vent their frustration by putting other people's precious...

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Algorithmic Short Selling with Python
Published in: Sep 2021Publisher: PacktISBN-13: 9781801815192
© 2021 Packt Publishing Limited All Rights Reserved

Author (1)

author image
Laurent Bernut

Laurent Bernut has 2 decades of experience in alternative investment space. After the US CPA, he compiled financial statements in Japanese and English for a Tokyo Stock Exchange-listed corporation. After serving as an analyst in two Tokyo-based hedge funds, he joined Fidelity Investments Japan as a dedicated quantitative short-seller. Laurent has built numerous portfolio management systems and developed several quantitative models across various platforms. He currently writes and runs algorithmic strategies and is an undisputed authority on short selling on Quora, where he was nominated top writer for 2017, 2018, and 2019.
Read more about Laurent Bernut

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