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Product typeBook
Published inSep 2021
PublisherPackt
ISBN-139781801815192
Edition1st Edition
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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.
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The psychology of the stop loss

"Hope is a mistake."

– Mad Max, post-apocalyptic Aussie philosopher

In the US alone, the weight-loss industry is worth 64 billion dollars. Yet, obesity rates have increased by 30% from the year 1999 to 2016. The weight-loss industry is a commercial success, but a practical failure, simply because it tries to solve the wrong problem. This has a lot to teach us about stop-loss psychology.

The cause of our collective obesity is not the food we ingest. It's how we relate to food. If instead of "eat your hamburger, it will make you strong", your parents told you, "supersize those carcinogenic genetically modified proteins, pumped full of antibiotics, they will triple your risk of cardiovascular health problems," then you might feel a little less inclined to partake in the consumption of the flesh of the holy cow.

The following Scientific American report discusses the health...

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Algorithmic Short Selling with Python
Published in: Sep 2021Publisher: PacktISBN-13: 9781801815192

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