This is a summary of links recently featured on Quantocracy as of Sunday, 10/12/2025. To see our most recent links, visit the Quant Mashup. Read on readers!
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Asset Embeddings [Quantitativo]You shall know a word by the company it keeps. John Rupert Firth. John Rupert Firth was a British linguist and one of the pioneers of modern semantics. In the 1950s, he proposed a simple yet revolutionary idea: You shall know a word by the company it keeps. More than half a century later, this insight became the foundation for a breakthrough at Google, where Tomas Mikolov and his
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Is the degradation of trend following performance a cohort effect, instrument decay or environmental problem? [Investment Idiocy]It's probably bad luck to say this, but the most recent poor performance of CTAs and trend following managers this year appears to have been reversed. My own system is up over 12% since the nadir of the summer drawdown, and is now up for year; admittedly by only by 5.5%. Nevetheless, it's true to say that trend following performance appears to have been degrading over the last few
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Weekly Research Recap [Quant Seeker]Music as an Asset Class (Stoikov, Singla, Cetin, Cendra Villalobos) Analyzing 1,295 transactions from the Royalty Exchange, a marketplace for music royalties, the authors calibrate three discounted cash flow models to value music rights. The best-fitting model shows that Life of Rights assets earn 12.8% median annual net returns, comparable to the S&P 500s 12.2% annualized. 10-year