diff options
| author | mac <ra@afu.re> | 2025-09-02 15:36:59 -0400 |
|---|---|---|
| committer | mac <ra@afu.re> | 2025-09-02 15:36:59 -0400 |
| commit | 08034942518ab5b59c0f728861aee491c8ddbf07 (patch) | |
| tree | 79e6597c755a0958ec3a8f7fe35852cad7e57a2f /Finance | |
| parent | eaf3d84f03ab1b51ffc15767d15e17114ed23d79 (diff) | |
Auto from nzxt - Tue 02 Sep 2025 03:36:59 PM EDT
Diffstat (limited to 'Finance')
| -rw-r--r-- | Finance/Fundamentals/index.md | 37 | ||||
| -rw-r--r-- | Finance/index.md | 1 |
2 files changed, 14 insertions, 24 deletions
diff --git a/Finance/Fundamentals/index.md b/Finance/Fundamentals/index.md index 60f4336..2fb13c7 100644 --- a/Finance/Fundamentals/index.md +++ b/Finance/Fundamentals/index.md @@ -15,6 +15,19 @@ [[Greeks]] +# Defining Macro Environement +- Is Economy expanding / contracting +- Is GDP above or below zero +- What is GDP doing after stripping out inflation ? Above/Below zero ? +- What is the prevailling lvls of interest rates (nominal rate - inflation) +- what are credit spread doing ? +- what are private sector expectation for growth +- What is current monetary policy settings - Expension/Contraction +- What is current fical policy settings Expension/Contraction +- What are foward looking Equity market Valuation doing ? + + + # 11 Major Sector |----------------------------|-----------------| | Real Estate | Cyclical | @@ -33,32 +46,8 @@ Notional exposure of calls/puts = # of options * 100 * strike price Sharpe Ratio = annualised returns / annualised std dev of portfolio -"" When I want to raise cash I put it into bershire hataways "" .... - declining yield make stock more attractive from a valuation perspective, debt easier to roll over ... -Q1 = Janvier,Fevrier,Mars -Q2 = Avril,May,Juin -Q3 = Juillet,Aout,Septembre - -# Defining Macro Environement -- Is Economy expanding / contracting -- Is GDP above or below zero -- What is GDP doing after stripping out inflation ? Above/Below zero ? -- What is the prevailling lvls of interest rates (nominal rate - inflation) -- what are credit spread doing ? -- what are private sector expectation for growth -- What is current monetary policy settings - Expension/Contraction -- What is current fical policy settings Expension/Contraction -- What are foward looking Equity market Valuation doing ? - - -# Hedge Fund Exemple -- XYZ Fund as 100,000,000 $ as AUM -- Typically hold 25 Long & 25 Short -- Self imposed 2% position limit - no position over 2M -- Charged investor a 2% Management fee and a 20% performance fee thus making 2M in fee and (0.20 * 2M) 4M in performance fee. -- 50% of performance fee reinvested into fund # Relative values trades exemple diff --git a/Finance/index.md b/Finance/index.md index c6a1606..bcc1264 100644 --- a/Finance/index.md +++ b/Finance/index.md @@ -29,6 +29,7 @@ Start by analysing Volatility ATR of the stock to set initial hard stp loss and Positive correlation between Nominal GDP growth rate & Nominal interest rates +things that do well in deflationary env - Utilities, Consumer staples, Low P/E stocks (not growth) Every company in theory if not shriking should grow at least at GDP + Inflation Inflation - 2% |