Ernest Chan's guest appearances

Ernest Chan

Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders

Better System Trader

Engineered Trading Mindset: Experts Talk

Creator Forge Podcast

Flirting with Models

Mutiny Investing Podcast

The Managed Futures Podcast

Multipotent MD

MLOps.community 

Fintech Underground by Alpaca 

Invest with CARL

Lead-Lag Live

Scott Andrews

Scott Welsh

Michael Melissinos

Kevin Davey

Troy Bombardia

Steve Ward

Rob Hanna

Kirk Du Plessis

Scott Phillips

Casey Stubbs

Corey Hoffstein

Anmol Singh

Linda Raschke

Brent Penfold

Kris Sidial

OwlTail

Artificial intelligence isn't as intelligent as you think when it comes to investing.Sign up for The Lead-Lag Report at www.leadlagreport.com and use promo code PODCAST30 for 2 weeks free and 30% off.In this thought-provoking podcast, we dive deep into the fascinating world of artificial intelligence (AI) and its role in shaping the future of the stock market. We bring you an exclusive Ernest Chan interview, where the expert shares his insights on how stocks and artificial intelligence are inevitably intertwined and the potential pitfalls of relying solely on AI for investment decisions.As the title suggests, artificial intelligence is indeed changing the way we approach stocks and investments. But is it always a positive change? Through our Ernest Chan interview, we examine the strengths and weaknesses of AI-powered algorithms and their impact on stock market performance. This podcast will provide you with a comprehensive understanding of the ever-evolving relationship between stocks, artificial intelligence, and the future of investing.Throughout the podcast, we discuss important topics such as the limitations of AI in predicting stock market trends, how human intuition still plays a significant role in making sound investment decisions, and the potential risks of solely relying on AI-driven strategies. By highlighting these key points, our goal is to provide a balanced perspective on the role of artificial intelligence in the world of stocks and investments.Check The Lead-Lag Report on your favorite social networks.Twitter: https://twitter.com/leadlagreportYouTube: https://www.youtube.com/c/theleadlagreportFacebook: https://www.facebook.com/leadlagreportInstagram: https://instagram.com/leadlagreportNothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities.The content in this program is for informational purposes only. You should not construe any information or other material as investment, financial, tax, or other advice. The views expressed by the participants are solely their own. A participant may have taken or recommended any investment position discussed, but may close such position or alter its recommendation at any time without notice. Nothing contained in this program constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in any jurisdiction. Please consult your own investment or financial advisor for advice related to all investment decisions.See disclosures for The Lead-Lag Report here: The Lead-Lag Report (leadlagreport.com)Foodies unite…with HowUdish!It’s social media with a secret sauce: FOOD! The world’s first network for food enthusiasts. HowUdish connects foodies across the world!Share kitchen tips and recipe hacks. Discover hidden gem food joints and street food. Find foodies like you, connect, chat and organize meet-ups!HowUdish makes it simple to connect through food anywhere in the world.So, how do YOU dish? Download HowUdish on the Apple App Store today: Support the show

Artificial intelligence isn't as intelligent as you think when it comes to investing. Sign up for The Lead-Lag Report at <a href="http://www.leadlagreport.com" rel="nofollow" target="_blank">www.leadlagreport.com</a> and use promo code PODCAST30 for 2 weeks free and 30% off. In this thought-provoking podcast, we dive deep into the fascinating world of artificial intelligence (AI) and its role in shaping the future of the stock market. We bring you an exclusive Ernest Chan interview, where the expert shares his insights on how stocks and artificial intelligence are inevitably intertwined and the potential pitfalls of relying solely on AI for investment decisions. As the title suggests, artificial intelligence is indeed changing the way we approach stocks and investments. But is it always a positive change? Through our Ernest Chan interview, we examine the strengths and weaknesses of AI-powered algorithms and their impact on stock market performance. This podcast will provide you with a comprehensive understanding of the ever-evolving relationship between stocks, artificial intelligence, and the future of investing. Throughout the podcast, we discuss important topics such as the limitations of AI in predicting stock market trends, how human intuition still plays a significant role in making sound investment decisions, and the potential risks of solely relying on AI-driven strategies. By highlighting these key points, our goal is to provide a balanced perspective on the role of artificial intelligence in the world of stocks and investments. Check The Lead-Lag Report on your favorite social networks. Twitter: <a href="https://twitter.com/leadlagreport" rel="nofollow" target="_blank">https://twitter.com/leadlagreport</a> YouTube: <a href="https://www.youtube.com/c/theleadlagreport" rel="nofollow" target="_blank">https://www.youtube.com/c/theleadlagreport</a> Facebook: <a href="https://www.facebook.com/leadlagreport" rel="nofollow" target="_blank">https://www.facebook.com/leadlagreport</a> Instagram: <a href="https://instagram.com/leadlagreport" rel="nofollow" target="_blank">https://instagram.com/leadlagreport</a> Nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. The content in this program is for informational purposes only. You should not construe any information or other material as investment, financial, tax, or other advice. The views expressed by the participants are solely their own. A participant may have taken or recommended any investment position discussed, but may close such position or alter its recommendation at any time without notice. Nothing contained in this program constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in any jurisdiction. Please consult your own investment or financial advisor for advice related to all investment decisions. See disclosures for The Lead-Lag Report here: <a href="https://www.leadlagreport.com/static/termsandconditions" rel="nofollow" target="_blank">The Lead-Lag Report (leadlagreport.com)</a> Foodies unite…with HowUdish! It’s social media with a secret sauce: FOOD! The world’s first network for food enthusiasts. HowUdish connects foodies across the world! Share kitchen tips and recipe hacks. Discover hidden gem food joints and street food. Find foodies like you, connect, chat and organize meet-ups! HowUdish makes it simple to connect through food anywhere in the world. So, how do YOU dish? Download HowUdish on the Apple App Store today: <a href="ht&lt;a rel=" rel="nofollow" target="_blank">Support the show</a>

AI Trading Secrets REVEALED: Can Robots Really Outsmart the Stock Market? Ernest Chan Weighs In

MLOps Coffee Sessions #84 with Ernest Chan, Lessons from Studying FAANG ML Systems.  // Abstract Large tech companies invest in ML platforms to accelerate their ML efforts. Become better prepared to solve your own MLOps problems by learning from their technology and design decisions.  Tune in to learn about ML platform components, capabilities, and design considerations.  // Bio Ernest is a Data Scientist at Duo Security. As part of the core team that built Duo's first ML-powered product, Duo Trust Monitor, he faced many (frustrating) MLOps problems first-hand. That led him to advocate for an ML infrastructure team to make it easier to deliver ML products at Duo. Prior to Duo, Ernest worked at an EdTech company, building data science products for higher-ed. Ernest is passionate about MLOps and using ML for social good.  // Related Links   Lessons on ML Platforms — from Netflix, DoorDash, Spotify, and more: https://ernestklchan.medium.com/lessons-on-ml-platforms-from-netflix-doordash-spotify-and-more-f455400115c7  Paper Highlights-Challenges in Deploying Machine Learning: a Survey of Case Studies https://towardsdatascience.com/paper-highlights-challenges-in-deploying-machine-learning-a-survey-of-case-studies-cafe61cfd04c  Choose boring technologies Slideshare by Dan McKinley: https://www.slideshare.net/danmckinley/choose-boring-technology  --------------- ✌️Connect With Us ✌️ ------------- Join our slack community: https://go.mlops.community/slack Follow us on Twitter: @mlopscommunity Sign up for the next meetup: https://go.mlops.community/register Catch all episodes, blogs, newsletter and more: https://mlops.community/  Connect with Demetrios on LinkedIn: https://www.linkedin.com/in/dpbrinkm/ Connect with Vishnu on LinkedIn: https://www.linkedin.com/in/vrachakonda/ Connect with Ernest on LinkedIn: https://www.linkedin.com/in/ernest-chan-68245773/  Timestamps:  [00:00] Introduction to Ernest Chan  [01:07] Takeaways  [02:58] Ernest's Lessons on ML Platforms — from Netflix, DoorDash, Spotify, and more blog post  [05:55] Five components of an ML Platform   [10:09] Limitations highlighted in the blog post  [14:41] Level of maturity or completion observed in company efforts  [16:17] Platform/Architecture admired the most  [17:46] Advice to big tech companies  [22:03] Process of needing an infrastructure and aiming towards having a platform  [24:23] Paper Highlights-Challenges in Deploying Machine Learning: a Survey of Case Studies blog post  [26:24] Takeaways from Paper Highlights-Challenges in Deploying Machine Learning  [30:33] Prioritization  [33:04] Delta Lake  [35:27] Model rollouts and shadow mode  [39:23] Are you an ML Engineer or a Data Scientist?   [40:15] Simple route platform vs flexible platform trade-offs  [41:08] Opinionated and simple vs less opinionated and flexible  [43:22] Choose boring technologies Slideshare by Dan McKinley  [44:36] Wrap up

MLOps Coffee Sessions #84 with Ernest Chan, Lessons from Studying FAANG ML Systems. // Abstract Large tech companies invest in ML platforms to accelerate their ML efforts. Become better prepared to solve your own MLOps problems by learning from their technology and design decisions. Tune in to learn about ML platform components, capabilities, and design considerations. // Bio Ernest is a Data Scientist at Duo Security. As part of the core team that built Duo's first ML-powered product, Duo Trust Monitor, he faced many (frustrating) MLOps problems first-hand. That led him to advocate for an ML infrastructure team to make it easier to deliver ML products at Duo. Prior to Duo, Ernest worked at an EdTech company, building data science products for higher-ed. Ernest is passionate about MLOps and using ML for social good. // Related Links   Lessons on ML Platforms — from Netflix, DoorDash, Spotify, and more: <a href="https://ernestklchan.medium.com/lessons-on-ml-platforms-from-netflix-doordash-spotify-and-more-f455400115c7" rel="nofollow" target="_blank">https://ernestklchan.medium.com/lessons-on-ml-platforms-from-netflix-doordash-spotify-and-more-f455400115c7</a> Paper Highlights-Challenges in Deploying Machine Learning: a Survey of Case Studies <a href="https://towardsdatascience.com/paper-highlights-challenges-in-deploying-machine-learning-a-survey-of-case-studies-cafe61cfd04c" rel="nofollow" target="_blank">https://towardsdatascience.com/paper-highlights-challenges-in-deploying-machine-learning-a-survey-of-case-studies-cafe61cfd04c</a> Choose boring technologies Slideshare by Dan McKinley: <a href="https://www.slideshare.net/danmckinley/choose-boring-technology" rel="nofollow" target="_blank">https://www.slideshare.net/danmckinley/choose-boring-technology</a> --------------- ✌️Connect With Us ✌️ ------------- Join our slack community: https://go.mlops.community/slack Follow us on Twitter: @mlopscommunity Sign up for the next meetup: https://go.mlops.community/register Catch all episodes, blogs, newsletter and more: https://mlops.community/ Connect with Demetrios on LinkedIn: <a href="https://www.linkedin.com/in/dpbrinkm/" rel="nofollow" target="_blank">https://www.linkedin.com/in/dpbrinkm/</a> Connect with Vishnu on LinkedIn: <a href="https://www.linkedin.com/in/vrachakonda/" rel="nofollow" target="_blank">https://www.linkedin.com/in/vrachakonda/</a> Connect with Ernest on LinkedIn: <a href="https://www.linkedin.com/in/ernest-chan-68245773/" rel="nofollow" target="_blank">https://www.linkedin.com/in/ernest-chan-68245773/</a> Timestamps: [00:00] Introduction to Ernest Chan [01:07] Takeaways [02:58] Ernest's Lessons on ML Platforms — from Netflix, DoorDash, Spotify, and more blog post [05:55] Five components of an ML Platform   [10:09] Limitations highlighted in the blog post [14:41] Level of maturity or completion observed in company efforts [16:17] Platform/Architecture admired the most [17:46] Advice to big tech companies [22:03] Process of needing an infrastructure and aiming towards having a platform [24:23] Paper Highlights-Challenges in Deploying Machine Learning: a Survey of Case Studies blog post [26:24] Takeaways from Paper Highlights-Challenges in Deploying Machine Learning [30:33] Prioritization [33:04] Delta Lake [35:27] Model rollouts and shadow mode [39:23] Are you an ML Engineer or a Data Scientist?   [40:15] Simple route platform vs flexible platform trade-offs [41:08] Opinionated and simple vs less opinionated and flexible [43:22] Choose boring technologies Slideshare by Dan McKinley [44:36] Wrap up

Lessons from Studying FAANG ML Systems // Ernest Chan // MLOps Coffee Sessions #84

Interview with Ernest Chan: Animation Supervisor at DreamWorks Animation TV  CreatorForge.com ------------------------------------------- *Opinions expressed by guests are their own, and not necessarily endorsed by their employer, past present or future, nor by Creator Forge.*

Interview with Ernest Chan: Animation Supervisor at DreamWorks Animation TV <a href="http://CreatorForge.com" rel="nofollow" target="_blank">CreatorForge.com</a> ------------------------------------------- *Opinions expressed by guests are their own, and not necessarily endorsed by their employer, past present or future, nor by Creator Forge.*

Ernest Chan: Animation Supervisor at DreamWorks Animation TV

Welcome back to Multipotent MD! This week, we interview Dr. Ernest Chan, PGY4 in Urology. Dr. Chan walks us through his origin stories and inspirations throughout his journey to medicine: particularly, his mother. He dives into what drove him to Urology, the breadth of the specialty, and the pros and the challenges. He discusses his research in POCUS and testicular torsion, as well as burnout and the importance of mental wellbeing as a physician, and so much more!

Urology with Dr. Ernest Chan (Residency Reel)

In this episode, Yoshi Yokokawa, CEO and co-founder of Alpaca, interviews Dr. Ernest Chan.  As the Founder of PredictNow.ai, along with the author of multiple books on quantitative and algorithmic trading, Ernest discusses his experience at Morgan Stanley, the hedge fund industry, and his thoughts on the recent surge in retail trading. Any opinions expressed are opinions of the host and their guests. Alpaca Securities LLC does not recommend any specific investments or investment strategies.

In this episode, Yoshi Yokokawa, CEO and co-founder of Alpaca, interviews Dr. Ernest Chan.  As the Founder of <a href="http://PredictNow.ai" rel="nofollow" target="_blank">PredictNow.ai</a>, along with the author of multiple books on quantitative and algorithmic trading, Ernest discusses his experience at Morgan Stanley, the hedge fund industry, and his thoughts on the recent surge in retail trading. Any opinions expressed are opinions of the host and their guests. Alpaca Securities LLC does not recommend any specific investments or investment strategies.

Dr. Ernest Chan from PREDICTNOW #003

Jamie Uppenberg is joined by Ernest Chan, investment manager for CARL’s Olympus quant hedge fund strategy. His firm, QTS was recently nominated to make the shortlist for HFM US Quant Performance Awards 2021 and recognized as one of the best tail risk hedging investment strategies of 2020. Learn what makes this strategy so successful, how it functions, and how it manages risk while offering investors true diversification.    Episode highlights:     What has made this strategy successful so far  How it performs during crisis and market downturns with historical examples  Why and how Ernest started the tail reaper strategy  What his research shows about having the strategy in a portfolio  How it has performed during a pandemic  What the strategy works really hard at     Links &amp; Resources    Download the CARL App 

Jamie Uppenberg is joined by Ernest Chan, investment manager for CARL’s Olympus quant hedge fund strategy. His firm, QTS was recently nominated to make the shortlist for HFM US Quant Performance Awards 2021 and recognized as one of the best tail risk hedging investment strategies of 2020. Learn what makes this strategy so successful, how it functions, and how it manages risk while offering investors true diversification.  Episode highlights:  <ul> <li>What has made this strategy successful so far </li> <li>How it performs during crisis and market downturns with historical examples </li> <li>Why and how Ernest started the tail reaper strategy </li> <li>What his research shows about having the strategy in a portfolio </li> <li>How it has performed during a pandemic </li> <li>What the strategy works really hard at </li> </ul> Links &amp; Resources  <a href="https://apps.apple.com/us/app/carl-app/id1518314520" rel="nofollow" target="_blank">Download the CARL App</a>

CARL’s Olympus Quant Hedge Fund Strategy with Investment Manager Ernest Chan

In this episode, we talk with Ernie Chan. Ernie, a physicist by training, is the founder of QTS Capital Management and author of a number of books on Quantitative and Algorithmic Trading. In today’s episode, we talk about Ernie’s tail reaper strategy at QTS which seeks to profit from down moves in the S&amp;P. We go into how Gamma Dealer Hedging and Forced Rebalancing exacerbates intraday volatility in the SPX in a way that makes the S&amp;P one of the best places for a tail strategy to work. We also go into the Evolution of Machine Learning and how it is applied to trading strategies including tail reaper and the appropriate way to use kelly criterion for investors - a lesson Ernie learned the hard way.

In this episode, we talk with Ernie Chan. Ernie, a physicist by training, is the founder of QTS Capital Management and author of a number of books on Quantitative and Algorithmic Trading. In today’s episode, we talk about Ernie’s tail reaper strategy at QTS which seeks to profit from down moves in the S&amp;P. We go into how Gamma Dealer Hedging and Forced Rebalancing exacerbates intraday volatility in the SPX in a way that makes the S&amp;P one of the best places for a tail strategy to work. We also go into the Evolution of Machine Learning and how it is applied to trading strategies including tail reaper and the appropriate way to use kelly criterion for investors - a lesson Ernie learned the hard way.

[MM]17. Ernest Chan

AI For Trading Forex (What You Can &amp; Can't Do!) In episode 261 of the Desire To Trade Podcast, I sit down for a trader interview with algorithmic trader and author Dr. Ernest Chan. Dr. Ernest Chan is an expert in the application of statistical models and software for trading currencies, futures, and stocks. Over his career, he has built and traded numerous quantitative models for investment banks and hedge funds. He Currently manages a commodity pool and individual investor accounts and is the author of Quantitative Trading, a book which covers the basics of quantitative analysis in trading strategies. Let's get started!! &gt;&gt; Watch the video recording! In This Episode, You'll Learn...  Who is Dr. Ernest Chan and what has his journey intro AI and trading been 00:28 How traders were using AI 20 years ago for trading and how it has changed over time 06:51 Will AI will replace manual traders? 13:52 What is the process that Dr. Chan use to generate and get his strategies into the market and the difficulties that there are when applying a strategy to live markets 15:28 How to make sure you are not over-optimizing a strategy 23:14 The 2 different ways of using AI for trading strategies 25:46 What do investors prefer? AI vs Manual Trading 27:24 What is the next step on AI for trading according to Dr. Chan 30:45 How can you start learning about quantitative trading and AI 32:11 Where to find Dr. Ernest Chan 34:34 What are Dr. Chan's goals for the future 35:00 And much more!  What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Desire To Trade's Top Resources  DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers:  Pepperstone (get rebates when signing up with our partners) AxiTrader (use our link to get a special bonus)   Desire To TRADE Academy  About The Desire To Trade Podcast  Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn  Subscribe via Google Play  See all podcast episodes  How To Find Ernest Chan?  E.P. Chan Website Prediction Now AI Website  What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

AI For Trading Forex (What You Can &amp; Can't Do!) In episode 261 of the Desire To Trade Podcast, I sit down for a trader interview with algorithmic trader and author Dr. Ernest Chan. Dr. Ernest Chan is an expert in the application of statistical models and software for trading currencies, futures, and stocks. Over his career, he has built and traded numerous quantitative models for investment banks and hedge funds. He Currently manages a commodity pool and individual investor accounts and is the author of Quantitative Trading, a book which covers the basics of quantitative analysis in trading strategies. Let's get started!! &gt;&gt; <a href="https://youtu.be/pLslJHWpIiQ" rel="noopener nofollow" target="_blank">Watch the video recording!</a> In This Episode, You'll Learn... <ul> <li>Who is Dr. Ernest Chan and what has his journey intro AI and trading been 00:28</li> <li>How traders were using AI 20 years ago for trading and how it has changed over time 06:51</li> <li>Will AI will replace manual traders? 13:52</li> <li>What is the process that Dr. Chan use to generate and get his strategies into the market and the difficulties that there are when applying a strategy to live markets 15:28</li> <li>How to make sure you are not over-optimizing a strategy 23:14</li> <li>The 2 different ways of using AI for trading strategies 25:46</li> <li>What do investors prefer? AI vs Manual Trading 27:24</li> <li>What is the next step on AI for trading according to Dr. Chan 30:45</li> <li>How can you start learning about quantitative trading and AI 32:11</li> <li>Where to find Dr. Ernest Chan 34:34</li> <li>What are Dr. Chan's goals for the future 35:00</li> <li>And much more!</li> </ul> What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the <a href="http://www.desiretotrade.com/group/" rel="nofollow" target="_blank">Facebook group</a>! Desire To Trade's Top Resources <ul> <li><a href="https://www.facebook.com/groups/desiretotrade/" rel="nofollow" target="_blank">DesireToTRADE Forex Trader Community</a> (free group!)</li> <li><a href="http://www.desiretotrade.com/checklist/" rel="nofollow" target="_blank">Complete Price Action Strategy Checklist</a></li> <li><a href="http://www.desiretotrade.com/get-one-page-trading-plan/" rel="nofollow" target="_blank">One-Page Trading Plan</a> (free template)</li> <li>Recommended brokers: <ul> <li><a href="https://d2t.link/FPFX" rel="noopener noreferrer nofollow" target="_blank">Pepperstone (get rebates when signing up with our partners)</a></li> <li><a href="https://d2t.link/axitrader" rel="noopener noreferrer nofollow" target="_blank">AxiTrader (use our link to get a special bonus)</a></li> </ul> </li> <li><a href="http://www.desiretotrade.com/join-academy" rel="noopener noreferrer nofollow" target="_blank">Desire To TRADE Academy</a></li> </ul> About The Desire To Trade Podcast <ul> <li><a href="http://www.desiretotrade.com/itunes" rel="nofollow" target="_blank">Subscribe via iTunes</a> (take 2 seconds and leave the podcast a review!)</li> <li><a href="http://app.stitcher.com/browse/feed/73011/details" rel="nofollow" target="_blank">Subscribe via Stitcher</a></li> <li><a href="http://tunein.com/radio/Desire-To-Trade-Podcast-p840645/" rel="nofollow" target="_blank">Subscribe via TuneIn</a></li> <li><a href="https://goo.gl/app/playmusic?ibi=com.google.PlayMusic&amp;isi=691797987&amp;ius=googleplaymusic&amp;link=https://play.google.com/music/m/Iagw4asbmnw7eenxkujq2bie2u4?t%3DDesire_To_Trade_Podcast_%257C_Trading_Tips_%2526_Interviews_with_Successful_Traders" rel="nofollow" target="_blank"> Subscribe via Google Play</a></li> <li><a href="https://www.youtube.com/playlist?list=PLwmpbNUnTt6gL4jdULaMVuMi24O8KPZqw" rel="nofollow" target="_blank"> See all podcast episodes</a></li> </ul> How To Find Ernest Chan? <ul> <li><a href="https://www.epchan.com/" rel="noopener noreferrer nofollow" target="_blank">E.P. Chan Website</a></li> <li><a href="https://www.predictnow.ai/" rel="noopener noreferrer nofollow" target="_blank">Prediction Now AI Website</a></li> </ul> What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the <a href="http://www.desiretotrade.com/group/" rel="noopener nofollow" target="_blank">Facebook group</a>!

261 AI For Trading Forex (What You Can & Can't Do!) - Ernest Chan

My guest in this episode is Dr. Ernest Chan, founder of QTS Capital Management. Investor, researcher, and educator, Ernie is well-known for his blog – which he has been publishing since 2006 – as well as the several books he has authored, including Quantitative Trading, Algorithmic Trading, and Machine Trading. Our conversation meets at the intersection of tail risk hedging and machine learning. Ernie has a long history with machine learning, having first applied it on Wall Street in the late 1990s. After striking out on his own in 2006, he abandoned it due to the overfitting issues he believed it suffered. In recent years, however, Ernie has re-adopted machine learning, believing that modern approaches help circumvent the overfitting problems and create robust, reliable models. Specifically, Ernie applies machine learning as a risk-management layer on QTS’s Tail Reaper program, an intraday trend-following model designed to profit in periods of crisis. We discuss why such a program can be effective as a tail hedge and how the risk management layer can potentially help reduce the premium bleed typically associated with tail programs. For listeners keen on understanding modern applications of machine learning, this is not one to miss.

My guest in this episode is Dr. Ernest Chan, founder of QTS Capital Management. Investor, researcher, and educator, Ernie is well-known for his blog – which he has been publishing since 2006 – as well as the several books he has authored, including Quantitative Trading, Algorithmic Trading, and Machine Trading. Our conversation meets at the intersection of tail risk hedging and machine learning. Ernie has a long history with machine learning, having first applied it on Wall Street in the late 1990s. After striking out on his own in 2006, he abandoned it due to the overfitting issues he believed it suffered. In recent years, however, Ernie has re-adopted machine learning, believing that modern approaches help circumvent the overfitting problems and create robust, reliable models. Specifically, Ernie applies machine learning as a risk-management layer on QTS’s Tail Reaper program, an intraday trend-following model designed to profit in periods of crisis. We discuss why such a program can be effective as a tail hedge and how the risk management layer can potentially help reduce the premium bleed typically associated with tail programs. For listeners keen on understanding modern applications of machine learning, this is not one to miss.

Dr. Ernest Chan - Tail Reaper (S3E5)

In today’s episode, Nell Sloane speaks with Ernest Chan, CIO of QTS Capital Management. Ernest discusses the two polar opposite products his company has produced, Tail Reaper and VIX Timer strategies, and how they can be used in the markets. In this episode, you will learn: How Tail Reaper and VIX Timer came to fruition … Continue reading CTA Products: Tail Reaper and VIX Timer —  With Ernest Chan →

In today’s episode, Nell Sloane speaks with Ernest Chan, CIO of QTS Capital Management. Ernest discusses the two polar opposite products his company has produced, Tail Reaper and VIX Timer strategies, and how they can be used in the markets. In this episode, you will learn: How Tail Reaper and VIX Timer came to fruition … <a href="https://managedfuturespodcast.blubrry.net/2019/10/30/cta-products-tail-reaper-and-vix-timer-with-ernest-chan/" rel="nofollow" target="_blank">Continue reading CTA Products: Tail Reaper and VIX Timer — With Ernest Chan →</a>