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Vlad Novakovski: Ken Griffin Already Arbitraged My Trading Strategy

BanklessJuly 28, 202662 views41:36

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Vlad Novakovski was trading out of his Harvard dorm room, chasing strategies like his heroes Ken Griffin and Jim Simons.⁣ ⁣ He actually found some that backtested well.⁣ ⁣ Then Ken told him the truth: “These strategies aren’t as good as they used to work… because I’m arbitraging them away.”⁣ ⁣ Turns out Vlad found the exact same edge Ken found — just five or six years too late.⁣ ⁣ “In real trading, it was close to zero.” 🎬

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