I Quant My Money Back!

Dec. 06, 2022 7:30 AM ETAMZN, COIN, GME, GOOG, GOOGL, META, PTON68 Comments
Steven Cress profile picture
Steven Cress
21.67K Followers

Summary

  • In the wake of free guidance, crypto scams, and celebrity ad campaigns, investors have lost billions due to bad advice on crypto exchanges, the meme craze, or just plain FOMO.
  • Beware of investment advice on Reddit, FinTwits, or from celebrities, barbers, bartenders, family, or friends on where to find the next great opportunity.
  • Market volatility, FTX, and crypto scandals in 2022 have driven investors to want greater guards on their money.
  • This article aims to identify how a quant or data-driven process can help investors steer clear of poor investment advice. Quantitative analysis can help you understand why some stocks have strong investment fundamentals and why others have poor financial characteristics.
  • Quant Investing, aka Factor Investing, is a data-driven approach that removes emotion from investing.  By employing a data-driven process and segregating winners from losers, SA’s Quant Rating System provides powerful signals and alerts, helping investors minimize risk and maximize returns.

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2022 Losses: I Want My Money Back

For a relatively new asset class, Bitcoin has been providing amazing returns since 2015. Instant wealth creation occurred pre and post-pandemic. Many individuals made millions riding the crypto wave. Unfortunately, this incredible performance was followed by a 2021

This article was written by

Steven Cress profile picture
21.67K Followers
Head of Quantitative Strategies at Seeking Alpha. Data analysis and interpretation have taken center stage in my career. For my purpose, the interpretation of data is the process of making sense of statistics that have been collected, analyzed, and scored. This skill-set has served as a solid foundation for me to identify trends and make transparent predictions in the course of money management. It has also allowed me to develop user-friendly web-based tools that furnish individuals with the indicators and signals to instantly interpret the strength or weakness of a company's value. Importantly, this expertise has helped me build Wall Street trading desks, launch international hedge funds, and construct a SaaS FinTech investment research company. Prior to my role at Seeking Alpha as the Head of Quantitative Strategies, I founded a Hedge fund and Asset Management company (Cress Capital Management), I was the Head of International Business Development at Northern Trust, and the majority of my career was at Morgan Stanley running a proprietary trading desk.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

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