Antigravity Investments does not do trading or money-management in the sense of actively managing portfolios.
My heuristic applies to money-management in the sense of managing money, or, more precisely, having control of others’ investments. I agree that the strength of the heuristic varies by project, but I think it applies pretty broadly.
Relatedly, you may wish to update your website. You currently advertise Long-Term Active Investing as one of three services.
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Thanks for noting why one might override the heuristic I mentioned. Congratulations on setting up a legal entity and registering with the SEC. However, my impression is that the qualifications required to register are pretty basic. e.g. it took me <2 weeks of preparation to pass 3 regulatory exams in the UK when I started working in finance. I already believe you to be smart, and of course Antigravity isn’t fraudulent, so passing the low hurdles the SEC requires doesn’t seem like much of an update. You might want to be careful with using this as evidence: non-finance people might not understand what it means.
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Thanks for clarifying your previous statements. Given the private nature of 2017 discussions, I probably can’t comment on your representation of previous feedback.
Thank you, also, for the offer to spend more time on Antigravity. As mentioned by chat, I’m going to focus on other things. If you believe your comparative advantage to be money-management, my recommendation would be to work at a top firm for a couple of years, focusing first on learning all the best practices and tacit knowledge and second on building respect in the industry, then to consider starting your own firm. As an aside, I would be more excited about this as an earning to give strategy than as an EA-specific company, though I think the advice applies similarly either way.
I agree with your heuristic in the sense that prior experience increases the probability of success, but not in the sense that it’s necessary for success.
“Long-Term Active Investing” refers to systematic asset allocation approaches designed by experts that are active in the sense of more frequent trading rather than human decision making.
My main point was to emphasize that because Antigravity Investments is already operating and producing real world outcomes, those operations and outcomes should have majority weight in evaluating this project. I agree that FINRA licensing exams are fundamental competency tests rather than measures of skill, and should be weighted accordingly. In talking with evaluators of this project, I speak almost exclusively about actual impact and progress rather than FINRA licensing or prior experience I had before starting Antigravity Investments.
Information about our actual impact and progress is currently not public knowledge. We’re on course to drive tens to hundreds of thousands of dollars to effective charities in 2019, and I think this can be increased substantially since the scope of our operations is very limited. I think this project can drive more to charity than E2G in my near-term future, which is why I’ve prioritized this project above earning to give.
My heuristic applies to money-management in the sense of managing money, or, more precisely, having control of others’ investments. I agree that the strength of the heuristic varies by project, but I think it applies pretty broadly.
Relatedly, you may wish to update your website. You currently advertise Long-Term Active Investing as one of three services.
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Thanks for noting why one might override the heuristic I mentioned. Congratulations on setting up a legal entity and registering with the SEC. However, my impression is that the qualifications required to register are pretty basic. e.g. it took me <2 weeks of preparation to pass 3 regulatory exams in the UK when I started working in finance. I already believe you to be smart, and of course Antigravity isn’t fraudulent, so passing the low hurdles the SEC requires doesn’t seem like much of an update. You might want to be careful with using this as evidence: non-finance people might not understand what it means.
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Thanks for clarifying your previous statements. Given the private nature of 2017 discussions, I probably can’t comment on your representation of previous feedback.
Thank you, also, for the offer to spend more time on Antigravity. As mentioned by chat, I’m going to focus on other things. If you believe your comparative advantage to be money-management, my recommendation would be to work at a top firm for a couple of years, focusing first on learning all the best practices and tacit knowledge and second on building respect in the industry, then to consider starting your own firm. As an aside, I would be more excited about this as an earning to give strategy than as an EA-specific company, though I think the advice applies similarly either way.
I agree with your heuristic in the sense that prior experience increases the probability of success, but not in the sense that it’s necessary for success.
“Long-Term Active Investing” refers to systematic asset allocation approaches designed by experts that are active in the sense of more frequent trading rather than human decision making.
My main point was to emphasize that because Antigravity Investments is already operating and producing real world outcomes, those operations and outcomes should have majority weight in evaluating this project. I agree that FINRA licensing exams are fundamental competency tests rather than measures of skill, and should be weighted accordingly. In talking with evaluators of this project, I speak almost exclusively about actual impact and progress rather than FINRA licensing or prior experience I had before starting Antigravity Investments.
Information about our actual impact and progress is currently not public knowledge. We’re on course to drive tens to hundreds of thousands of dollars to effective charities in 2019, and I think this can be increased substantially since the scope of our operations is very limited. I think this project can drive more to charity than E2G in my near-term future, which is why I’ve prioritized this project above earning to give.