Justina Lee
@justinaknope
I write about the nerdy stuff (ie quant) in markets for @business. And sometimes crypto. Opinions my own.
DM me your email if you wanna subscribe! 0.01% of it is what I’m watching and reading and 1% is promotion of a story I just wrote. Rest are links.
I get @justinaknope's weekly quant newsletter and i have a tab where i open all the stuff I want to read that she links to and despite spending a solid hour or so every day triaging tabs it still grows every week. If you like keeping up with new research I highly recommend it.
Remember how ETFs can rebalance without ever incurring capital-gains tax? So what if you seed ETFs with appreciated stocks? My story today on the latest idea from Wall Street's booming tax-alpha complex: bloomberg.com/news/features/…
Lol love that everyone's looking up Maria Egee, sister of Amanda Anisimova, who just amazingly beat Sabalenka at Wimbledon Between her and Emma Shelton it's been a great week of tennis siblings who work in finance
Man Group's quant-equity unit says it's starting to use agentic AI to build its alpha signals, from generating ideas to backtesting them bloomberg.com/news/articles/…
Our story this week: Equity quants continued their comeback this year thanks to wider stock dispersion. Trend followers, not so much. (of course there's a table!) bloomberg.com/news/articles/…
"The Elastic Markets Hypothesis" new paper w Felix Gerding. Using country index additions/subtractions, we find multipliers (of flows on stock market prices) are not as high or permanent as recent lit. Stock market demand may be inelastic in short-run but is elastic in long-run🧵
Yes, trend followers have had a crappy 2025, but spare some thoughts and prayers for the alt trend CTAs My piece this week on their drawdown and whether it suggests those once-niche markets (eggs! cheese! electricity!) just aren't that niche any more: bloomberg.com/news/articles/…
Once a skeptic, AQR is betting big on machine learning I wrote about their new ML strategies and Bryan Kelly's contentious "Virtue of Complexity" paper bloomberg.com/news/articles/…
My Big Take with @annairrera today: Your HFT 'Flash Boys' aren't quite so secretive any more as they start building one-on-one trading connections with asset managers bloomberg.com/news/features/…
To retaliate Trump should rename all French champagne imports “sparkling wines” and all American sparkling wines “champagnes”
