Daily Shaarli

All links of one day in a single page.

August 30, 2019

One of the World's Oldest Quants Is Going All-In With Robots

Millburn’s new equity fund will use machine learning to decipher signals from exchange-traded funds in order to make long bets on the underlying securities such as members of the S&P 500 and MSCI World.

[1908.10771] Reinforcement Learning: Prediction, Control and Value Function Approximation

RL algorithms and illustrate the definitions of the reward function, actions and policy functions in details, as well as introducing algorithms that could be applied to FTFs

China: A New World Order review – are we conniving with a genocidal dictatorship? | Television & radio | The Guardian
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“There’s a widely held misunderstanding that genocide is the scale of extermination of human beings,” said the former UN human rights envoy Ben Emmerson QC. “That’s not so. The question is: is there an intention to, if you like, wipe off the face of the Earth a distinct group, a nation, a people?” This, Emmerson and Barack Obama’s former CIA director Leon Panetta claimed, is what is happening to the Islamic people of Xinjiang. “This is a calculated social policy designed to eliminate the separate cultural, religious and ethnic identity of the Uighurs,” said Emmerson. “That’s a genocidal policy.”

Are we so in thrall to consumerism, to buying cheap goods made by cheap labour in China, so intimidated by Chinese military and economic might, that we connive with what may well amount to a criminal dictatorship? The Chinese refer to the 19th century, during which the British oppressed them with two opium wars, as the Century of Humiliation. Ours is becoming the Century of Moral Feebleness.