Skip to main content

Interview with Michael Bigger, trader & author



Trader and author/blogger, Michael Bigger of Bigger Capital offers his thoughts on "trading recipes" and collaborative communities in this interview for The Trading Elite website.

Having read some of Michael's posts and thoughts on algorithmic trading and self-publishing, I was interested to hear more about his entrepreneurial trading efforts and building creative collaboration networks.

Here are some key takeaways from the discussion:

  • Michael talks about getting started in algorithmic trading. Start young, build a simple framework and improve it as you go over time. Start learning & experimenting as early as possible.
  • Develop some "trading recipes" with your algo experiments. You can learn more over time and try to scale your best trading ideas.
  • There are creative people who can help you develop programs and teach you more about trading. Michael wants to use the power of the internet to reach out to people and build collaborative trading communities.
  • Technology available to individuals now in many ways surpasses what Bigger had while trading billions at a large bank 10 years ago.
  • Wealth in finance will flow increasingly flow to those who are able to interpret info better than others. Filtering info and connecting important ideas & concepts is key for the future.
  • There is this pool of talented individuals who remain untouched by the teachings, dogma of elite schools. These are the people you want to reach out to and collaborate with.
  • Blogging, writing ideas down, and communicating with other traders and programmers via Twitter and social media is essential. You never know who you will meet or what will come out of it.
  • Hard work and long hours are key to Bigger's success, but he views this as worthwhile and just a part of something he loves to do.
Definitely a worthwhile chat. Check out the full interview, I think you'll enjoy it too.
Labels:

Popular posts from this blog

Seth Klarman: Margin of Safety (pdf)

Welcome, readers! Signup for free email updates at the Finance Trends Newsletter . Update: PDF links removed due to DMCA notice. Please see our extensive Klarman book notes below. New visitors, please check the Finance Trends home page for all new posts. Here's something for anyone who has been trying to get a look at Seth Klarman's now famous, and out of print, 1991 investment book, Margin of Safety .  My knowledge of value investing is pretty much limited to what I've read in Ben Graham's The Intelligent Investor (the book which originally popularized the investment concept of a "Margin of Safety"), so check out the wisdom from Seth Klarman and other investing greats in our related posts below. You can also go straight to Ronald Redfield's Margin of Safety book notes .    Related posts: 1. Seth Klarman interviews and Margin of Safety notes     2. Seth Klarman: Lessons from 2008 3. Investing Lessons from Sir John Templeton 4.
Read more

Moneyball: How the Red Sox Win Championships

Welcome, readers . T o get the first look at brand new posts (like the following piece) and to receive our exclusive email list updates, please subscribe to the Finance Trends Newsletter .   The Boston Red Sox won their fourth World Series title of t he 21st century this we ek. Having won their first Se ries in 86 years back in 200 4, the last decade-plus has marked a very strong return to form for one of baseball's oldest big league clubs. So how did they do it? Quick background: in late 2002, team own er and hedge fund manager, John W. Henry (with his partners ) bought the Boston Red Sox and its historic Fenway Park for a reported sum of $ 695 million. Henry and Co. quickly set out to find their ideal General Manager (GM) to help turn around their newly acquired, ailing ship. This brings us to one of my fav orite scenes from the 2011 film , Moneyball , in which John W. Henry (played by Ar liss Howard) attempts to woo Oakland A's GM Billy Beane (Brad Pi
Read more

William O'Neil Interview: How to Buy Winning Stocks

Investor's B usiness Daily founder and veteran stock trader, William O'Neil share d his trading methods and insights on buying winning stocks in an in-depth IBD radio interview. Here are some highlights from William O'Neil's interview with IBD: William O'Neil's interest in the stock market began when he started working as a young adult.  "I say many times that I didn't get that much out of college. I didn't have much interest in the stock market until I graduated from college. When I got married, I had to look out into the future and get more serious. The investment world had some appeal and that's when I started studying it. I became a stock broker after I got out of the Air Force."    He moved to Los Angeles and started work in a stock broker's office with twenty other guys. When their phone leads from ads didn't pan out, O'Neil would take the leads and drive down to visit the prospective customers in person.
Read more