All Stories

Why Momentum Works: The Physics of Optimization

Gradient descent is the workhorse of modern machine learning, but vanilla gradient descent often struggles with challenges like saddle points, ravines, and local minima. Momentum-based methods address these limitations through...

Trend Following Strategies: Hidden Protection for Long-Term Investors

Last week I came across a fascinating research paper, “Tail Protection for Long Investors: Trend Convexity at Work” by researchers from Capital Fund Management. As someone who’s weathered multiple market...