My boss has just handed this to me to understand: " The nature of the strategy, with ex-post Sharpe ratios above 100%, makes the observed returns broadly uncorrelated with the typical asset classes, making of the spread mean-reversion strategy a typical Alpha generator. Unfortunately the general instability of butterfly weights makes the appeal of these trades quite limited, relying on the use of a specific ex-ante Sharpe ratio that quantifies the ex-ante attractiveness of a set of residuals, and on correlation constraints'. He Bhagwan mujhe utha le!!
My boss just handed me some documents for "Procedures to restart Queues for Live Environment of A/S 400 & Linux MQ servers These checks have to be done before 9 am UK time" He bhagwaan mere boss ko utha le.
This is what I get from my Prof.: " Dennis, tumne jo kaam is semester kiya, woh poora galat hai. Tumne mera time aur doorsoon ka time waste kiya hai. Saath mein tumne IIT ke computer ko busy karke Lakhon Rupai ka computer time waste kiya hai." Hai Bhagwan mere Prof ko utha lo!