https://www.thequant.dev/insightsMarket education, quant methods, and research.https://www.thequant.dev/insights/anatomy-of-a-quant-strategyhttps://www.thequant.dev/insights/anatomy-of-a-quant-strategyeducationEvery quant strategy — however complex — is six explicit parts. We take one real backtest apart, from its economic hypothesis to the fee that outgrew the starting capital, to show how a hunch becomes a rule a machine can test and trade.Sun, 26 Jul 2026 00:00:00 GMThttps://www.thequant.dev/insights/how-much-did-it-makehttps://www.thequant.dev/insights/how-much-did-it-makeeducationEvery strategy is sold with one shiny number — total return. It never tells you how long it took, what you endured, or whether it repeats. Six metrics break "profit" into its parts.Sun, 26 Jul 2026 00:00:00 GMThttps://www.thequant.dev/insights/risk-firsthttps://www.thequant.dev/insights/risk-firsteducationThe discretionary investor asks how much they'll make and finds out the risk when it lands. The quant reverses it — decide the most pain you'll endure first, then build what fits. Here's how to read a full risk dashboard.Sun, 26 Jul 2026 00:00:00 GMThttps://www.thequant.dev/insights/sharpe-sortino-calmarhttps://www.thequant.dev/insights/sharpe-sortino-calmareducationThe return metrics told you what happened. These six risk-adjusted numbers ask the harder question — was it repeatable skill, or luck in a single sample? — and every one has a blind spot.Sun, 26 Jul 2026 00:00:00 GMThttps://www.thequant.dev/insights/six-families-of-quant-strategieshttps://www.thequant.dev/insights/six-families-of-quant-strategieseducation"Algorithmic trading" is not one thing — it's six families, each with a different answer to why the return exists, a real backtest, and a precise environment where it stops working.Sun, 26 Jul 2026 00:00:00 GMThttps://www.thequant.dev/insights/six-ways-a-backtest-lieshttps://www.thequant.dev/insights/six-ways-a-backtest-lieseducationA backtest is a tool of proof and of deception at once. Its six traps don't make bad results — they make beautiful false ones, which is worse, because a bad result is rejected while a beautiful one is believed and funded.Sun, 26 Jul 2026 00:00:00 GMThttps://www.thequant.dev/insights/where-does-excess-return-come-fromhttps://www.thequant.dev/insights/where-does-excess-return-come-fromeducationEvery strategy earns because someone on the other side loses — or accepts less for something else. Name that party and why they stay, or your edge is a coincidence. There are four sources, and each has a half-life.Sun, 26 Jul 2026 00:00:00 GMThttps://www.thequant.dev/insights/where-to-starthttps://www.thequant.dev/insights/where-to-startguidesEverything in the series stays inert until you test your first hypothesis. These four steps are one complete work cycle you can run today — from a written question to a result that holds or fails.Sun, 26 Jul 2026 00:00:00 GMThttps://www.thequant.dev/insights/modern-portfolio-theory-efficient-frontierhttps://www.thequant.dev/insights/modern-portfolio-theory-efficient-frontiereducationA portfolio is not judged by return alone. Modern Portfolio Theory plots every allocation as a point in risk-return space — and the efficient frontier is the edge where you stop leaving return on the table.Sat, 25 Jul 2026 00:00:00 GMThttps://www.thequant.dev/insights/understanding-quantitative-analysishttps://www.thequant.dev/insights/understanding-quantitative-analysiseducationQuantitative analysis is a commitment that every decision is written down in advance — measurable, testable, and reviewable. Here's what that means, and why it beats trading on impression.Fri, 24 Jul 2026 00:00:00 GMT