So I decided to do something about it.
Like a lot of other investors, I first became hooked on stock investing after reading The Intelligent Investor by Ben Graham. I was especially drawn to how Graham applied scientific rigor to stock analysis. I wanted to learn more. I started reading all I could about quantitative analysis. It wasn't long before I stumbled across factor-based investing. If I was going to actively invest, that's how I wanted to do it.
I knew I had a lot to learn if I wanted to become a quant. After finishing my Masters, teaching myself computer programming, and passing all three CFA exams, I thought I was ready. I wasn't.
The first big problem is getting access to good data. Quality stock data is only available to institutional investors with deep pockets. The free or cheap stuff is incomplete and disorganized across the web. Traditional stock screens aren't a practical solution for quants either. They don't provide a way to rank stocks by percentiles across multiple factors (arguably the most common quant strategy).
What's more, even with the right data and skills in hand, it's incredibly time-consuming to setup all your systems. You'll likely need to architect a database, connect a few APIs, program some statistical software, and design your algorithms. All that assumes you already know the exact investment strategy you want to implement. Add on quantitative research and backtesting and it's no wonder that individual investors stay out of the quant game.
So, in 2018, I decided to turn my side project into something that could benefit other individual investors. I founded TinyTrader on the belief that quantitative investing shouldn't be limited solely to institutional funds with their teams of PhDs and expensive data sets. I wanted to give do-it-yourself investors the high-end tools and resources to compete in a stock market that was increasingly played by computers and algorithms.
I believe quantitative investing should be accessible to everyone. Since founding TinyTrader, I've invested a lot of effort in providing everyday investors with access to quantitative stock analysis that is otherwise difficult or costly to find.
The "Tiny" in TinyTrader is, after all, a nod to individual investors who often have the deck stacked against them when it comes to competing against professional money managers. I created this investment site to democratize quantitative investing and empower the underdogs.
Consider the playing field leveled.