wow I was prototyping this myself and I'm glad someone else built it instead so I don't have to!
Does this hook up to Alpaca or something to let me buy and ease in and out in increments
Launch HN: Enombic (YC S20) – Create your own stock indexes
141–150 of 212 posts
Re: Launch HN: Enombic (YC S20) – Create your own stock indexes
#142Earlier quoted context omitted.
Are you aware of the S&P 500 ESG index?
There are various "ethical" indexes, but pretty much none of them exclude google or facebook (which would be at the top of my cut-list). I want to do my own individual research on each company, and come to my own conclusions.
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Re: Launch HN: Enombic (YC S20) – Create your own stock indexes
#143Oh man, this is actually exactly something I want. I want to invest in the s&p 500, like an index etf, but I want to filter out companies which I don't agree with ethically. I also want to look at my custom index's performance historically so I can see how well it tracks the overall market. It is extremely hard to actually do this. There's a plethora of hurdles in the way - you need to get data (I bought some histori…
There is a product that already does this https://passiv.com
I think M1 Finance is also very similar.
https://www.m1finance.com/
Re: Launch HN: Enombic (YC S20) – Create your own stock indexes
#144This is great, and would love a beta invite. I run https://101.finance and share my entire portfolio for free. Have 300+ people using it and need a better way for it to scale. Currently share it through M1 but everyone has to manually update it so I can really update it only 1-2 times a year.
Re: Launch HN: Enombic (YC S20) – Create your own stock indexes
#145Rebranding stock picking as "index construction" is really quite disingenuous. I guess you're encouraging somewhat diversified stock picking, but honestly I'm dubious this is a 'good' idea for expected outcomes.
What's the difference?
answer: nothing. Passive investing doesn't exist. Everything is active
Re: Launch HN: Enombic (YC S20) – Create your own stock indexes
#146Very awesome work guys. A lot cool things could be done wrt to portfolio optimization. Not sure if you have this already, but being able to specify optimizers (BL model, min variance, EF, risk parity, etc) would be super cool. Like support stuff from https://pyportfolioopt.readthedocs.io/en/latest/
Also classic academic portfolios would be interesting as well, like a betting against beta or a multi factor portfolio.
So much you could do with it really. I've always been of the opinion that finance has failed retail investors, both mutual fund (closet indexers) and the backlash which has resulted with many people only holding a market portfolio, or maybe a (terrible imo) 60/40 portfolio.
Re: Launch HN: Enombic (YC S20) – Create your own stock indexes
#147Hi! Visit mу pаgе in the Sеx Club --> https://oo.lc/kERN2
Re: Launch HN: Enombic (YC S20) – Create your own stock indexes
#148This is a really really powerful concept – are you hiring?
Thanks! We are. :) Looking in particular for a strong backend engineer. Tech stack is python, aiohttp, redis, postgres (& timescaledb), k8s, terraform, aws (react, nextjs, swr on the frontend). Know anyone?
I'm interested in learning more
Re: Launch HN: Enombic (YC S20) – Create your own stock indexes
#149Earlier quoted context omitted.
Hey, thanks for checking us out. We want to get the UX right first with our existing feature set, and then consider expanding to more advanced things such as derivatives or options. We'll keep your request in mind! Also agree, re: API tooling. We'd love to find folks who want to write code against our API. Is that something you'd use?
> API tooling. We'd love to find folks who want to write code against our API. Is that something you'd use? That's definitely what I'm thinking. There are so many tools out there to visualize strategies, profit/loss, scanners for various properties like IV, open interest, volume, etc in the case of options. But very few platforms go to the next level and provide good APIs to manipulate. It would be extremely impressi…
Alpaca does a decent job on the API front https://alpaca.markets/
Re: Launch HN: Enombic (YC S20) – Create your own stock indexes
#150Earlier quoted context omitted.
> API tooling. We'd love to find folks who want to write code against our API. Is that something you'd use? That's definitely what I'm thinking. There are so many tools out there to visualize strategies, profit/loss, scanners for various properties like IV, open interest, volume, etc in the case of options. But very few platforms go to the next level and provide good APIs to manipulate. It would be extremely impressi…
Alpaca does a decent job on the API front https://alpaca.markets/
Alpaca was top of mind in the smaller group after IB :) They seem really neat!