Hey there! I'm Shanif - a young professional with a background in technology and a passion for investing and trading. I've been developing software since 1997 and have been trading options profitably since 2008.
I have a BS in Computer Science and Systems & Information Engineering, and recently earned my MBA, focusing on Quantitative Finance and Entrepreneurship. These days, I focus on generating high returns with options trading and building up a successful mobile software business.
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Review Of “Against The Gods: The Remarkable Story Of Risk”
I just finished reading a book by Peter Bernstein titled “Against The Gods.” It was recommended to me by a friend I met at Stern – one who is as interested in the investing world as I am. He said it would be a good read, something relevant to anyone looking to get into the hedge fund industry, and since I’ve recently gotten back into reading, I thought I’d give it a shot. Unlike the last book I read, though, this one was a bit dryer and it took a much longer time to get through.
The book takes a historical look at the development of mathematics, and more specifically, the branches of math that led up to the development of modern day portfolio theory. Note that I said it focuses on a historical look at the math, not on the math itself. This was a key detail that I didn’t realize when I first picked up the book.
Bernstein focuses primarily on detailing the individual mathematicians that developed the theories that led up to those in use today. He starts out by detailing the Hindu-Arabic numerical system and its massive benefits over the Roman numeral system due to the inclusion of zero. He then proceeds to work his way chronologically through the various discoveries of the Greeks (basic probability theory), men of the Italian Renaissance (formalized probability theory), the Age of Enlightenment (statistics, regression to the mean, the normal curve, sampling), the early-to-mid 20th century (game theory), ending with the theories of modern day economics and finance (CAPM, Prospect Theory, incomplete rationality).
At each stage, Bernstein outlines each individual’s contribution to mathematics, and he does touch on the basic practical applications of each man’s breakthroughs, but he fails to truly describe the intricate details of the subjects he discusses. This is probably a beneficial thing for a majority of the readers out there, myself included. I did not want to get bogged down in mathematical proofs or endless equations. However, I would have been interested in learning more about what the actual theories were and how they were applied, rather than taking a chronological journey through the development of probability and statistics.
For me, I wasn’t as interested in the history of things as I was the application.View comments →
Founded an investment club focused on generating consistent, periodic income by using the aid of custom-developed analytic methodologies and computer programs to trade options
• Generated an average annualized return of 40%
• Coordinated the research and analysis efforts for myself and two partners
• Developed and automated several quantitative analysis algorithms that assist in the investment process by providing rankings of publicly traded companies based on financial fundamentals, listings of stocks with the highest options premiums, and predictions of stock movement based on trending and momentum criteria. Created the algorithms using the fundamental principles of weighted trade studies and later automated them using Ruby on Rails
• Created a website that enables the publication of investment articles and provides access to the aforementioned automated algorithms, a portfolio management tool, and educational resources
• Performed market research on publicly traded companies, focusing on industry standing, historical performance, competitive advantage, and future prospects
• Managed legal, financial, accounting, logistics, long-term strategy, and investment objectives
Software developer and member of founding teamoGolf
Member of the management team on an early stage startup that developed technology to provide data analytics and game management software for golfers.
• Created a website allowing golfers to review a comprehensive set of analytics about their game
• Developed financial projections and investor presentations, presented the new business and software at conferences, pitched to potential investors, and demoed the product to customers
• Developed strategy and marketing plans for growing the business
• Recruited new talent to assist with software development, marketing, and operations
AssociateBooz Allen Hamilton
Provided information and communications management solutions to public and private organizations as an IT consultant at a large, multi-national consulting organization.
• Managed timelines, resources, and a staff of up to 10 software developers and testers in the technical implementation of a project management application that allowed over 4,500 users on 500 projects to easily collaborate on key deliverables, organize project schedules, review budgets, and create financial projections. Coordinated the efforts of staff from multiple departments across the firm to implement a new development process that reduced the number of hours needed to create and test new software by more than 50%, eliminated the need for overtime work, and ensured the timely delivery of new functionality. Received a performance award for ensuring product quality, meeting deadlines, and effectively managing personnel
• Led and managed the technical implementation, logistics, timelines, and activities of myself and two other developers in the delivery of a web-based traffic simulation engine that provided a testbed for industry-specific application developers to test their proprietary algorithms. Received a performance award for “leading the team and ensuring critical deadlines were achieved without sacrificing quality.”
• Assisted in domain administration for a server farm consisting of SharePoint front-end web servers, Microsoft SQL Servers, domain controllers, and a SAN
• Lead developer for a Ruby on Rails and Flex-based application designed to automate the deployment of SOA-based military service offerings. Implemented a RESTful methodology for saving and delivering data to a Flex front end
• Participated in university recruiting and interview efforts for the firm. Provided recommendations that led to the hiring of approximately one-quarter of the total staff on sub-team, as well as the hiring of approximately 30 junior staff straight from college
• Progressively increased managerial responsibilities over the course of two promotions in three years
Software DeveloperWamily, LLC
Member of the management team on an early stage startup that developed web-based group communication, management, and coordination software.
• Worked with a team of web developers to create an Internet business centered on a website that would allow its users to easily manage and interact with their real-life groups in an online setting
• Developed widgets for communication and collaboration, permission models and security implementations, and user interfaces for site features
• Assisted in recruiting 500 alpha users and raising $20,000 in angel investments
• Participated in board meetings to determine long-term strategies
Intern Research AssistantBooz Allen Hamilton
Provided research and development support as a technology intern to a large, multi-national consulting firm.
• Provided a fully functional, database-backed web application for use by overseas military personnel in a shortened timeframe of 3 weeks as part of a 3-person development team
• Created a collaboration site that provided Navy leadership with near-real time critical information to streamline the decision making process in the Navy Gulf Coast Region in the aftermath of Hurricane Katrina
• Designed and created several web part solutions using APIs from Active Directory, Microsoft MapPoint, Microsoft PowerPoint, and Microsoft SharePoint
• Created a Macromedia flash proof-of-concept dashboard for a status reporting application integrated with SharePoint
Researcher and Lead DeveloperUniversity of Virginia
Developed software, created algorithms, and analyzed information management processes that would optimize the battery life on micro-sensor hardware devices as part of a university thesis project.
• Coordinated the efforts of a five-member team focused on developing an approach to optimize the use of resources on wireless sensor networks
• Designed, implemented, and maintained a simulation engine capable of simulating enemy solider movement and sensor network functionality in customized, loadable, user-defined scenarios. The application was written in C#, supported XML-based loadable scenario files, and utilized various optimization algorithms (such as Dijkstra’s algorithm and A*). The simulation engine provided users with an intuitive graphical user interface for simulation control as well as the ability to view and report on simulation progress
• Performed statistical and quantitative analysis on results to determine optimal resource allocation policy for the tested scenarios
• Lead author and presenter of a paper at the IEEE Systems and Information Engineering Design Symposium describing results
Researcher and DeveloperPersonal and Academic Projects
Developed a variety of software for a myriad of purposes on several different platforms and programming languages.
• Developed and tested a C# desktop weight management application using Access as the database backend, and later migrated it to the Internet using PHP and MySQL
• Lead developer on a team that created, documented, and tested robot control and communication software for the Evolution ER1 robot. The software allowed users to remotely control the robot by way of a specially created communications protocol
• Developed a prototype for an interactive Macromedia Flash map that retrieves external data and allows users to easily view them in a geographically organized format
• Created a discrete event queuing model simulation of a dining facility located on campus using Rockwell Arena, based on data gathered and interpreted by the project group
• Created a prototype Peer-to-Peer application based on the Gnutella search and communication protocol in Microsoft Visual Studio .NET using C# and TCP/IP socket programming
Branch ManagerCollege Works Painting
Participated in an internship designed to hone and cultivate the entrepreneurial skills of college students by allowing them to run their own local branch of a large, nationwide business.
• Operated a local house painting business, which generated over $15,000 worth of gross revenue in contracts with 25+ clients
• Responsible for sales, payroll, recruitment, operations, customer relations, and marketing
VolunteerAmerican Red Cross
Volunteered as a member of the executive management board of the youth community service organization of the Washington, D.C. chapter of the American Red Cross.
• Served as president (2001-2002), vice president (2000-2001), and member of a local youth community service organization as part of the National Capital Chapter of the American Red Cross
• Managed and coordinated the execution of various community service projects and their logistics, including fund-raising, logistics, marketing, and management of personnel
• Served as one of five United States youth representatives to the international Youth Exchange in 2000
• Received various formal volunteer recognitions
• Gained skills in leading multi-person projects, effective communication, and time management
Master of Business AdministrationNYU Stern School of Business
Completed two years of a rigorous MBA program at a top business school, focusing on acquiring the skills required to improve my trading activities and start a new business.
• Graduated with specializations in Quantitative Finance and Entrepreneurship and Innovation
• First Year Activities: Associate Vice President of Technology for the Stern Hedge Fund Association and Associate Vice President of Communications for the Entrepreneurs Exchange Club
• Member of the Technology and New Media Group and the Association for Investment Management and Research
• Completed one course on Doing Business in China at the Guanghua School of Management at Peking University
• Studied abroad at Bocconi University in Milan, Italy
Bachelor of ScienceUniversity of Virginia
Completed four years of study in the engineering school, focusing on acquiring software development, statistical analysis, modeling, simulation, and data analytic skills.
• Received a Bachelor of Science in Computer Science and double majored in Systems and Information Engineering
• Received a minor in Math
• Part of a team-oriented effort to improve resource usage in sensor networks. Main author of a paper published at the IEEE Systems and Information Engineering Design Symposium
• Graduated with distinction
• Achieved Dean's List in 3 different semesters
- Name: Shanif Dhanani
- Address: New York, NY, USA
- E-mail: email@example.com
- Phone: 703.477.1438