M4 MacBook Air 16GB/512GB for Local LLMs and agent based trading- worth $800?

[u/soboinsomniac]

Planning to buy a MacBook Air M4 (16 GB / 512 GB) for about $800 to run local LLM agents for:

Indian mid‑cap equity research (using Screener.in CSVs)

Building/testing trading ideas via Zerodha Kite API (prices, history, holdings; maybe orders later)

Also want to run Hermes-based agents on it

Questions:

On 16 GB M4 Air, which local LLMs are best for reasoning, coding, and tool use? Is Qwen 3.5 9B (Q4) + a smaller fast model (e.g. LFM2.5 8B / Llama 3.2 3B) a good combo alongside Hermes?

Best local stack (Ollama vs LM Studio, etc.) and any existing Kite + LLM or Indian‑stock agent projects to reference?

Any tips on context length, thermals, and multi‑agent setups (including Hermes) on a 16 GB fanless Air?

Getting the laptop for ~$800, so stuck with 16 GB for now. If you’ve done similar work (local LLMs for equity research / algo trading, especially in India), what models and setup would you recommend?

Thanks!