Thinking there are straightforward, simple algorithmic strategies to beat the market requires one to also believe that the billions of dollars behind large investments for some reason doesn’t care about using these same strategies to make money.
“They have different goals”, I hear. Literally nobody’s investment strategy involves passing up above-average returns for low risk.
alt Hacker News
Thinking there are straightforward, simple algorithmic strategies to beat the market requires one to also believe that the billions of dollars behind large investments for some reason doesn’t care about using these same strategies to make money.
“They have different goals”, I hear. Literally nobody’s investment strategy involves passing up above-average returns for low risk.