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> it's that you can't distinguish them from lucky winners. Jim Simmons doesn't agree, see Renaissance Technologies as an example. And time would week out lucky

> it's that you can't distinguish them from lucky winners. Jim Simmons doesn't agree, see Renaissance Technologies as an example. And time would week out lucky winners; luck isn't consistent over long time periods and this is just one example.

ahupp 10y ago
The RenTech Medallion fund is owned entirely by fund employees. It's not accessible to people who are not able to contribute to its success.
- gnaritas 10y ago
  True, but not relevant to whether the market is or isn't random, which is the topic.