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Perhaps these newer hedge funds just want to give off the perception that they know what they’re doing — I’m more sure about a company like RenTech since they h
by QML 9y ago
Perhaps these newer hedge funds just want to give off the perception that they know what they’re doing — I’m more sure about a company like RenTech since they have been through a recession and market crash, and has still come up net positive. So how much of this is simply the market rising; how much of this is due to chance? If we can remove these confounding factors then we could maybe actually evaluate the efficiency of ML-based hedge funds (or regular ones).
- ben_jones 9y ago"That's my quant". [1]: https://www.youtube.com/watch?v=FoYC_8cutb0 https://www.youtube.com/watch?v=FoYC_8cutb0
- hendzen 9y agoMany quant funds are market neutral. For every dollar long they have a dollar short. Such funds aren’t necessarily benefiting from an upward rise in the market.