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No, it would be terrifying that trillions of dollars are run by programmers. If the hedge fund guy says that Excel is fine, then Excel is fine.

• umitanuki 8y ago
  Principal number one; don’t overcomplicate yourself. Keep it simple, stupid
• mruts 8y ago
  Well considering their terrible returns net of fees and the massive outflows into passive, I think it's about time the industry did some soul-searching.