Comparing SAC/Point 72 with RenTech or Bridgewater is a joke. SAC is/was run by stupid goons (I know a couple of them, they’re dumb). Bridgewater and RenTech e

Comparing SAC/Point 72 with RenTech or Bridgewater is a joke. SAC is/was run by stupid goons (I know a couple of them, they’re dumb). Bridgewater and RenTech employ top down systematic quantitative strategies (I also know a couple of them, they’re quite smart) that consistently generate alpha. It’s easy to discredit people/industries that you are not familiar with. But I work in it, and awhile a lot of hedge funds are full of shit, there are a few that are the real deal. You can systematically outperform the market year over year, and just because you might be more familiar with SV than Wall St doesn’t mean we are a bunch of crooks. I work day in, day out, trying to make money for our funds investors. And honestly, I find it extremely insulting that you are calling all of us a bunch of criminals. Edit: I’m sorry I sounded s little hostile, but I take pride in my work and believe I am helping the world. I think a lot of HNers are unfamiliar with the tech people on Wall St. And that’s okay, but we are just like you: trying to make money for the firm using technology and quantitative reasoning. The same kind of work you might do at FAANG, we do on Wall St.