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I have a much more simpler (not based on any evidence) theory which kind of explains the founders' alignment with Russian interests. Most of medaillon's return
by cynusx 7y ago
I have a much more simpler (not based on any evidence) theory which kind of explains the founders' alignment with Russian interests.
Most of medaillon's returns are made with insider trading from hacking. The data science part is just come up with explanations that are complex enough and not easily disproven (e.g. find a correlating variable and explain that you had a magic algo that derived prediction from that correlating variable after the fact).
It's a perfect crime, but you would need to setup crazy incentive structures for all the team members and their immediate family to keep it secret... and that's what they are doing.
I would guess they used Russian hackers for the job, given that the fund is heavily funding Russian political interests in western countries.
I would recommend the SEC to dive really deep with appropriate expertise into this magic fund and double-check this simple theory of mine. Just for national security reasons alone.
(note again: this is a conspiracy theory and not evidence or fact-based)
- anonu 7y agoI think the SEC and finra have probably poured over the surveillance data for countless hours. They would have found something. Also they trade 1000s of stocks. So the insider trading theory would not hold up.
- tehlike 7y agoKeeping something like this secret is... Hard.
- SirLJ 7y agoNSA will know about this in a heartbeat