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Big companies aren't looking for underpriced geniuses. Standardized hiring is like index funds, many argue they can get better results by hand picking stocks bu
by username90 6y ago
Big companies aren't looking for underpriced geniuses. Standardized hiring is like index funds, many argue they can get better results by hand picking stocks but index funds still tend to outperform managed investing unless you are really really good at it. In a big company the people doing the hiring will be mediocre at it, so you need a process they wont screw up.