It’s very easy to argue rhetorically that it’s all luck, but the point does not stand up to any kind of rigour at all. Even if you make extremely conservative e

It’s very easy to argue rhetorically that it’s all luck, but the point does not stand up to any kind of rigour at all. Even if you make extremely conservative estimates, just one of the top funds is microscopically unlikely to arise via chance, let alone the multitude that do. Renaissance Technologies alone cannot be explained as random.