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They did both get hired by Jane Street, which is not so easy to do to. So they did have the "smarts", it just depends on if this started out as, or became, a m
by EMM_386 4y ago
They did both get hired by Jane Street, which is not so easy to do to.
So they did have the "smarts", it just depends on if this started out as, or became, a massive fraud.
- KMag 4y agoJust a wild guess, but my guess is that they intended to run everything legitimately, but bought into their own hype, and then got trapped by their egos into not admitting defeat. Once honestly admitting defeat was off the table, I'm not sure there were any non-fraudulent options left. I'm not saying the fraud is excusable, but it's entirely understandable how they may have been trapped by their own egos.