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The existence and success of the Millenium fund is a (probabilistic, to be fair) disproof of your assertion.
by jdhwosnhw 2y ago
The existence and success of the Millenium fund is a (probabilistic, to be fair) disproof of your assertion.
- FridgeSeal 2y agoTbf, I’ve had friends in finance describe the Millennium fund (now Medallion fund I think?) as operating in a very, very specific niche of the market. Probably helps that it’s limited to a very select group. Its extraordinary impressive for sure, but I don’t think it is widely applicable or comparable.
- immibis 2y agoOutlying returns can be produced by pure chance, or also by cheating.