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> Why it’s worth paying attention in math class. Math class does not teach practical knowledge such as personal finance or health. Citadel returns since 1990
by chronic73940581 2y ago
> Why it’s worth paying attention in math class.
Math class does not teach practical knowledge such as personal finance or health.
Citadel returns since 1990 is 38% annual returns before fees to outside investors. They have a 5:50 fee structure. There are hundreds of more firms, staying out of the public eye.
https://www.barrons.com/articles/multistrategy-hedge-funds-podshops-annual-returns-634dd7a4 https://www.barrons.com/articles/multistrategy-hedge-funds-p...
Minimum investment $5M. Sorry but the middle class is not allowed.
- WalterBright 2y agoYou don't need to know anything about finance or health to know how percentages and compounding work. Besides, I knew nothing about construction when I discovered that the contractor I hired to pour a patio was overcharging me by 30%. All it took was a bit of geometry I learned in grade school. Pay no attention to math in school and you'll be prey to every scammer who did, and you'll never realize it.
- affyboi 2y ago> Math class does not teach practical knowledge such as personal finance or health. It teaches you how to work in a quant shop