5 ms·
Like selling pickaxes during a gold rush, Quantopian is probably better off encouraging hobbyists to start speculating via their platform.
by prodigal_erik 14y ago
Like selling pickaxes during a gold rush, Quantopian is probably better off encouraging hobbyists to start speculating via their platform.
- pathdependent 14y agoYes. Which seems like a better investment: dedication to a platform that certainly will attract speculators and is underserved in general or dedication to a trading algorithm in an arena overpopulated by very smart people competing in a zero sum game -- against you? Both provide the potential for scalable, massive returns, yet in the quant realm, selling pickaxes is a much safer bet and is equally -- if not more -- lucrative. (In the contextually correct parlance, the sharpe ratio is much higher for selling Quantopian.)