News for hackers. Stuff that matters.

A comment on Numerai – A hedge fund built by a global community of anonymous data scientists. Parent comment

Re:Numerai – A hedge fund built by a global community of ano... by wyager on Monday October 17, 2016 @04:25PM (#12729353)
Nice straw man, but the market doesn't have to be right about everything; it just has to not be completely wrong about a market worth tens of trillions.

The stock market is one of the mechanisms that allows the market to be right by communicating price information.

[ Parent | on HN ]

There are no comments on this comment yet.