Medallion fund: a remarkably successful quant trading firm built by scientists

Re:Medallion fund: a remarkably successful quant trading fir... by Maven911 on Monday November 21, 2016 @01:11PM (#13007535)

All these funds have some commonalities: highly statistical in nature, high probability trades, correlations, algorithms executing trades. But finding out any of the internals of these funds is next to impossible unless one has an "in".

Does anyone on HN have some perspective on how these funds operate (renaissance, AQR funds etc.) ?

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Re:Medallion fund: a remarkably successful quant trading fir... by qwrusz on Monday November 21, 2016 @09:02PM (#13011023)

I can't offer too much insight, sorry. But I will say the "quant" fund label is very broad. RenTec and AQR both hire PhDs and use computers to trade, but AQR offers mutual funds with daily liquidity and they publicly disclose much more info - RenTec as a private fund has more flexibility in what it can do. Correspondingly, how a fund uses risk and takes on leverage can make a big difference.

[ Parent | on HN ]