Re:D.E. Shaw and how computer geeks and English majors trans...
by airstrike on Saturday July 25, 2020 @06:47PM
(#23952985)
> But if the forces of capitalism are truly working, you have to wonder why so many firms like these continue to print money year after year
Because so many other counterparties don't continue to print money year after year. An incredibly high number of funds isn't successful. I think you're ignoring survivorship bias.
Because so many other counterparties don't continue to print money year after year. An incredibly high number of funds isn't successful. I think you're ignoring survivorship bias.