Re:“Buy and Hold” No More: The Resurgence of Active Trading
by 4TunateSon on Saturday April 10, 2021 @03:57PM
(#26764556)
Jane Street and RenTech are very different institutions compared to something like Vanguard or Fidelity. They aren't accessable to retail investors/traders, they have different goals, and methods.
[ Parent
| on HN ]
Re:“Buy and Hold” No More: The Resurgence of Active Trading
by baobabKoodaa on Saturday April 10, 2021 @05:11PM
(#26765148)
Nope, you're moving the goalposts now. The grandparent claimed that active investing is not a good choice for _anybody_. So a single example like RenTech is sufficient to disprove that claim.
Re:“Buy and Hold” No More: The Resurgence of Active Trading
by chronic2022 on Saturday April 10, 2021 @05:55PM
(#26765499)
> The grandparent claimed that active investing is not a good choice for _anybody_. So a single example like RenTech is sufficient to disprove that claim.
Correct.
Too many passive index fund investors on this thread refuse to acknowledge that many hedge funds/proprietary trading firms consistently beat the S&P over 20-30+ years.
VTI and VOO are only 9% and 13% since inception in ~2001. Top quant firms like Citadel, Renaissance, Jane Street attain 20-40% annually after fees, over 20+ years.
On average, hedge funds underperform. But a UHNW investor is not investing in average hedge funds. They’re investing time-tested S&P-outperforming hedge funds.