News for hackers. Stuff that matters.

A comment on “Buy and Hold” No More: The Resurgence of Active Trading. Parent comment

Re:“Buy and Hold” No More: The Resurgence of Active Trading by nceqs3 on Saturday April 10, 2021 @03:57PM (#26764560)
1) Jane Street isn't that successful. 2) RenTech spends billions every year on compute, data and hiring the smartest people in the world.

The average person could never compete with RenTech.

[ Parent | on HN ]
Re:“Buy and Hold” No More: The Resurgence of Active Trading by baobabKoodaa on Saturday April 10, 2021 @05:14PM (#26765180)
> The average person could never compete with RenTech.

Grandparent claimed that active investing is not good for _anybody_. A single example (like RenTech) is sufficient to disprove that claim. If you want to move the goalposts to "the average person", then it'll be an entirely different discussion.

[ Parent | on HN ]
Re:“Buy and Hold” No More: The Resurgence of Active Trading by centimeter on Saturday April 10, 2021 @04:05PM (#26764645)
> Jane Street isn't that successful.

Their historical record is very good.

[ Parent | on HN ]