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Re:The Algorithm Behind Jim Simons's Success by belter on Sunday May 26, 2024 @11:59AM (#40483179)
Financial investigative journalism is dead in the US. Journalists are paid badly, and work for the multinationals they should scrutinize.

In Europe the FT tried to pretend they were still a respectable financial publication, but shit their pants when the German financial regulator threaten them. They learned to be quite since...

"Germany’s financial watchdog BaFin responded by launching a probe into the reporting and whether — as Wirecard alleged — it was an attempt at share price manipulation. " - https://www.ft.com/content/27872df6-b496-11ea-8ecb-0994e384d...

https://www.ft.com/wirecard

Re:The Algorithm Behind Jim Simons's Success by blackhawkC17 on Sunday May 26, 2024 @12:30PM (#40483379)
If you're accusing RenTech of something, be direct about it.

This is a typical conspiracy theorist style. Always pointing out "look there..." without ever saying what they're talking about, because there is actually nothing there.

Re:The Algorithm Behind Jim Simons's Success by belter on Sunday May 26, 2024 @01:01PM (#40483627)
> If you're accusing RenTech of something, be direct about it.

Oh now trying to explain the algos, of a fund of 300 employees, who never has losses, and makes some of the biggest political donations in the US...Is accusing?

What happened to intellectual curiosity? Don't look up?

> Always pointing out "look there..."

There is plenty where to look...

https://www.reddit.com/r/hedgefund/comments/18johku/medallio...

"Democratic donor built up vast $8bn private wealth fund in Bermuda" - https://www.theguardian.com/news/2017/nov/07/democratic-dono...