Re:Show HN: Watch 3 AIs compete in real-time stock trading (...
by WalterBright on Tuesday December 31, 2024 @04:01PM
(#42561796)
Why it's worth paying attention in math class.
[ Parent
| on HN ]
Re:Show HN: Watch 3 AIs compete in real-time stock trading (...
by chronic73940581 on Tuesday December 31, 2024 @10:55PM
(#42563843)
> Why it’s worth paying attention in math class.
Math class does not teach practical knowledge such as personal finance or health.
Citadel returns since 1990 is 38% annual returns before fees to outside investors. They have a 5:50 fee structure. There are hundreds of more firms, staying out of the public eye.
https://www.barrons.com/articles/multistrategy-hedge-funds-p...
Minimum investment $5M. Sorry but the middle class is not allowed.
Re:Show HN: Watch 3 AIs compete in real-time stock trading (...
by WalterBright on Tuesday December 31, 2024 @11:59PM
(#42564069)
You don't need to know anything about finance or health to know how percentages and compounding work.
Besides, I knew nothing about construction when I discovered that the contractor I hired to pour a patio was overcharging me by 30%. All it took was a bit of geometry I learned in grade school.
Pay no attention to math in school and you'll be prey to every scammer who did, and you'll never realize it.