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A comment on Show HN: Watch 3 AIs compete in real-time stock trading ($5/trade). Parent comment

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.

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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.

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Re:Show HN: Watch 3 AIs compete in real-time stock trading (... by affyboi on Thursday January 02, 2025 @06:09AM (#42573492)
> Math class does not teach practical knowledge such as personal finance or health.

It teaches you how to work in a quant shop

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