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A comment on Real money, invested with algorithms. Parent comment

Re:Real money, invested with algorithms by sumedh on Wednesday February 26, 2014 @02:50AM (#7303587)
> How can an industry that does no better than chance on average continue to exist?

The average Joe does not know that.

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Re:Real money, invested with algorithms by ForHackernews on Wednesday February 26, 2014 @09:50AM (#7305210)
Not just average Joes. Lots of extremely wealthy people put their money in actively-managed hedge funds that also underperform the market: http://www.bloomberg.com/news/2013-12-06/hedge-funds-trail-s...
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