jlh comments on Risky Buisness

submitted 2 years ago by fossilesque@mander.xyz to c/science_memes@mander.xyz

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[–] jlh@lemmy.jlh.name 31 points 2 years ago* (1 child)

When have quants ever used good decision making as a basis for their trading? Saying you use AI brings in investors, that's good enough for quant funds.

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[–] Knock_Knock_Lemmy_In@lemmy.world 0 points 2 years ago

When have quants ever used good decision making as a basis for their trading?

Always. If they don't make more good decisions than bad then they get fired.

Crazily, they only need to make good decisions 55% of the time.

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