It's amazing how all the econ/finance shops are dying while the quant shops are thriving. There's something fundamental going on here. A truth has been revealed by the market.What quant shops are thriving?
Renaissance technologies
Two Sigma
DE Shaw
Millennium Partners
Jane Street
Citadel
Man Group
G-Research
… to just name a few.
It's amazing how all the econ/finance shops are dying while the quant shops are thriving. There's something fundamental going on here. A truth has been revealed by the market.What quant shops are thriving?
Renaissance technologies
Two Sigma
DE Shaw
Millennium Partners
Jane Street
Citadel
Man Group
G-Research
… to just name a few.
actually DE SHAW is not thriving, HF is a declining business.
It's amazing how all the econ/finance shops are dying while the quant shops are thriving. There's something fundamental going on here. A truth has been revealed by the market.What quant shops are thriving?
Renaissance technologies
Two Sigma
DE Shaw
Millennium Partners
Jane Street
Citadel
Man Group
G-Research
… to just name a few.
actually know for sure ManGroup isn't doing well this year in terms of performance,
there are other two names in ur list that are mediocre recently, not aqr LS bad but no way profitable.
ManGroup is another fund that went all in on AI stuff and paid the price.
It's amazing how all the econ/finance shops are dying while the quant shops are thriving. There's something fundamental going on here. A truth has been revealed by the market.
What quant shops are thriving?
Renaissance technologies
Two Sigma
DE Shaw
Millennium Partners
Jane Street
Citadel
Man Group
G-Research
… to just name a few.actually know for sure ManGroup isn't doing well this year in terms of performance,
there are other two names in ur list that are mediocre recently, not aqr LS bad but no way profitable.
Does AI work in Finance?
I need to order Marcos Lopez de Prado's book.
The Kindle version is like 300,000 pages
If AI is correctly applied it might work in finance. However, you are unlikely to read the proper application in a book or in a journal. You see how well AQR is doing by advertising their strategies publicly on youtube.
NNT:
1/n
AQR issued 2 flawed reports saying tail risk hedging doesn't work (in theory), options are "expensive"
Yet they did not reveal that
1) Their OWN risk premia strategies lost money.
2) Their other public cra.p underperforms the MKT.
2/n (#AQR)
Meanwhile Universa hedged portf outperformed SP while AQR crap and RISK PARITY junk underperformed. I cannot believe that AQR will issue claims from hypotheticals.
Further they are mired in the probability distributions & metrics that have been amply debunked.
Insult to clients & the REAL WORLD