MemberJuly 25, 2021 at 10:32 pm
Hedge funds have quants on their team and those are the math geniuses. They pay big salaries for that talent.
While they can compute crazy data, they do work with highly sophisticated algorithms to achieve their goals.
They can analyze and model different scenarios and tell the algo’s what to do in order to get those outcomes. One thing they didn’t see coming and account for were a bunch of idiots like us that would come in and buy and hold and confuse their models.
No matter how they crunch numbers at this point, there isn’t an easy way out for them.