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2 words: Renaissance Technologies http://en.wikipedia.org/wiki/Renaissance_Technologies http://en.wikipedia.org/wiki/Renaissance_Technologies
by jteo 16y ago
2 words: Renaissance Technologies
http://en.wikipedia.org/wiki/Renaissance_Technologies http://en.wikipedia.org/wiki/Renaissance_Technologies
- dschobel 16y agothe article addresses hedge funds near the end.
- jedc 16y agoAgree, but: 1) They're a huge, huge outlier 2) Any of Renaissance's funds are not nearly as scalable as a passive index fund 3) As a hedge fund will still take a big chunk out of returns as fees
- rorrr 16y agoYou can't just invest in a hedge fund, there are some crazy requirements. As an individual investor you have to make $200,000 for at least two years straight.
- ladyada 16y agoIn some alternate HN that existed 10 years ago someone posted "4 letters: LTCM" :)