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points by zilian 3 days ago | 0 comments
And yet, active traders still can't beat indexes.
[–] jppope 3 days ago
...such as Renaissance Technologies which has only been beating indexes by double digits for 4 decades. Probably just a fluke.
[–] jdelman 3 days ago
I took the comment to mean "most" active traders, not all. Obviously it's possible to beat the market, it's just very difficult, and many fail trying, especially if it's not their day job.
[–] onerandompotato 3 days ago
Agreed, but the issue is that their approach does not scale with more $. There is a reason they do not allow outside investment and it's limited to only employees and early adopters. As a non-profesional (everyone here), it's borderline impossible to find the next Renaissance medallion fund. If it were that obvious who it was, every guy would pile in until their approach no longer works
[–] LPisGood 3 days ago
> As a non-profesional (everyone here)

I wouldn’t be so sure of that

[–] corky_buchek 3 days ago
"Buy vanguard etf" is a Google search away. Can you show me where I can invest my money in Renaissance Technologies' funds?
[–] antisthenes 3 days ago
Is RenTech more than a rounding error amongst all active traders?

Is it more than a rounding error amongst ALL (active/passive) traders?