[HN Gopher] Bridgewater Had Believability Issues
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       Bridgewater Had Believability Issues
        
       Author : ioblomov
       Score  : 18 points
       Date   : 2023-11-07 19:11 UTC (3 hours ago)
        
 (HTM) web link (www.bloomberg.com)
 (TXT) w3m dump (www.bloomberg.com)
        
       | greatpostman wrote:
       | A big secret about some well known investment firms:
       | 
       | They have leagues of Harvard Math PhDs building "algorithms".
       | Behind closed doors is the founder or some guy you've never heard
       | of making wild gut based trades on the market. This was how Pimco
       | in its hay day operated. Billions in investment money can be
       | managed by one person, with a legion of coders and support
       | ("investment professionals") standing by
        
       | neonate wrote:
       | https://archive.ph/FoKft
        
       | dang wrote:
       | Related ongoing thread:
       | 
       |  _' Ray, this is a religion': How Bridgewater lost two top hires_
       | - https://news.ycombinator.com/item?id=38181408 - Nov 2023 (104
       | comments)
        
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       (page generated 2023-11-07 23:01 UTC)