Hedge funds are hiring a bunch of Ph.D.s to build trading machines, but they're missing one crucial element
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Computer-driven investing has taken hold of the hedge fund world, but people are getting it wrong.
That's according to Manoj Narang, who is launching a hot new hedge fund, the $1 billion MANA Partners.
Quantitative strategies use computers to parse data and make investment decisions.
"There is so much data out there and there are so may people now with a data science pedigree that if you take a purely data-driven approach, there are... Читать дальше...