Jim Simons, the founder of the Medallion Fund has done what most people consider to be impossible. His fund has consistently beaten the market over the last 30 years. The fund has had an average return of 66% before fees during the period of 1988-2018!
The philosophy inside of me can't help but be slightly witty with *cybernetics*, and the question is this: has the "legendary investment vehicles" absorbed the large majority of alpha from the market (assuming ETFs are smart beta)?
> signal processing experts
The philosophy inside of me can't help but be slightly witty with *cybernetics*, and the question is this: has the "legendary investment vehicles" absorbed the large majority of alpha from the market (assuming ETFs are smart beta)?
https://www.youtube.com/watch?v=Hu4Cq_-bLlY https://www.youtube.com/watch?v=nZxlwxFL-yA