Steve Cohen doubles down on quants and trading robot
From this article:
Steve Cohen – he difficult point of automation for a discretionary hedge fund is found where if / then logic can’t compute
Can Steve Cohen fire his human traders and replace them with robots? That is a question that can only be answered through testing through a wide variety of market environments – including market crash scenarios. The talent behind a human investment manager that cannot be exactly replicated by a computer is understand nuance and assigning meaning to what appear as mathematically noncorrelated events.
http://www.valuewalk.com/2017/03/steve-cohen-quants/NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!