fbpx

Rise of billionaire bots: how algos redefined hedge funds

(Last Updated On: June 1, 2017)

Rise of billionaire robots: how algos redefined hedge funds

While most hedge funds are suffering this year due to poor performance, a high profile list highlighted half of the most successful were driven by computer models. These are also using quantitative analysis techniques as well. What does that mean? The old-school way of running hedge funds is quickly withering away. This is another way of saying human traders are losing ground against the robots which obviously includes high-frequency trading shops as well.

Check out this very high-profile article from Britain’s Guardian newspaper

Here are some of the highlights:

Last year, David Siegel, cofounder of Two Sigma Investments, one of those quants, announced that one day “no human investment manager will be able to beat the computer“. Siegel, himself a computer scientist, now manages more than $35bn, and qualified for Alpha’s “rich list” for the first time this year. He debuted at No 7 with estimated 2015 earnings of $500m.

For the last two weeks in my Algo Trading Course Series, you will find exact details with source code that do both of these functions. 

This is one of many many benefits of my list for my Quant Elite members including the Algo Trading Course series where you can get the details here

Not only that you’re the highly affordable and generous pricing options:

MONTHLY: $97/MONTH: Click here

8 BONUS MONTH FREE Annual: Click here

Thanks Bryan

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!

Subscribe For Latest Updates

Sign up to best of business news, informed analysis and opinions on what matters to you.
Invalid email address
We promise not to spam you. You can unsubscribe at any time.
Scroll to Top