this post was submitted on 27 Sep 2024
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Science Memes

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[โ€“] jlh@lemmy.jlh.name 31 points 1 month ago* (last edited 1 month ago) (1 children)

When have quants ever used good decision making as a basis for their trading? Saying you use AI brings in investors, that's good enough for quant funds.

When have quants ever used good decision making as a basis for their trading?

Always. If they don't make more good decisions than bad then they get fired.

Crazily, they only need to make good decisions 55% of the time.