>believe markets are efficient
>believe you can't predict the markets
>90% hedge funds lose money and go bust sooner or later
Are quants just a bunch of overpaid glorified code monkeys who pretend tp look intelligent with their PhDs in maths and physics?
They are only "overpaid" if they generate actual and consistent returns.
>>1102379
your beliefs are contrary to the facts.
"Efficient Market Hypothesis" is something for a text book, it doesn't apply to the real world.
Markets can absolutely be predicted.
You pulled that 90% out of your ass, but you could say 99.9% of all businesses eventually go bust.
