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Top performing stocks in the S&P 500 2019; and the winner is ...  1. $AMD: +146% 2. $LRCX: +114% 3. $KLAC: +99% 4. $TGT: +95% 5. $CMG: +93% 6. $QRVO: +91% 7. $CPRT: +90% 8. $XRX: +86% 9.

Time to stop eating Bats?

A year in the life of a crypto trader;

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"Today, Medallion uses dozens of "strategies" that run together as one system. The code powering the fund includes several million lines,"

"Brown continued: "The point is that, if there were signals that made a lot of sense that were very strong, they would have long ago been traded out. ... What we do is look for lots and lots, and we have, I don't know, like 90 Ph.D.s in math and physics, who just sit there looking for these signals all day long. We have 10,000 processors in there that are constantly grinding away looking for signals."""

 

https://www.afr.com/technology/inside-the-medallion-fund-a-74-billion-moneymaking-machine-like-no-other-20161122-gsuohh

 

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29 minutes ago, Kodiak said:

"Today, Medallion uses dozens of "strategies" that run together as one system. The code powering the fund includes several million lines,"

"Brown continued: "The point is that, if there were signals that made a lot of sense that were very strong, they would have long ago been traded out. ... What we do is look for lots and lots, and we have, I don't know, like 90 Ph.D.s in math and physics, who just sit there looking for these signals all day long. We have 10,000 processors in there that are constantly grinding away looking for signals."""

 

https://www.afr.com/technology/inside-the-medallion-fund-a-74-billion-moneymaking-machine-like-no-other-20161122-gsuohh

 

Ten thousand professors grinding away ... what a mental picture comes to mind 😮 :D

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