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by kolbe 3128 days ago
A finance quant created a strategy with amazing results. He discovered the theory, tested it, refined it, and set up a presentation to the portfolio manager to start running it. problem was that he inverted PnL, and had spent the previous couple weeks figuring out how to maximize losses.

INBF "do the opposite." Markets don't work that way.

1 comments

What Silicon Valley startup did he land in after he was fired?