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by mruts 2662 days ago
No, you’re totally right. I’ve made a fortune and lost it (like 200k) and there was no skill on my part in either direction.

I work in finance for a hedge fund as a quant, and really hope I’m adding some alpha.

Though, sometimes I think all of our profits are due to luck.

1 comments

What annoyed me is that is was waste heat, you win, they lose, capital flows somewhere else. On bitcoin platform you could see millions of dollars shift hands in a second. I was nauseous.. a pinch of that could solve so much things. It's a separate world.