Y
Hacker News
new
|
ask
|
show
|
jobs
by
robertlagrant
1493 days ago
The person you're replying to was talking about futures traders. Where did you get a rich guy's son from?
1 comments
ceeplusplus
1493 days ago
Speculating on futures and other derivatives is basically what those rich guy's sons are doing in their hedge funds. Most hedge funds get worse returns than the S&P 500.
link
jtbayly
1493 days ago
So... then let them? If they're losing money compared to what they could by doing nothing, I don't see the problem.
link
scatters
1493 days ago
Getting worse returns than the S&P 500 is still valuable, if those returns are uncorrelated.
link