| > Okay, so is that what you’re claiming they’re doing? I am not claiming that is what they are doing, but I offered two real strategies of what they could possibly be doing. The most detail ever disclosed by Renaissance Technologies is probably this: https://www.hsgac.senate.gov/wp-content/uploads/imo/media/do... Does not mean all details are there. > If so, please share your evidence. :) If I crack the Renaissance Technologies fund algorithm I don't think you will be the first one I will notify...:-) However, I know where I would start to investigate. The employees of the fund, do some of biggest political donations in the USA. Astute investigative journalists could start to look there. Are they doing to avoid scrutiny of their activities? If you cracked the market why such a high level of donations? Philanthropy? Then open your fund... Interestingly they also hedge their political donations: https://www.opensecrets.org/orgs//summary?id=D000022219&cycl... And know how to push the limits: "Abuse of Structured Financial Products:
Misusing Basket Options to Avoid Taxes and Leverage Limits": https://www.urban.org/sites/default/files/publication/23081/... > they make for the same quality of conversation as a drunk uncle’s “brilliant” day trading strategy Sure...Let's stay with the alternative most in this thread are passively accepting: "They cracked the market" |
...this is another misintepretation. You're looking at a list of donations by employees, who presumably don't fall under the same political persuasion. We know this for a fact given that Jim Simons and Robert Mercer are themselves on opposite ends of the spectrum (and each was very politically active).
Anyway yeah, I'm sure RenTech is just lacking scrutiny. Surely no astute investigative journalist has thought to look their way.