No one has a pile of money. That's the point. Many people come up with theories on how to beat the market by using some novel theory or algorithm. These people generally have not successfully tested these theories (and made the aforementioned piles of money).
(This is why I follow patio11. Reading his tweets and HN comments is not unlike unpacking a particularly obtuse if-else-if statement block. Difficult, but rewarding!)
(This is why I follow patio11. Reading his tweets and HN comments is not unlike unpacking a particularly obtuse if-else-if statement block. Difficult, but rewarding!)