Quant hedge funds are getting slammed and scrambling for answers (businessinsider.com) 5 points by alanyilunli 11mo ago ↗ HN
[–] techpineapple 11mo ago ↗ Curious if AI is playing any role. [–] brudgers 11mo ago ↗ Some hypotheses that comes to my mind:1. A well funded player has built a statistical model of the statistical models of some hedge funds.2. Industrial espionage.3. Tools back-doored by developers (as seen in "Office Space").4. Reversion to the mean (positive results of the model were largely randomness combined with a small sample size).It's worth noting that many nation-states would have incentive and resources for hypotheses one and two.
[–] brudgers 11mo ago ↗ Some hypotheses that comes to my mind:1. A well funded player has built a statistical model of the statistical models of some hedge funds.2. Industrial espionage.3. Tools back-doored by developers (as seen in "Office Space").4. Reversion to the mean (positive results of the model were largely randomness combined with a small sample size).It's worth noting that many nation-states would have incentive and resources for hypotheses one and two.
2 comments
[ 2.3 ms ] story [ 15.1 ms ] thread1. A well funded player has built a statistical model of the statistical models of some hedge funds.
2. Industrial espionage.
3. Tools back-doored by developers (as seen in "Office Space").
4. Reversion to the mean (positive results of the model were largely randomness combined with a small sample size).
It's worth noting that many nation-states would have incentive and resources for hypotheses one and two.