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Murrayr31283 karma

Surely the hedge funds in Buffets bet are using algorithmic trading amongst other methods. If what you say is true why are they performing much worse than the stock index?

Or is algorithmic trading just another scam that generates vast fees for hedgies.

Murrayr31282 karma

Warren Buffett bet $1 million in a 10-year wager that an inexpensive plain stock index fund will outperform high-fee hedge funds. So far he is winning by miles.

Does algorithmic trading really make more money over the medium to long term than investing in market index funds when you take fees into account?

Murrayr31281 karma

How can you tell if someone in your social circle is a psychopath?