Put a rocket engine on a brick and it will fly - until the fuel runs out. Put millions of dollars into a random hedge fund and it will fly too...
I suspect this has to do with the qvasi-perfect uniform distribution of a large portfolio of stocks. If you get monkeys to throw darts at a chart (and pick stocks randomly), you'd get wins =~ loses so ignoring commissions and fees, they'd break even. DOING A BILLION TRADES A DAY! Now if these "young stars" backed by multi-billion VCs actually make above commissions, that's a mystery. Even if they do and it's not spectacular, then it has a lot more in common with plain luck and a bull market than actual wits. I just don't buy the myth of the teenage superstar trader.
International math olympics is now organized in my city. I've been in this shit at least since Russia took organizing the muscle competition.
Question to Handle123: who would you pick from them? Question to Handle123: 345+ Man, you thrashed me but never ghosted me.
Private threads. A popular trend is "ghosting" where I talk with someone then suddenly they cease answering. Interestingly that usually happens *after* I get to tell them about the markets and strategies I work with.