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Who Says Quant Funds Have an Edge?
Plagued by bleak performance, funds that let computers make their investment decisions are missing the opportunity of a lifetime.
Will the legal troubles at SAC Capital and the government’s huge crackdown on illegal insider trading that has already landed Raj Rajaratnam in prison for 11 years mark a seminal moment in the history of hedge funds? Will discretionary funds — those that use human brains to make investment decisions
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