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> Rather, it just does what [less successful people] do - ... - but better and more consistently.

Reminds me of comparisons between Renaissance and other quant funds. If you get enough better it looks like what you're doing is magic until you analyse what was done and see they have better systems and people.

Sometimes, magic is just someone spending more time on something than anyone else might reasonably expect - Teller




Shame they could not extend their better people and systems to all their customers:

"Renaissance Clients Exit After Firm’s Anemic Run of Results"

https://www.bloomberg.com/news/articles/2021-02-08/renaissan...




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