This is professional gambling. Embrace (weak form) market efficiency. Why do you... | Hacker News

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		bofadeez on June 30, 2023 \| parent \| context \| favorite \| on: Case study: Algorithmic trading with Go This is professional gambling. Embrace (weak form) market efficiency. Why do you think mutual funds have never generated profit in the history of their existence?

hu3 on June 30, 2023 [–]

I'm naive but as far as I know mutual funds are risk-averse and by consequence their profits are lower, if any.

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