/biz/ - Business & Finance

>>15846837
>over the recent decades that the average professional active fund managers fail to give better returns than the indices

AHHHH but that's exactly what they want you to think. As someone who has worked in the quant investing business, I know for a fact that most of these firms run portfolios that are not open to the public and those really do beat the market. The Medallion Fund is the most famous example but there are others.