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>> No.53816632 [View]
File: 169 KB, 718x1193, FhSp8OoXkAE6BKX.jpg [View same] [iqdb] [saucenao] [google]
53816632

>>53816583
Anon. This is an old finance forum thread from bonafide quants who dissect Renaissance's business model. And there's also an old statistician who used to work at Renaissance. You know what everyone realized and also learned through Renaissance ex-employee's own admission? That most of the models they use are simple linear regressions.

https://news.ycombinator.com/item?id=19065226

https://nuclearphynance.com/Show%20Post.aspx?PostIDKey=4851

Pic and link related.

The most successful quant hedge funds of all time mostly use linear regressions, or some logistic regressions. Seldom do they venture outside of these models.

Lol. They think Rentech is using Neural networks out the ass.

Lol.

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