Renaissance
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Sep 26, 2024 by Thomas Laffont · said 1 times in 1 episodes since 2024 · across every show →
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Sep 26, 2024 bearish
Laffont: Active public stock picking has been a terrible business
“Being an active investor in the public market over 20 years has been a really bad business. We are fighting the machines, first of all, right? So Ken Griffin, Citadel, Renaissance, you know, all of these, you know, quants and algorithms, and that's number one.…”