quantitative trading

“Primarily because I sort of felt like it was an arms race, which it certainly has become, but where it was just sort of a race for people who had faster machines and faster connections to the New York Stock Exchange.”

“It's relatively efficient. I think it depends on the transparency of the strategy. So equity long short, I would say is pretty efficient. There's a lot of teams. They all go to the same conferences. A lot of them know each other. People move around. Analysts m…”