Many of the quant funds mentioned in this Bloomberg article are into equities. Why is it so hard for them to make money in a bullish year? Hasn’t it been said that a rising tide lift all boats? Shouldn’t even idiots perform well in 2017? Why can’t these geniuses do much better? Lazy “idiots” who invested in passive index funds/etfs have outperformed these geniuses.
Even the Clinton Group which had a positive year in terrible 2008 lost 5.5% in bullish 2017. Huh?
According to the article,…