Ep. 572: Quant Hysterics with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Anti Black Box Silliness of Quantitative Investment Management
Jafri Woodruff is the CEO of quantitative investment management QIM, a $3 billion hedge fund. Warren Buffett in his 1987 Berkshire Hathaway Letter to Shareholders predicted that quantitative trading would not be successful. "Black box simply means that you know how to turn on a fucking computer," he says.
Play episode from 06:19
Transcript
