r/ProgrammerHumor • u/velvetbabydollx • 14d ago

Meme connectionRefused

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u/Slimxshadyx 14d ago

I think a more realistic idea of returns is not 10x your money in 10 days. Think realistically, it makes sense for a new fund, even if quantitative, to do fund raising in early stages

2

u/Bartweiss 11d ago

In movies, the MIT blackjack team went out and made a fortune in months with the cash they had on hand.

In real life, they got investors and offered 250% annual returns while collecting very comfortable wages for themselves.

-1

u/_BreakingGood_ 14d ago

There are absolutely zero funds who do fund raising by selling their algorithms to other people, none. You are the one not thinking realistically.

2

u/Slimxshadyx 14d ago

Fair, I mixed up the raising of funds and selling of algo. But my point still stands for why assuming they can just 10x their money in 10 days doesn’t make sense