Robots Beat Traders
2002-06-20 20:17:42+02 by Dan Lyke 0 comments
Not Zen pointed to a Register article claiming computer programs are beating stock traders by roughly 7%. It should be pointed out, regarding stock trading, that in the long term growing your holdings with the growth of the economy is average. If you're doing better, others are doing worse. Now that many of the stupider day traders have been wiped out of the '90s markets, it doesn't surprise me that programmers are smarter than stockbrokers.