than 2007's infamous "Quant Quake" that decimated Goldman's systematic trading unit. A former AQR Capital executive is recommending that to avoid further shocks quants should adopt the practices of the people that track real earthquakes.
"Forecasting made a lot of sense decades ago when we had very limited data, that was delayed and slow," Lopez de Prado said. "Today we have an abundance." Big-name quants like Schonfeld Strategic Advisors, Renaissance Technologies, Bridgewater, Point72's Cubist, and Quantedge were crushed in March as the novel coronavirus pandemic introduced never-before-seen volatility into the markets. Bridgewater's billionaire founder Ray Daliothat "of course we are questioning if we should have done things differently."
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más: