> there is much more noise than signal in financial data.
Spot on. Very few can consistently find small signals and match that with huge amounts of capital and be successful for a long period. Of course Renaissance Technology comes to mind.
Recommended reading this if your interested, was an enjoyable read:The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution
Spot on. Very few can consistently find small signals and match that with huge amounts of capital and be successful for a long period. Of course Renaissance Technology comes to mind.
Recommended reading this if your interested, was an enjoyable read:The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution