Quote:
Originally Posted by CoachKandSportsguy
yes, totally agree with that for the job, but talking about investment portfolio management of billions of dollars. . you can't scale to that level and be profitable. . . cost to manage portfolio is too high
But with huge amounts of money, one person can now manage billions with ETFS and Machine learning algorithms.
wsj.com
behind paywall, but just the words visible gives enough information . .
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I'm so ashamed, but SIL turned me on to this "archive" thingy that often bypasses paywalls - especially if the article has been out for a few days. . .
What Does Nevada’s $35 Billion Fund Manager Do All Day? Nothing - WSJ