[stevecmo]

31.1% Daily turnover??? I'd like to see this applied to an after tax brokerage account and see what the after tax total return would be. I think my tax accountant's head would explode! 🥴

[mntlblok]

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 . .

Had "Machine learning algorithms" already gotten that far back in 2016?