I can't be the only one who thinks if the PHDs wanted to they could put together a hedge fund team and dominate the Medallion Fund
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I worked for a hedge fund headed by one of the world's most famous traders. We interviewed an MBA for an analyst position. He told my colleagues that in three years he would replace the big boss as a trader. I didn't believe them and called for a second interview. He repeated it.
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Another joke. A hedge fund manager receives a pile of CVs. He throws half of them in the basket without looking at them. One puzzled staff asks why did he do this. He answers: "People who work for me must be lucky."
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