The owner of the hedge fund had a model that was built on decades of CBOT commodities futures prices. His model would buy and sell a basket of about 1000 many times per day. There was some error in his model - at times he would lose money - but over the long run he was able to earn far, far more money than any other fund I've ever heard of.
The owner of the hedge fund had a model that was built on decades of CBOT commodities futures prices. His model would buy and sell a basket of about 1000 many times per day. There was some error in his model - at times he would lose money - but over the long run he was able to earn far, far more money than any other fund I've ever heard of.