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Comment on Quant Hedge Fund D.E. Shaw Fires 150; 10% of staffparent

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Nice link.. seems like HTG have taken the first step towards a pluggable infrastructure, where the plugin is the quant/programmer + their algorithm implementation.

ps. I never really understood the difference - Hedge Funds seem to be more about speculating via leverage than 'hedging'? [using their own proprietary algorithms to do that]

This video explains a bit more about what they do: http://ocaml.janestreet.com/?q=node/61

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