In a 2009 letter to investors, legendary investor Warren Buffett cautioned against strategies based solely on quantitative models: “Beware of geeks bearing formulas.” However, investors didn’t quite get the memo. The ‘geeks’ have since taken over. In the US, quant funds now control 35% of the market, significantly surpassing humanmanaged funds.
Valuations in Indian markets have become reasonable: Mirae's CIO Surana
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