Here’s Why Hedge Funds are Eating your Breakfast, Lunch, and Dinner

Musings of a quantitative trader.

I’d like to start off by saying, no, it’s not because retail traders are dumb or ignorant. The only difference between a hedge fund trader and a good retail trader is a job title. However, the ever-increasing gap between retail capabilities and hedge fund capabilities is far too drastic to ignore.

Aspect 1: Incentives