The Great Miscalculation
Felix believed in the Algorithm. In the hyper-competitive world of New York quantitative trading, Felix was the apex predator. He didn't use intuition or "market feel"; he used a proprietary system of recursive data analysis that he claimed gave him a state of "Functional Omniscience." "The world is just a series of inputs," Felix would tell his interns, his voice devoid of emotion. "If you...
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