Stan Druckenmiller: Algos Are Robbing Markets of Trade Signals

(Bloomberg) Billionaire Stan Druckenmiller is glad he’s no longer in the hedge fund business now that algorithmic and quantitative trading have taken over markets…..“I made 30 percent a year for 30 years. Now, we aren’t even in the same zip code, much less the same state,” he quipped of his recent returns in an interview…

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