Quant funds build a portfolio by selecting stocks on predetermined rules based on mathematical models. They use automated programs to enter and exit stocks and hence eliminate human or fund manager bias.
Uday Kotak questions SpaceX valuation, says only time will tell if we’re in ‘mega bubble’
Uday Kotak described SpaceX’s blockbuster IPO as a test for capitalism, questioning whether investors are backing humanity’s future or fueling a massive bubble. His remarks