Crowdsourcing of quant-trading – perhaps an idea whose time has not come?

Crowdsourcing of quant-trading – perhaps an idea whose time has not come? Interesting article about an upstart crowd-sourced quant firm called “Quantopian” which, since beginning trading on June 1, 2017, has trailed a buy-and-hold S&P 500 investment strategy by nearly 10 percentage points (6.6% gain on the S&P compared with a 3% loss by Quantopian)…

A quant-trading firm backed by hedge-fund investor Steven A. Cohen and venture-capital firm Andreessen Horowitz has run into early problems.

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