Quant Fund career exquisite salaries vs underperformance

IntroductionIn a campus event where I was asked to be a guest lecturer on how to use AI properly, there was a particular student showing great interest in funds management and especially Quant Funds. This article is made to properly convey the depths of funds management. BackgroundQuant Funds are in a hype trend in the last decade and keep on growing, also with several big names making the headlines (Rennaissance Technologies ~ Medallion Fund, Jane Street, Citadel, Two Sigma, etc) kinda hard to miss the hype surrounding these quants. Added to the fact the salaries received by their analysts and researchers are one of the highest, all these factors contribute directly to the hype. DataSo what's the data saying, with the sky-high salaries paid by Quants to their core components, their fund's performance must be extraordinary, right? Let's see the data: Table 1: quant ~ bottom Table 2: quant ~ bottom again Table 3: quant ~ bottom in every time period Table 4: quant ~ one of the highest…