<instructions>Your goal is to analyze the following comment and estimate how highly it will be upvoted by the Hacker News community.</instructions><comment><author>losvedir</author><text>What evidence? I thought that was standard orthodoxy, not just on HN. No one doubts that people can and have beat basic index funds; I just thought that was a poor predictor of what would beat the market again going forward (perhaps after accounting for fees?).&lt;p&gt;I used to work in sell side equity research before leaving to do software development, because at least from my vantage point, no one was that great at predicting the market.</text><parent_chain><item><author>jeffbee</author><text>Another thing the HN orthodoxy rejects is that professional investing and trading can make money above monkey-dart levels, despite the abundance of evidence that it does.</text></item><item><author>davidu</author><text>I know people who work there. That comp data excludes bonuses -- and most importantly -- that employees are able to invest in the proprietary funds themselves, which generate insane returns.</text></item><item><author>polote</author><text>&amp;gt; Engineers there routinely make well over $1mm&amp;#x2F;year.&lt;p&gt;Do you have a source for such claim ? data from h1b salary [1] tells that senior software make 200k base, and here [2] they explain that the average salary is 440k&lt;p&gt;[1] &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;h1bdata.info&amp;#x2F;index.php?em=JANE%20STREET&amp;amp;job=&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;h1bdata.info&amp;#x2F;index.php?em=JANE%20STREET&amp;amp;job=&lt;/a&gt;&lt;p&gt;[2] &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;news.efinancialcareers.com&amp;#x2F;fr-en&amp;#x2F;307393&amp;#x2F;jane-street-pay&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;news.efinancialcareers.com&amp;#x2F;fr-en&amp;#x2F;307393&amp;#x2F;jane-street-...&lt;/a&gt;</text></item><item><author>davidu</author><text>For those who don&amp;#x27;t know, Jane Street is one of the best performing algorithmic trading firms on Wall Street. Probably the largest Ocaml shop on earth.&lt;p&gt;It&amp;#x27;s a lucrative job for strong programming talent. Engineers there routinely make well over $1mm&amp;#x2F;year (edit: after a few years).&lt;p&gt;They are similar to Two Sigma in tech focus and talent, which is a more well-known firm.</text></item></parent_chain></comment><story><title>What the interns have wrought, 2020 edition</title><url>https://blog.janestreet.com/what-the-interns-have-wrought-2020/</url></story>
<instructions>Your goal is to analyze the following comment and estimate how highly it will be upvoted by the Hacker News community.</instructions><comment><author>closeparen</author><text>This assertion is about funds that are open to the general public. No one doubts e.g. Renaissance’s Medallion fund.</text><parent_chain><item><author>jeffbee</author><text>Another thing the HN orthodoxy rejects is that professional investing and trading can make money above monkey-dart levels, despite the abundance of evidence that it does.</text></item><item><author>davidu</author><text>I know people who work there. That comp data excludes bonuses -- and most importantly -- that employees are able to invest in the proprietary funds themselves, which generate insane returns.</text></item><item><author>polote</author><text>&amp;gt; Engineers there routinely make well over $1mm&amp;#x2F;year.&lt;p&gt;Do you have a source for such claim ? data from h1b salary [1] tells that senior software make 200k base, and here [2] they explain that the average salary is 440k&lt;p&gt;[1] &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;h1bdata.info&amp;#x2F;index.php?em=JANE%20STREET&amp;amp;job=&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;h1bdata.info&amp;#x2F;index.php?em=JANE%20STREET&amp;amp;job=&lt;/a&gt;&lt;p&gt;[2] &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;news.efinancialcareers.com&amp;#x2F;fr-en&amp;#x2F;307393&amp;#x2F;jane-street-pay&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;news.efinancialcareers.com&amp;#x2F;fr-en&amp;#x2F;307393&amp;#x2F;jane-street-...&lt;/a&gt;</text></item><item><author>davidu</author><text>For those who don&amp;#x27;t know, Jane Street is one of the best performing algorithmic trading firms on Wall Street. Probably the largest Ocaml shop on earth.&lt;p&gt;It&amp;#x27;s a lucrative job for strong programming talent. Engineers there routinely make well over $1mm&amp;#x2F;year (edit: after a few years).&lt;p&gt;They are similar to Two Sigma in tech focus and talent, which is a more well-known firm.</text></item></parent_chain></comment><story><title>What the interns have wrought, 2020 edition</title><url>https://blog.janestreet.com/what-the-interns-have-wrought-2020/</url></story>