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Michael Kearns of the School of Engineering and Applied Science discussed the closing of Prediction Company, a hedge fund. “Prediction was certainly far ahead of its time in realizing that many aspects of trading could be made not just quantitative but algorithmic,” said Kearns.

https://www.bloomberg.com/news/articles/2018-09-06/millennium-is-said-to-shut-down-pioneering-quant-hedge-fund-firm Bloomberg News