Quant investors argue that any edge they have is soon competed away.

定量投资者辩称，他们拥有的任何优势很快就会被竞争殆尽。

There was a time when everyone thought the quants had figured it out.

曾经有一段时间，每个人都认为宽客们已经弄明白了。

And it's so funny because I kind of see it even today with quants.

这很有趣，因为即使在今天， 我在宽客身上也看到了这一点。

The quants came back with a vengeance.

宽客们报复性地回来了。

Which I know is a little surprising because you think markets, you think numbers, you think everything's quant.

我知道这有点令人惊讶， 因为你认为市场，你认为数字， 你认为一切都是量化的。

Newer quant outfits, like aqr and Two Sigma, beat humans' returns and gobbled up assets.

较新的量化机构，如 aqr 和 Two Sigma，击败了人类的回报并吞噬了资产。

Quantum quants hope their machines will boost profits by speeding up asset pricing, digging up better-performing portfolios and making machine-learning algorithms more accurate.

有量子计算加持的量化投资机构希望通过加速资产定价、挖掘表现更好的投资组合、提高机器学习算法的准确性来提升利润。

There is a good deal of drudgery, of course;but one preserves one's moral freedom, what we call in French one's quant a soi.

有很多苦差事， 当然； 但一个人保持道德自由，我们在法语中称之为 quant a soi。

But life is, as twee as it is, as quant as it is a sentiment, life is the great art, isn't it?

但是，生活既是一种感情，也是一种感情，生活是一门伟大的艺术，不是吗？

The flagship fund of Renaissance Technologies, the first ever quant outfit, established in 1982, earned average annual returns of 66% for decades.

Renaissance Technologies 的旗舰基金是有史以来第一家量化基金，成立于 1982 年， 几十年来的平均年回报率为 66%。