What Is the Quant Advantage?
Trying to explain how his programs work, Jaffray Woodriff says he assembles over 10,000 mathematical formulas through machine learning, each with flavors of favorite quant inputs, orthogonal to data points like volatility and price momentum. There's a pattern to it all, but it’s so intricate that he has a hard time putting it into words. Bloomberg's Dani Burger has more on "Bloomberg Markets." (Source: Bloomberg)