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When I say pros, I mean like Two Sigma, JS, PDT, HRT, Optiver, etc. Data driven statarb and market makers. I work in the industry. There are strategies that work. The data costs run around mid-5-figure sums per month even for a startup. The reason publicly accessible hedge funds underperform is two fold. Public funds don't need to beat the market to sell well in their niche. They're selling diversification. Achieving a sharpe of 1 with 0 correlation to SPY is plenty good enough. Beyond that, the strategy is not worth offering publicly. The best are all ran prop.
That’s cool and all, but it’s still not a HRT.
Where would you suggest trans women compete if not female sports? The effects of HRT clearly put trans women at a major disadvantage to cis men, so not there, and you all are unhappy about trans women competing in women's sports, despite there being proof that's more appropriate.
https://pubmed.ncbi.nlm.nih.gov/33648944/ This text finds that after 3 years of HRT, trans women have muscle mass equal to cis women.