(Bloomberg) -- What do Warren Buffett, George Soros, and a computer have in common? Turns out, a lot.

At least that's the view of AQR Capital Management, the program-driven hedge fund whose founders made their names finding the math behind investment success. A new paper posits that a lot of the gains reaped by the legendary managers over time were, in theory, available to anyone using a handful of buy-and-sell signals known to quantitative analysts.

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