BE CAREFUL, you can compute like that with stocks only because you don't have negative values or 0. If the initial value is negative, and the final value is more negative, then the return will be positive. In such a case, the positive return represents a loss rather than a profit. If the initial value is zero, then no return can be calculated. Ahmad, what you've done is not a problem at all, you can use Rlog=ln(Vf/Vi), also knows as force of interest. For example, if a stock is priced at 3.570 USD per share at the close on one day, and at 3.575 USD per share at the close the next day, then the logarithmic return is: ln(3.575/3.570) = 0.0014, or 0.14%. working with ln is good because you just have to divide by t to get the logarithmic rate of return : rlog=ln(Vf/Vi) / t. so Rlog = rlog*t under an assumption of reinvestment. For example, if the logarithmic return of a security per trading day is 0.14%, assuming 250 trading days in a year, then the annualized logarithmic rate of return is 0.14%/(1/250) = 0.14% x 250 = 35%
@2 the top for the sake of civilization, it’s better to focus on producing assets, things produced out of thin air that sucks up a lot of financial commitment isn’t good for us in the long run. I think that’s also part of his point too.
Bitcoin is a as any other currency. Like gold or paper banknotes. They don't have a value on their own, but are important for trading. You can trade with Bitcoin and there are countries that legalised Bitcoin as offical currency alongside their own (you can buy for groceries with Bitcoin). I understand Warren's point of view, because he's right on principle. But I will still choose to have some Bitcoin as I will choose to have some paper banknotes ;)
to get annual expected return you should multiply mean log returns by number of days in a year right? or, in that case, multiply it by the number of days in the period selected
Exactly unlike Tulip big corporations can transfer billions of dollars and only pay a few cents in fees compared to them transfering by bank and paying a huge fee. So bitcoin do have its utility.
For the same set of stocks and same date range, I am getting a different set of sharpe ratio and different weights. I wonder what went wrong. I used both 'Close' and ''Adj Close', but both sharpe ratio (max) and weights are widely different. I wonder why?
Hi Ahmad , I hope you are doing well could you also please teach the code to integrate the plot SML , CAL , CML line on this very specific efficient frontier graph code tutorial you have provided , thank you so much in advance
That's funny haha .. I should be thanking them for the great product !! Thanks for leaving a comment and subscribing to the channel. It is very much appreciated, Ragheb🙏
Hi Ahmad, i am trying to use datareader in python but i am getting this error ''ModuleNotFoundError: No module named 'pandas_datareader' '' can you please help me?
@Ahmed I am having an issue where VS Code is saying there is a size limit. I have changed all file size and download columns to have no constraints but it will still not work. Do you have any suggestion on how I can. get this to work?
Thank you Ahmad for this amazing lecture, I am using the same tickers and the date range but still I got different optimal weights. Can you please elaborate why this could be? I could not figure it out. thanks
You get different weights bacause our sharp ratios array is based on randomly generated portfolios from which we get one with maximum sharp ratio value, so result can be different running same code...
Buffet doesn't understand. He's looking at it as gold. Gold never became a worldwide means of exchange. People stopped using gold and started using bank notes that listed the amount of gold they were worth (like checks).
I don't know why but when i write this line of code :expectedReturn[k] = np.sum( meanLogRet = w ) i have this error : _sum_dispatcher() got an unexpected keyword argument 'meanLogRet' i have already install numpy i don't how to do it please can you help me ?
The greatest investors of their time will of course defend their investment. After all they decide how much is your production worth and crypto is threating their power.
Haha, sounds like a great plan Leo !! I need to research more stuff about the incident, but definitely would consider it for future videos. Thanks for the great idea !!
I will not be providing code so that you could watch the entire series, run into errors, and report them here. I think that way we could all learn together and the community could help you further with upcoming errors.
Trust me ,a couple of hours of reading is worth the opportunity that you might get. If you finished it and don’t buy the idea. I think you can now safely say that you know enough.
What I don’t understand is why governments permit cryptocurrency to be used as a currency. If people think it’s valuable, then trade it like pork bellies or copper. But I thought governments want currencies to be transparent and stable, which crypto isn’t.
I am having a laughing fit. Because multimillionaires don't know the value of Bitcoin and how to multiply it. When I listened to this conversation I was right when I said you don't invest in it you multiply it. And if you know what Bitcoin is for you can sell it right and multiply it right and it's all in a legal way. LMAO! I'm hysterical knowing that multimillionaires don't know that Bitcoin is worth millions if you know how to Buy it and sell it.... Interesting who knew the greats can't figure it out. See this is why you should be careful how you treat people because they will know how to do something you don't know how to do.
Před 2 lety
I really appreciate all your efforts for the 5btc you send to my wallet you really amaze me sir
Every business on this planet is a pyramid scheme so I'm not sure what people mean by that. I don't expect to make the same amount of money as a new hire than the people who's been working in the same position more than 10 years or my boss. I don't think people understand the term Pyramid Scheme and what it means.
I invest with Mrs. Johnson Brina, too, she charges a 20% commission on profit made after every trading session which is fair compared to the effort she put in to make huge profit.
when he makes the pool of people analogy its not too people in the pool is over a billion.. warren buffet is as good as gary vee at chatting shit when it come to protecting there interest. neither care about your investments unless they are making your money!
Great tutorial! A minor point: I think the formula you use for return is not correct. The ratio should be (p2-p1)/p1.
I was waiting for someone to actually point it out. I'm pinning this comment for visibility.
@@AhmadBazzi glad I didn’t disappoint you! ;)
Would that be: returns = (stocks.shift(1)- stocks) / stocks ?
@@7vrda7 Yes I presume, or (stocks.shift(1)/stocks)-1
BE CAREFUL, you can compute like that with stocks only because you don't have negative values or 0. If the initial value is negative, and the final value is more negative, then the return will be positive. In such a case, the positive return represents a loss rather than a profit. If the initial value is zero, then no return can be calculated.
Ahmad, what you've done is not a problem at all, you can use Rlog=ln(Vf/Vi), also knows as force of interest.
For example, if a stock is priced at 3.570 USD per share at the close on one day, and at 3.575 USD per share at the close the next day, then the logarithmic return is: ln(3.575/3.570) = 0.0014, or 0.14%.
working with ln is good because you just have to divide by t to get the logarithmic rate of return : rlog=ln(Vf/Vi) / t.
so Rlog = rlog*t under an assumption of reinvestment.
For example, if the logarithmic return of a security per trading day is 0.14%, assuming 250 trading days in a year, then the annualized logarithmic rate of return is 0.14%/(1/250) = 0.14% x 250 = 35%
Convex Optimization guru !
I love how you put Python with this one 🙏🏻
You're welcome Meryl !!
Amazing lecture 👌🏻
Excellent stuff with no BS 🙏🏻
Thank you Elinor 🙏🏻
This is really helpful for my situation right now, I will make some research and start right away, but do not know the amount for a startup now
5:34 awesome stuff man
Glad you liked it, Darrin. For the meantime, make sure you subscribe to the channel here
czcams.com/users/AhmadBazzi
21:23 I love the colors of your frontier.
@2 the top for the sake of civilization, it’s better to focus on producing assets, things produced out of thin air that sucks up a lot of financial commitment isn’t good for us in the long run. I think that’s also part of his point too.
I really love how you make lessons look more should be awarded prizes for that talent you got !
Thank you very much, appreciate it
Bitcoin is a as any other currency. Like gold or paper banknotes. They don't have a value on their own, but are important for trading. You can trade with Bitcoin and there are countries that legalised Bitcoin as offical currency alongside their own (you can buy for groceries with Bitcoin). I understand Warren's point of view, because he's right on principle. But I will still choose to have some Bitcoin as I will choose to have some paper banknotes ;)
to get annual expected return you should multiply mean log returns by number of days in a year right? or, in that case, multiply it by the number of days in the period selected
Exactly unlike Tulip big corporations can transfer billions of dollars and only pay a few cents in fees compared to them transfering by bank and paying a huge fee. So bitcoin do have its utility.
Please create the series (and playlist) for the stock market analysis
Excellent remark, Sam. I had the same idea and would definitely create this over the weekend. Stay tuned 🙏🏻
underrated you are definitely
I just shared it with my colleagues 👌🏻
You ROCK, Jonathan 🙏🏻
Ahmad, you are amazing!!! Great tutorial, thank you!
.shift(1) shift to the back not the front right ?
Excellent lecture, thanks for responding to my request.
My pleasure .. Glad you enjoyed it :)
For the same set of stocks and same date range, I am getting a different set of sharpe ratio and different weights. I wonder what went wrong. I used both 'Close' and ''Adj Close', but both sharpe ratio (max) and weights are widely different. I wonder why?
Hi Ahmad , I hope you are doing well could you also please teach the code to integrate the plot SML , CAL , CML line on this very specific efficient frontier graph code tutorial you have provided , thank you so much in advance
She's an expert trader, amazing professional
I love SKIPPY ❤️😍🥪
ME TOO !!
His argument could also refer to art, rolex, wine etc... it does not produce anything but prices are still going up
when i hit shift+enter after entering the symbol its not showing any output. It just creates a different line.
Great job as for sharing the lesson.
My pleasure, Alberta 🙏🏻
Underrated ‼️
🙏🙏
Such an underrated
Glad you think so Sue. Make sure you subscribe to the channel here
czcams.com/users/AhmadBazzi
Nice job ! Thank you for the tutorial
Thank you for great work as usual! Skippy Peanut Butter should pay you for advertising.
That's funny haha .. I should be thanking them for the great product !! Thanks for leaving a comment and subscribing to the channel. It is very much appreciated, Ragheb🙏
They did of course @ragheb !
It works also with short positions?
I love you and your lectures 📕❤️
Make sure you like and subscribe to receive future notifications about the channel !!
Pure class. As always.
Great session Mr can this be generalized to 5 or maybe 10 stocks?
You just saved my ass.... thannk you !!!
Damn hes the best on CZcams
Hi Ahmad, i am trying to use datareader in python but i am getting this error ''ModuleNotFoundError: No module named 'pandas_datareader' '' can you please help me?
@Ahmed I am having an issue where VS Code is saying there is a size limit. I have changed all file size and download columns to have no constraints but it will still not work. Do you have any suggestion on how I can. get this to work?
Thanks Ahmad 👍🏻
You're most welcome Bailey. Glad you liked it 🙏
Love your tutorials
👍 thanks for watching👆👆👆
What if I want to do this without short selling constraints?
I've never heard or seen any of her clients complain of Lost....I think she's just too perfect
Thank you
You're welcome Effie 🙏
i just needed some help please. For the sharpeRatio it keeps coming up as invalid syntax
Your fomular for computing returns is wrong. The correct way is "returns = (stocks - stocks.shift(1))/stocks.shift(1)"
Thank you Ahmad for this amazing lecture, I am using the same tickers and the date range but still I got different optimal weights. Can you please elaborate why this could be? I could not figure it out. thanks
You get different weights bacause our sharp ratios array is based on randomly generated portfolios from which we get one with maximum sharp ratio value, so result can be different running same code...
Buffet doesn't understand. He's looking at it as gold. Gold never became a worldwide means of exchange. People stopped using gold and started using bank notes that listed the amount of gold they were worth (like checks).
Can we do implement it on MATLAB ? Thanks
Sure we can.
I don't know why but when i write this line of code :expectedReturn[k] = np.sum( meanLogRet = w ) i have this error : _sum_dispatcher() got an unexpected keyword argument 'meanLogRet' i have already install numpy i don't how to do it please can you help me ?
Perfect explanation 🤩
Glad you think so!
That's true, most people today are seeing a lot of failures in forex and crypto sector due to poor orientations and bad experts.
The greatest investors of their time will of course defend their investment. After all they decide how much is your production worth and crypto is threating their power.
Love the highlights part, amazing visuals, thanks for sharing.
I'm glad you found it useful !
Ok let me get some Peanut butter first! :) Can you make a video about the GameStop scandal?
Haha, sounds like a great plan Leo !! I need to research more stuff about the incident, but definitely would consider it for future videos. Thanks for the great idea !!
Got hungry after this one 🤤
Have you some peanut butter !!
where is the code for this project, thanks
moudle not found
People of amsterdam made mistake with tulip in 17th century, and the same mistake is still in the making since then. Isnt it amazing....
Please continue the MATLAB tutorial
It is normal to say, ,Bitcoin does not work as it affect his business
is it the code available?
Please share with us the code thanks 🙌🏻
I will not be providing code so that you could watch the entire series, run into errors, and report them here. I think that way we could all learn together and the community could help you further with upcoming errors.
Because a lot of investors are confused about how the traders use their money
Bitcoin has gone up 8.9 million percent while the dollar has dropped 50 percent. Which one is worthless?
Trust me ,a couple of hours of reading is worth the opportunity that you might get. If you finished it and don’t buy the idea. I think you can now safely say that you know enough.
What I don’t understand is why governments permit cryptocurrency to be used as a currency. If people think it’s valuable, then trade it like pork bellies or copper. But I thought governments want currencies to be transparent and stable, which crypto isn’t.
Buffett also said facebook stock is useless.
I'm happy today because of Mrs Maria Jones
Everybody does the same, governmentd, politicians .....
I remember friends calling me crazy when I started but now I shut up them with my four figure weekly returned
👍🏻
👍👍
Warren Buffett vs Michael Saylor discussion. 👍If you agree.
He said the same thing about gold.
She's honest, anyone can start investing now. What sap
Damn but you’re an electrical engineer, how on earth do you know finance ? 😲
"Last night" XD czcams.com/video/iRALBW4hBZ0/video.html
457
What I've always thought about this scam
013
2856
Everythin is a vector
You can join our VIP offers,,
+17
But he has invested in a crypto exchange company ... Strange 🌸🌸🌸
if buffet wont take your crypto, i wont take your crypto.
Tell me you don’t understand the value of decentralized currency in an age where your assets can be frozen for writing on the sidewalk with chalk…
And then he bought…a lot!
Wow I' m just shock someone mentioned expert Mrs Maria jonesthought I' m the only one trading with her
Says the guy who spinkles 1000's on his raisin bran.
I am having a laughing fit. Because multimillionaires don't know the value of Bitcoin and how to multiply it. When I listened to this conversation I was right when I said you don't invest in it you multiply it. And if you know what Bitcoin is for you can sell it right and multiply it right and it's all in a legal way. LMAO! I'm hysterical knowing that multimillionaires don't know that Bitcoin is worth millions if you know how to Buy it and sell it.... Interesting who knew the greats can't figure it out. See this is why you should be careful how you treat people because they will know how to do something you don't know how to do.
I really appreciate all your efforts for the 5btc you send to my wallet you really amaze me sir
Imagine if he did for 5 years... Hahaha
I can't make any sense out of bitcoin.
Cryptocurrency is a very good option if you would like to trade online.
:)
*This message has been endorsed by the U.S federal reserve.”
Every business on this planet is a pyramid scheme so I'm not sure what people mean by that. I don't expect to make the same amount of money as a new hire than the people who's been working in the same position more than 10 years or my boss. I don't think people understand the term Pyramid Scheme and what it means.
I invest with Mrs. Johnson Brina, too, she charges a 20% commission on profit made after every trading session which is fair compared to the effort she put in to make huge profit.
The video effects are cool. THE AUDIO EFFECTS ARE ANNOYING!! Like sentences with all caps. Just unnecessary.
when he makes the pool of people analogy its not too people in the pool is over a billion.. warren buffet is as good as gary vee at chatting shit when it come to protecting there interest. neither care about your investments unless they are making your money!