How a Mathematician Became the Greatest Trader of All Time
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- čas přidán 14. 11. 2023
- Jim Simons used his coding skills to become the greatest investor ever. Try brilliant.org/Newsthink/ for FREE for 30 days, and the first 200 people will get 20% off their annual premium subscription.
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Highly recommend the book: The man who solved the market by Gregory Zuckerman: www.amazon.com/Man-Who-Solved...
Special thanks to the following for permission to use their material:
0:36 The Abel Prize: www.abelprize.no
1:19 Photographer David Eisenbud. Image first appeared in The Promise of Berkeley in 2016: light.berkeley.edu/p/promise-...
Select images/video supplied by Getty Images and Alamy.
Sources:
0:20 Bradford Cornell statistics: www.cornell-capital.com/blog/...
1:22 Archives of the Mathematisches Forschungsinstitut Oberwolfach, Creative Commons licence Attribution-Share Alike 2.0 Germany (creativecommons.org/licenses/b...)
2:27 Kenneth C. Zirkel, CC BY-SA 4.0 creativecommons.org/licenses/... via Wikimedia Commons
2:30 Kenneth C. Zirkel, CC BY-SA 4.0 creativecommons.org/licenses/... via Wikimedia Commons
2:43 IBM Research, CC BY 2.0 creativecommons.org/licenses/... via Wikimedia Commons
3:35 Leonard Banks, CC0, via Wikimedia Commons
5:39 German ledger: RaphaelQS, CC0, via Wikimedia Commons
7:18 Medallion Fund average returns in 1990 by Cornell Capital: www.cornell-capital.com/blog/..., rest of data sourced from Gregory Zuckerman's book
7:27 Data derived from both Greg Zuckerman's book and Cornell Capital Group (58% net return)
8:12 1166 Avenue of the Americas, CC BY-SA 3.0 creativecommons.org/licenses/... via Wikimedia Commons
8:48 Gleuschk, CC BY-SA 3.0 creativecommons.org/licenses/... via Wikimedia Commons
8:50 Government of Thailand, CC BY 2.0 creativecommons.org/licenses/... via Wikimedia Commons
9:36 S&P data by MacroTrends www.macrotrends.net/2526/sp-5..., Medallion data by Gregory Zuckerman's book
11:53 respres, CC BY 2.0 creativecommons.org/licenses/... via Wikimedia Commons
11:56 User:Brendel at en.wikipedia.org, CC BY-SA 3.0 creativecommons.org/licenses/b... via Wikimedia Commons
12:29 Gage Skidmore from Peoria, AZ, United States of America, CC BY-SA 2.0 creativecommons.org/licenses/... via Wikimedia Commons
12:47 Gage Skidmore, CC BY-SA 2.0 creativecommons.org/licenses/... via Wikimedia Commons
12:52 - 12:56 Gage Skidmore, CC BY-SA 2.0 creativecommons.org/licenses/... via Wikimedia Commons
12:57 Michael Vadon, CC BY-SA 4.0 creativecommons.org/licenses/... via Wikimedia Commons
13:06 Gage Skidmore from Peoria, AZ, United States of America, CC BY-SA 2.0 creativecommons.org/licenses/... via Wikimedia Commons
13:22 Gage Skidmore from Peoria, AZ, United States of America, CC BY-SA 2.0 creativecommons.org/licenses/... via Wikimedia Commons - Věda a technologie
*If you enjoyed this, check out my video on the outsider who turned $2M into $20 BILLION, the greatest trade ever* czcams.com/video/1IMsHJI7WjM/video.html
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I realize George Sorrows is very controversial, but I would be very interested in watching a biography on him. Or maybe your take on whether he manipulates or not.
Do an autobiography on yourself! I would definitely watch that video and I'm sure many others would as well.
Can you do one about Jordan Belfort??
Pplo
I’m
Adding Bitcoin in your investment portfolio can enhance variety. Bitcoin's market behavior is often distinct, which can help minimize overall risk. This is one reason investing in bitcoin is advisable.
Gained a lot investing in Bitcoin. It is not rocket science, you just have to make the right moves.
Professional guidance is often what people lack. It's one of the key factors that distinguishes those who achieve their goals from those who fall short.
Do you have any professional recommendations for a financial advisor or portfolio manager? I'm considering moving into Bitcoin investments and need guidance.
I guess you don't know Astrid Iwertz. She is a professional whom I trust implicitly to provide you with proper guidance.
I've seen a few people talk about her, but I didn't pay much attention at the time. How can I connect with her? If I may ask.
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation
I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Viviana Marisa Coelho is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.
I can never catch a break in the stock market. I was up by nearly $4000 but I regret not selling sooner. I think I am too impulsive and not fast enough at the same time.the Market is too volatile.
True, the market makes you feel stupid
With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and making informed decisions. Consider a similar approach.
Wow, I bet that you cannot recommend anyone.
Kristin Amy Rose is the licensed coach I use. In doubt? Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Thank me later.
@@RickMckee-nq4ni you actually gave out that rec for free. You're far too kind!
The problem we have is because Most people always taught that " you only need a good job to become rich. These billionaires are operating on a whole other playbook that many don't even know exists.
Money invested is far better than
money saved, when you invest it gives
you the opportunity to increase your
financial worth.
It is remarkable how much long term
advantage people like us have gotten by trying to be consistently not stupid,
instead of trying to be very intelligent.
The wisest thing that should be on
everyone mind currently should be to
invest in different streams of income
that doesn't depend on government
paycheck, especially with the current
economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
I also keep seeing lot's of people
testifying about how they make money investing in Stock, Forex and Crypto Trade(Bitcoin) and I wonder why I keep loosing. Can anyone help me out or at least advice me on what to do.
Even with the right technique and
assets some investors would still make more than others. As an investor, you should've known that by now that nothing beats experience and that's final. Personally I had to reach out to a stock expert for guidance which is how I was able to grow my account close to $35k, withdraw my profit right before the correction and now I'm buying again.
I had problem comprehending trading in general. I tried watching other CZcams trading channels, but they made the concepts more complicated. I was almost giving up until when i discovered content and explain everything in detail. The videos are easy to follow
I've been making a lot of looses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?
I will advise you should stop trading on your own if you keep losing.
If you can, then get a professional to trade for you i think that way your assets are more secure
I'd recommend Annabelle Hartfield, her profit is great even when there's a dip
it's great to see others who also benefits from the service of mrs Annabelle Hartfield.👍
I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024
Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.
Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
My CFA ’Melissa Jean Talingdan’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
I searched for her full name online, found her page, and sent an email to schedule a meeting. Hopefully, she responds soon. Thank you
“How this investor made millions”
“Their ways are kept secret and all employees need to sign an NDA”
Bernie 2.0
@@iamFSRL ong probably
How he made milions? Call this a cumulated revenue paid by losers (so called traders).
Yep, smells like BS. If any, they had insider information.
definitely@@captaingabi
Renaissance Technologies being "under review by the IRS over a loophole that saved their fund an estimated $6.8 billion in taxes over roughly a decade. In 2008 Medallion made 80% profit while RIEF lost 16%. “Learn the rules like a pro, so you can break them like an artist.”
Look up the money hidden in Bahamas trusts and the whole story, from Colombia to funding the elections. Look at the media strategists and paid articles to create an image that does not minimally correspond to any factual and checkable reality. People really think the guy really knew something about trading ? lol, an exercise in pure gullibility: do not complain if you lose money in the mkt with this level of intelligence 🙂
Crypto is risky as many would say but I think the actual risk in Crypto is not investing, buying the capitulation isn't a tough call, but it is a very tough call to figure out what to do aside holding. I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time
How can one start,most times people don't know where to start when it comes to crypto.
But it would be great if you can provide proper guidance on steps to follow please
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Gomez. A widely known crypto consultant
I'm a beginner please how can i reach out Alex Gomez
@AlexRcoin THAT IS THE USER NAME
THAT IS HIS USER NAME
Telle grams
SHE RESTORED MY FINANCES
Making money is action, saving money is behavior and growing money is knowledge. The basic step to acquiring wealth is figuring out your goals and plans, with the heIp of a financiaI pIanner you will gain rapid financiaI growth and enjoy the benefits of managing your finances.
FinanciaI growth was rapidly gained (gathered over 1M in 2years) through my financiaI pIanner. Got my 2nd house in May, hereby making my goaIs a reaIity.
Whosoever tries this sureIy acquires wealth. Get to her
ELlZABETH GREEN HUNTS.
how can i contact her?
Medallion fund capped out decades ago at ~$10B working capital, so their returns are not *compounding* returns, and they have to take extra cash out. This is because they do short-term trading and there is only so much alpha to capture in that timeframe. So you cannot compare a 34% non-compounded return with a 25% compounded return. Heck, even a mere 10% compounded return will eventually beat a 34% non-compounded return given sufficient time. That said, yes he is probably the best trader out there. They call him the Quant King for a reason.
HOLD ON. This man was accused of being a fraud. Possibly a Ponzi scheme runner.
At that size there is no way to scale further. The only way to outscale the dropoff in beating market inefficiencies is to control the inflow and outflow. Enter Citadel who oversees 70% of all broker volume before it even hits the market. The only problem is that Citadel is also in the hedge fund game and uses that market foresight to take trades before the market actually moves. There is no way to beat that monopoly. Government Anti-trust should have broken up Citadel years ago. Now they're too big, too integrated with market operations, they became part of the too big to fail group..
What you mean? Compounded return is the only real return, the only that makes sense for analizing and comparing returns.
@@michaela7759 Analizing? Oh my!
Two key differences:
1. You will often only get to enjoy your compounded gains after you're old and frail.
2. Compounding takes time to grow money...and inflation also takes time to eat away at your money.
Going the distance matters, but so does the speed. There's far lesser utility for $5 million dollars when you're 80yo versus $100K when you're 35yo.
Title says 'Trader'. But commentator say 'Investor'. Trading and investing aren't the same. Simmons is the greatest trader Not the greatest investor.
The title says greatest trader where did you see investor?
😅 how you say so? He invested money at the beginning to compound for 30+ years , in that sense he's a investor too
Bunch of poor people arguing over a couple of words
If your investment matures early, you become a trader. And if your trade returns is delayed, you become an investor. This breed of humans is called “swing traders with a lot of patience”.
Short-term trading and long-term trading are different forms of investing or speculation.
Fascinating insights! Jim Simons' transition from academia to finance highlights the importance of following your passion, even in the face of doubt. His belief in the predictive power of data paved the way for unprecedented success. Truly a masterclass in leveraging expertise to defy expectations!
Absolutely mesmerizing! This video brilliantly encapsulates the extraordinary journey of Jim Simons, from a mathematician to the greatest trader of all time. His innovative approach to investing, rooted in data, algorithms, and a relentless pursuit of patterns, redefines the landscape of Wall Street. Truly inspiring
The level of excellence in this video is insane. Thank you
A math teacher, a gambler and a financial investor entered the stock market.
fairy tale told by $$$
Thank you for your insights, experience, knowledge, shared information, videos and positive attitude!
As a beginner, educate yourself, Learn the basics of investing and the stock market. There are many resources available online, including books, articles, and online courses. It’s a good idea to diversify your portfolio across different stocks and sectors to minimize risk. I’ve heard of people accruing over $550k during recessions and inflation, its important to do your own research.
Remember that investing in the stock market carries risks, and it’s important to do your own research and consult with a financial advisor before making any investment decisions.
I've been able to scale from (50K to 189k )in this red season because my Financial Advisor figured out Defensive strategies which help portfolios be less vulnerable to market downturns
Would it be okay if I asked you to recommend this specific advisor or company that you used their services? Seems you've figured it all out.
'Vivian Carol Gioia' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon.
Its so dumb that medallion solved the market but refuse to announce their findings. Imagine the ground breaking discoveries waiting in Medallion doors
After so much struggles I now own a new house and my family is happy once again everything is finally falling into place!!
I'm 37 and have been looking for ways to be successful, please how??
Yes she works with people all over the world, she's the best you can ever come across.
@harrisonryder No you've never heard of her.
@lukavincent No she isn't.
@beccamartin223 No, don't.
i think $1 to $1 Billion. that thumbnail. HAHAHAHA
80% equities 20% cash. I plan to take advantage of the s&p 500 as leading indicators predict above 10% rise by this year, my only issue is how to properly allocate a large stock/bond portfolio for substantial gains at minimum risk.
It’s important to do your own research and consult with a financial advisor before making any investment decisions.
I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2008, I was really having investing nightmare prior touching base with a advisor. In a nutshell, i've accrued over $850,000 with the help of my advisor from an initial $150,000 investment.
Who is this person guiding you and how can i reach he/she?
My advisor is a lady and goes by the name Melissa Jean Talingda I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
I'm pleased with the advisor's prompt and knowledgeable assistance. Their professionalism instills confidence. Looking forward to further discussions.
I am interested in this please help me
As a new beginner you need a professional to assist you.
Trading live limited is there to assist you as a new beginner.
Their live support is super active 24/7 for more information.
You will miss a lot of good opportunities to make money online if you don’t have money.
How can I reach her platform?
RIP Jim, 1938-2024
thanks for changing my life and that of my family I will continue to preach about your goodness Foley
WOW, I'm a bit perplexed seeing her been mentioned here I also didnt know that she has been good to a lot of peoples too
this is wonderful, I'm in my fifth trade with her and it has been super.
amazingly she's my family personal broker and broker to many families in the United States, she's licensed broker and a FINRA AGENT in the United States.
You trade with Elizabeth Foley too? WOW that woman has been blessing to me and my family
help me wanna reach her
using telegram
They charge 44% fee over performance and the Medallion fund is restricted to employees and a small number of people.
Their fund open to the public, Renaissance Institutional Equities Fund (RIEF) is not that good and experienced losses.
It's all very strange.
Ponzi maybe?
I remember finding a guy on TikTok about 2 - 2.5 years ago who said he felt like Simons wasn't really doing anything all that impressive, but he didn't go into great detail. He planned to do multiple parts on Simons and his own personal research into Renaissance and the Medallion fund but I lost track of his account - he may not be all that hard to find if I look. I say all that to say I think things aren't quite what they seem with Medallion and there's likely more of us that view Simons' success with suspicion than is known, just because he's a fairly non-public figure.
RIEF tries to capture alpha on a different (*longer) timescale, which is way more difficult. Medallion's core time scale is high frequency, where those returns are plausible, given how much leverage the consortium of banks gave them (10x), but there's gotta be very little of that alpha left now. We will never find out, given the veil of secrecy around Medallion now (no 'external' shareholder)
Thats a bad sign...
Since Simons become master of the Universe with Math, we introduce Brilliant courses about Math.
thank you for the video
If anyone’s looking for any specifics, this is just a general overview
I keep loosing in real trade but win in Demo.
Should I give up on Trade?
What should I do?
How may I do better?
What I'm I doing incorrectly?
I HAVE INCURRED SO MUCH LOSSES TO TRADE ON MY OWN,I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED.
I always advice new members to have an orientation on how it works before getting involved. Trade offers more benefits than just holding.
Kate Floretta
in stagram
Google "katefxfloretta" anywhere take classes and learn to trade.
having a mentor is also very important when it comes to Trade, with out that, it can be very frustrating.
*immediately runs to the library and borrows all the maths textbooks they have*
One of the reasons is that they capped their fund size. As the fund grows, it becomes increasingly difficult to maintain its performance level. You need to adjust the size for every transaction and every underlying asset. You need to diversify the asset class and minds for liquidity risk. So, of course, growth will slow down.
I'm favoured, $30K every week! I can now give back to the locals in my community and also support God's work and the church. God bless America
Please how do you achieve this?
I usually go with registered representatives. Faith Reece has the best performance history (in my opinion) and does offer 1v1 consultation to her capitalists which I think is amazing.
Wow.... She has really made good name for herself, she's also my account manager
Since meeting Expert Faith, I now agree that with an expert managing your portfolio, the rate of profit is high, with less risk.
I agree with you. I'm not here to converse for her but to testify just for what I'm sure of, she's trust worthy and best option ever seen..
I'm sure, that Market Makers are having fun when they hear something like this)
Market Makers love volume.
I usually look up your videos for updates! Our government has no idea how people are suffering these days. I feel for people with disabilities not getting the help they deserve. Thank you Mrs SONIA DIXON, imagine investing $12,000 and received $305,500.
You're correct!! I make a lot of money without relying on the government. Investing in stocks and digital currencies is beneficial at this moment.
Mrs SONIA DIXON was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from sonia dixon.
She must be really dedicated and well trusted for people to talk much good about
The fact that I got to learn and earn from her program is everything to me think about it, it's a win-win for both ways.
I'm favoured financially, Thank you Sonia Dixon. $32,000 weekly profit regardless of how bad it gets on the economy
*I didn't become financially independent until I was in my late 40's, and I'm still in my 40's. In addition to having purchased my second home and earning money on a monthly basis through passive income, I've also achieved three out of five goals. I just hope this inspires someone to realize that it doesn't matter if you don't have any of these things yet, you can start today no matter your age. Change your future by investing! I made a rather big decision by investing in the financial market.*
Investing in many sources of income that are independent on government paychecks is the prudent thing that everyone should be thinking about right now, especially given the global economic crisis. Stocks, forex, and digital currencies are still good investments at this time.
Sure, investing is essential for maintaining your financial stability, but making any kind of legitimate investment without the correct advice of a professional can result in a significant loss as well.
It's really not easy investing or trading the financial market. I read a lot of books, tried to study, watch some tutorial videos, did a little demo before funding my account and I still lost a lot. The financial market could be very tricky
Yeah I have same issue also, sometimes I feel like the market is being manupulated
Trading under the guidance of an expert is the best strategy for beginners.
You just got yourself a subscriber, the level of details and work that went into this, make any other CZcams channel pale in comparison
This was so interesting, I had never heard of him. Thank you!
There's probably a lot of folks out there like him that we'll never know of.
Hey!! Love your videos!!! They are of such a high calibre!! Love your mission to spread science to everyone!! Keep it up!! ❤🎉
Her Subscribership climbed really fast when She started her channel from Toronto where I am. She's Great! She did it all SOLO too!
The quality of her speech must be helpful for those learning English as well. She can handle any kind of subject matter with apparent ease. CZcams prefers you stick to one area. They got to put you in a slot.
As a Canuck living down the street from Cindy, I guess, I wish more Americans would be more aware of the horrible dangers of re electing trump to the free world.. She is a fine journalist. One of the best I think. I worry about her discussing politics but very much appreciate her great intelligence and maturity. She really does make that guy look dumb and immature by comparison. I almost wish she could start another channel without affecting this one, maybe even save the World.
He buys out every legislator. Easy to win when you are on the side that make the rules.
I like this lady's voice and story flow
Thanks
Zuckerman's book is a great read. Def worthwhile. Simons NOT the only person to solve the Markets. Another fellow by the name of Ed Thorp "A Man for All Markets" also developed a very successful algo that had a impressive win rate. Simons surrounded himself w very smart ppl that built the systems of Jim's vision. Simons personal life very tragic in many ways. Went through some very tough family crisis and loss. Money is Not everything. But it certainly beats being poor!
Yes, I agree. I've always found it interesting that so many stories about "life's tragedies" come out regarding the uber-wealthy. Their stories are always meant to inspire, but it's such a tough pill to swallow for poor, or working class families who deal with the same kinds of tragedies, but don't have millions or billions of dollars to coast on. There are countless inspiring stories of those who are able to put their boots on following a horrific loss of a loved one, and return to their mundane jobs, just so they can continue to pay bills and feed their families. And alas, because they are so average, so numerous, and because they've never focused on becoming famous and/or wealthy, their stories are rarely written about. But, if one stops to smell the roses, and talks to a neighbor or two every now and then, you can hear and share such stories with many of the people who actually give economists like Simons the opportunity to extract their wealth.
I don't want to take away from Zuckerman's book, but what i will say. He had some personal family tragedies that shook him greatly. Wasn't sure he'd make it back to RenTech
Ok enough. I've reviewed his assets. The 'majority' of his growth was from retained assets not from growth. Currently his fund is losing growth and he has closed off purchases into his fund.
I would also like to know what tools or software you use in your trading. I would be grateful for any information.😇
I rely on understanding the algorithm that actually runs the market.
Medallion returns aren’t compounded. This is very misleading.
The fund is capped at an est. $10bn, and every year profits are taken out, they technically can’t be compounded or else Medallion would be managing hundreds of trillions by now.
So no, if you invested in a BRK, you’d be better of
I currently participated in a liquidity mining and earning 2-3 % as daily passive income, Strongly recommend,
The current economy is unnecessarily tougher for some most people, myself included. I’m used to just buying and holding assets which doesn’t seem applicable to the current rollercoaster market. Plus inflation is already catching up with my $310k portfolio. I’m really worried about survival after retirement.
The government has let us down; just buy gold.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Thank you for sharing, I must say, Debra appears to be very knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call
@@traviswes7082 the Melissa is goose....the bitcoin it make me millionair
That elderly driver would've gotten arrested anyways lol
why is it we never heard about this back in 1988, I was looking for a way back then to learn to invest. Back then you needed a minimum of 5000$ to trade...
PLEASE ADVISE ME.
I was told to spread my money across different things like stocks and bonds to protect my retirement savings.with the markets being shaky,I'm considering going into Trade. options like Trade Bitcoin or Trade Forex?
I HAVE INCURRED SO MUCH LOSSES TO TRADE ON MY OWN,I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED.BE CAREFUL OF BOTS.THEY'RE MAKING IT DIFFICULT TO FIND A LEGIT MENTOR.
I always advice new members to have an orientation on how it works before getting involved. Trade offers more benefits than just holding.
Kate Floretta
in stagram
Kate Floretta
Face book
She Trade for Celebrities & could Mentor you.
Absolutely love the way this video was formatted and the visuals were on point. Answered all quesitons which is way better than what most teachers are doing these days Swaggy. Massive thumbs up. And hats off to the production team. As a videographer I know what it takes to make videos like this.
This should be a movie
The robospeech rumbled my tummy
lol. It’s real person talking
Stories like this inspire people to go into trading and investing. Keep it up
A brilliant mind with a good heart. He definitely deserves what he has achieved.
Regarding the very end of the video, It takes more then great math and algorithm skills for great life long employment. It is too easy to get trapped in a job that needs you but does not reward you and takes you for granted.
11:50 Is the RIEF trading anywhere? Or is it through select brokerages for Institurioinsl Investors/Accredited Investors only? Anyone? Much appreciated.
One day the real truth will come out until then keep pushing that 100 bucks story
Hi. I'm interested in knowing the real story,care to share? Thanks!
are there any funds like medallion which are started by Ex Renaissance Technologies employees
Your trading style is very refreshing compared to other traders out there
Do not underestimate the power of getting in early. If you are not in Xeventy now, you are lagging behind.
Sounds like a smart guy and best trader but that fact he canned a partner for political views is crazy I wouldn’t fire or ask someone to resign over politics or bribes he could have easily made that money later since he was so good I put morals and integrity over money
I currently participated in a liquidity mining and earning 2-3 % as daily passive income, Strongly recommend,
When every fund will be using the same techniques (and that day is coming), then a stalemate will happen and there will be a need of a new, different kind of genius.
There will never be a stalemate as the market is so complicated it will never be a perfectly solved problem as there are so many unknown variables. It will be nearly impossible for the average joe to make money trading however.
I hear what you're saying. But we must remember, AI. That is going to create very clever (and FAST) trading strategies. And do other things to spoof (manipulate) the market.
ie, move the bid/ask spread around, flooding the market with buy/sell orders (they immediately cancel). Do this a couple million times a day.... a nickel and dime a trade, etc.
Of course, you and I will be at a great disadvantage.
Naked short selling.... Since the SEC doesn't enforce their rules, you can expect shenanigans.
etc...
Отличная информация, попробую обязательно!
It's crazy how your tone changed when discussing Trump.
One of my regrets in life is that I did not major in Mathematics in college even though I loved math so much.
I currently participated in a liquidity mining and earning 2-3 % as daily passive income, Strongly recommend,
This guy is actually awesome. Not being sarcastic. He’s chill.
Nope.
True Legend and Inspiring human, you'll forever be on the top in the industry Rip💙🕊
Thank u for this. May i ask, when u first decided to turn this into a career, what were the first steps u took in terms of really educating yourself? And what was ur initial investment and the amount you started trading with. Thank u again.
A true pioneer of the game, there are now AI applications being used the trade ES/NQ using algorithms originally pioneered by Renaissance.
Really? What are they? I thought Renaissance's algorithms aren't public?
Great video, trading come with a lot of benefits And I have just bought my first house. As a beginner I was scared of loosing but I’m glad I took the bold step that is now favoring me
As a beginner, it's essential for you to have a mentor to keep you accountable. I'm guided by a widely known crypto consultant
Mrs Nancy almodovar
Mrs Nancy was my hope during the bear summer last year. I did so many mistakes but also learnt so much from it, and of course from Nancy. She is my number one when it comes to crypto and TA.
The asset boom we've lived through and which defines who we are as Americans began in the 1980's. It was sharp tip of the spear people today call American empire. What people don't understand is that the value of wealth assets is in a zero sum relationship with the majority of the population that doesn't own these assets. Many people mistakenly call this majority 'labor', but that is a mistake. The non-asset owning population is much greater than labor. It's everyone that isn't an owner of wealth assets, plus it's the aggregate of all of us as well - what you would call society. Remember that it was Margaret Thatcher who said prophetically, "There is no such thing as society."
Thatcher was referencing laissez faire economic ideology when she said that, which in a is the ideology of the 19th British Empire and the American empire of the last 100 years. In a nutshell, it claims that private, income producing property is sacred. Assets alone have value, not people. Asset owners, by direct implication therefore, also have value not because they are people but because they own the assets. It's a sick ideology that is responsible for the misery of the world's last 7,000 years of private property ownership. Capitalism is just the latest expression of this legal reality.
The reason I bring all this up is to point out that the 66% average return by Renaissance is and was amazing, but could only have occurred in a world configured for this type of success - the world of asset supremacy over the rest of the population and the necessary fiscal austerity that accompanied it. Those days are mostly behind us now. The assets that have value are now denominated in non dollar currencies, and the strategies for success are that much more complicated. The weight of one market over another is changing and will continue to change, creating a dynamic if not volatile trading landscape where risk will become the elephant in the room. Compare this with the relative tranquility of the 80's and 90's, which have become known as the period of Great Moderation. Those days are over. What comes next is anyone's guess. It front window won't look anything like what we see in the rear view mirror, that's for sure.
For not wearing socks, i like him
Your reports are always so original. This, for example, was never mentioned before, anywhere...
Actually I remember seeing a video about Simons very similar to this back around 2017. Many of the same images, timetables, everything. But alas, CZcams can be very algorithmic in deciding what and when they will show you things. I'm sure if you dug deep enough you will find more like this. Hope that helps. :)
No doubt this man would have discovered the cure to cancer had he stayed in the medical field.
He probably needed to, Man is a habitual smoker!
Doubtful, his medical work would have likely suffered due to mind always drifting towards the mathematics of how to become rich. It's like thinking that a warrior like Joan of Arc would make a great politician, or that Nikola Tesla could have become a composer to the likes of a Richard Wagner. Some people may just be born to do what they love to the best of their extent. Interesting thought experiment though.
Oh, so he’s Madoff without fraud
His real returns are literally higher than Madoff's fake returns lol
Simons knew WAY before any of the Federal Agency's that Madoff was a scammer and a fraudster.
And yes.
This is a series of stock video clips.
Warren Buffett net worth $118 billion. Jim Simons net worth $30 billion!
In what amount of time?
Buffet was more lucky than good. He rode the general market and hit on a couple of mega stocks. He does not diversify well at all. Basically he is a gambler.
@@OldLion64 Actually no, he's an economist - looks at the business, analyzes the income/expense ratios and that's about it. The speculation is the gambling part.
You're a very good storyteller and your voice is soothing.
Nice guy too..often see him walking in a park that he dedicated to his late son
DCA is the most powerful investment technique there is, especially in the emerging Crypto market. You can do it daily, weekly, bi-weekly, monthly and even yearly. Considering compound interest, it's amazing the stack you can build over the next three years by doing this. I personally do this daily. The crypto market is volatile, so it's hard to figure out where Bitcoin is going to be the next day. In order for this to work, you have to have faith in the market.
I always click instantly and come to comment "1st", but there's always someone 😅
I currently participated in a liquidity mining and earning 2-3 % as daily passive income, Strongly recommend,
I frequently hear people discussing the returns they earn from investing in Bitcoin and Forex. As a beginner, how can I get started with it?
Investing without a thorough understanding of the market is not recommended. I suggest consulting with Expert Rosie for guidance.
Rosie excels in market analysis. Her signals are accurate.
My friend has been mentioning this woman Rosie to me. I'm considering giving her a try to see what she can achieve in the market.
When someone is direct and proficient in their work, others will always advocate for them. In my opinion, I would recommend giving expert Rosie Harley a chance, and you'll be glad you did.
I'm not here to converse for her but to testify just for what I'm sure of, she's trust worthy and best option ever seen
Have you ever seen a philanthropist give one dollar directly to a poor family? Never.
Neymar and Airton Senna helped a lot Brazilian people. But the media never show it, it doesn't sell
3:23 no socks because it takes time...... But wearing a tie...
He s the greatest trader ever is debatable! First trading and investing are not the same. 2nd he should take part in Robin cup to see if he really is the man!
The ad at the end is brilliant
it ruined it for me. It went from a deep thought on how on one side there is so much potential in what we can do with our lives and on the other, the reality of our mortality and how after earning a certain amount, does it really matter?
@MubashirullahD What a great point. My wealth is my loved ones. Stay safe.
Who uses their algorithms and Programm today?
30 years? I'm already 50. I don't know if I'm gonna be around another 30 years.
in his public hedge funds, he is losing billions for pention funds and private investors . this at least smells bad as his closed fund dose great . some thing is wrong
I forgot where to find that information.
I currently participated in a liquidity mining and earning 2-3 % as daily passive income, Strongly recommend,
The algorithm that works for 10 billions doesn’t work for larger funds
@@IR-xy3ijwhat type of trading do you do?
He can be the richest person if he invested more and not sharing to his employees. What a humble guy.
nope.
I would like to ride a chariot pulled by running horses instead of running by myself. you understand what I mean. Key of growth and success is to hire brilliant horses.
@MRBEYG that is all billionaires do, but few will share a chunk of stocks to its employees.
Guess he never took vacations in Caribbean. He'd wear socks there , just to curb the MOSQUITOS😊
I currently participated in a liquidity mining and earning 2-3 % as daily passive income, Strongly recommend,
he is trading not investing but now if you want to trade and do it like a quant you are battling his algos
He could have collected data about behaviour of old car drivers and cyclists in Stony Brook.
He could have collected data about fatalities free divers in Bali, and
Could he have created a mathematical modelling to predict outcomes &.....prevent them.
But alas, everything is not mathematical...... There's much more to this Universe than just mathematics.
He gained by logic lost out on emotions......
I currently participated in a liquidity mining and earning 2-3 % as daily passive income, Strongly recommend,
I turned $1 into $4 !
😲 wow
They still exist. I have found a few that I repeatedly trade .The thing is, Knowing that actually discovers any of these will ever share them. If they did they would quit working
Interesting thought. Although I'm not sure that everyone would be able to execute correctly even if they understood the principles. Therefore a certain amount of predictable chaos will always be at play. It's a good head scratcher to think about though.
I currently participated in a liquidity mining and earning 2-3 % as daily passive income, Strongly recommend,
So how do you invest in Renaissance ???
Ex glowie. 100% inside trading.
I currently participated in a liquidity mining and earning 2-3 % as daily passive income, Strongly recommend,
I’m sure the J had nothing to do with it lol
Yup looking like lvls of Oy vey are getting critical
My heart bleeds for his cycling son that got hit by a car and the driver who also died days later. And for the second son that drowned and died. 😭😭💔💔
Why did all of that happen? 😭😭
That elderly driver would've gotten arrested anyways lol
@frommarkham424
I guess it wasn't intentional, and that's probably why she was traumatised.
@@frommarkham424
I guess it wasn't intentional, and that's probably why she was traumatised.
It shows you that even if you are very smart and become rich, tragedy can still strike without warning.
@@terry_willis
So sad. 😔