00:53 Chapter 1 - First Million 04:43 Chapter 2 - Mean Reversion Strategy 09:23 Chapter 3 - The Kelly Criterion 12:13 Chapter 4 - The Equity Business For more information about Ren Tech, you can buy Zuckerman's book on Amazon here - amzn.to/34ywJom
@philipkung72614 жыл бұрын
MLP m c
@Uday7774 жыл бұрын
I watched this video 3 times I still want to watch it again its so knowledgeable
@selinagooglethestvekstrate81024 жыл бұрын
Very educative tutorial with well detailed information I appreciate, *The Semyon Tchernenko Strategy* was the only way i was able to get results. You can Google it.
@Uday7774 жыл бұрын
@@selinagooglethestvekstrate8102 thanks Selina will look it up
@Finaius3 жыл бұрын
@P Delta Check description
@RosaLei9 ай бұрын
RIP Jim Simons -The Legendary Genius Investor died today 05/10/24 -I linked this video to my friend last night and told her "This inspires me greatly!" Sad to hear but oh what a legacy he left. 🥰
@wanshepatrick3889Ай бұрын
RIP to him
@ai.simplified..3 жыл бұрын
16:30 Don,t give up keep persistance 6:28 mean reversion strategy 7:02 stochastic(random) process 7:30 machine learning !!!!! @1980 7:54 kernel methods 1st to use mon_linear_,regrresion,pattern&clusters even correlations 8:48 8:56 high dimensional kernel regression works how long a trending will last 9:17 Combine mean reversion with trend following 9:27 20% return 9:28 game&information theory so they focus on shorter term traits to reduce risk by in&out quickly short term approach 10:32 kelly criterion or scientific gambling method 11:18 anomaly isn,t random with big data 12:42 starting equity business 13:50 natural language processing in 1990 wo0ow 13:07 Robust ability to hire talents
@trappart9209 Жыл бұрын
Great points, thank you 🙏🏻
@nobitanobi8888 Жыл бұрын
Machine learning in 1980, fucking hell...
@ai.simplified.. Жыл бұрын
200 likes , thx Maybe it’s time for me to become youtube content reviewer.
@TheMrAdhitya5 күн бұрын
You sir have done really good. Sincerely thank you
@sassydesi79134 жыл бұрын
So he didn’t take a course from Udemy or one of these bazillion social media traders?
@andrewgarcia31364 жыл бұрын
Course sellers certainly aren't making their money in the market haha
@define74334 жыл бұрын
If you take a course make sure you learn business and not stock prices
@biggestskaterfailkid4 жыл бұрын
Just taking a guess here, but I also think he didn't blow his entire life savings chasing Robinhood recommendations. 😂😂😂
@Chillos1004 жыл бұрын
No it was because of skillshare
@user-hi9gl6ud2o4 жыл бұрын
Wkwkwk
@darrienjames303 жыл бұрын
This is a great documentary. It’s encouraging to see academics leverage their knowledge in the market.
@lukejohnson96962 жыл бұрын
Yea only that he inherited a small fortune from his dad already. Like any other rich dope..
@danielhutchinson660410 ай бұрын
Robert Mercer figured out that even more profits were available to those who manipulate Political Elections. After proving that He could get any Idiot Elected to Any Office in 2016, Simons asked him to go away. Mercer appears to have franchised his Election Marketing methods to serve the entire Planets desire for profits. Installing the Proper Political Prostitute in the appropriate position, can create even larger profits.
@Goonfn999 ай бұрын
@@lukejohnson9696where is your source?
@jewelluiАй бұрын
You must be new, academics has dominated the finance industry for decades already.
@cantripleplays24 күн бұрын
@@lukejohnson9696I mean sure, but whether or not he inherited a small fortune he’d have enough money from working as a professor even after student loans. There’s no need to act crazy.
@ZenTradeGame4 жыл бұрын
Your videos are so immersive, and clearly you did a lot of research. Well done!
@Finaius4 жыл бұрын
Thanks
@betonitcso3 жыл бұрын
Simons is a simple man. No returns? Math. Not enough returns? Hire mathematicians. Still wanting more returns? Hire more mathematicians.
@storyofeverything5522 жыл бұрын
Rofl
@maximilianwenker9162 жыл бұрын
Not that easy The mathematicians cost as well If you hire too many mathematicians you will inevitably face less return at some point
@ezwa9979 Жыл бұрын
Yl U think U hav a kEn observation, U didn’t notice B4 beneath & beyond his intuitive hiring of this or that excelling mathematician, was intuition. even if one is using understanding, math, AI, & so on, etc., as navigation tools.. before even that is awareness creativity, etc.- many have said monkeys have traded better then experienced brokers, but he has adapted that creative adaptive mind a monkey or any being might have- & used it with the understanding, measuring, etc. tools you HAVE noticed in your funny comment✋😉. It’s like this, no matter how good 1 is at math, thA’v gotta Use the force(which is actually thE ebb.-btw)
@johanconradie2120 Жыл бұрын
simple Simon says
@aN0nyMas10 ай бұрын
single life no wife? hire a mathematician.
@BlackSwan-sq2iw3 жыл бұрын
Being good at math really pays off in today’s world. Top math graduates who ended up in the top quant trading firms can expect half a million dollar package in their first year out of school. Even those who do make it to the top firms can expect couple hundred thousand.
@atimko1234 жыл бұрын
Interesting that Jeff Bezos used to work at a quantitative hedge fund in NY. He certainly knew the power of mega trends, large numbers and mass Market inception.
@namz2k114 жыл бұрын
how can i learn more about what you said e.g would you recommend me a book?
@duncanj2064 жыл бұрын
Read "The Everything Store"
@pajeetsingh4 жыл бұрын
Never knew it. I thought he flipped burgers. Source on what you said?
@sadmillionare35424 жыл бұрын
over analyzing
@LoliWaifuz3 жыл бұрын
@@pajeetsingh flipping burgers is what the rich guys like to say to make it sound like they started from zero. Jeff bezos was a smart and talented guy who did well in school and after a few roles, ended up in DE Shaw, another very prestigious quant fund.
@lizgichora64722 жыл бұрын
So smart; ' hire the Smartest',' persistence has a lot of value along with patience. Thank you for this brilliant lesson Jim Simons.
@danielhutchinson660410 ай бұрын
How smart is "Smart"? Where do the effects of intelligent efforts directed at a goal, run into the actual day to day existence of Humans? Simons ran into conflicts with actual application of the principals, after enabling other "Smart People"......
@kentvandervelden2 жыл бұрын
The Oswald Veblen Prize in Geometry may be the most prestigious prize in geometry, not sure, but the Fields Medal is often considered the Nobel Prize of Mathematics, 3:34. Wonderful video!
@warsame02084 жыл бұрын
Correction - *Fields Medal is equivalent to Nobel Prize* not Oswald veblen prize, although it is still a very prestigious award
@nabeelhasan65934 жыл бұрын
People don't understand the value of Fields Medal because media over hypes Nobel too much
@borntodoit87444 жыл бұрын
We the public ...don't care about medals ...we care if you contribute materially to human endeavour. ...like Madam Curie have you saved lives,
@daveausmunchen77874 жыл бұрын
@@borntodoit8744 Yeah like mathematicians don’t contribute anything to society😂 Just one name: Carl Gauß Good luck trying to argue that one
@SumerianDays2 ай бұрын
Fields medal 🏅 For Alexander Grothendieck, a real genius
@cantripleplays24 күн бұрын
@@borntodoit8744the consequences of mathematical findings reach beyond their immediate impact.
@TheNeroNoctis2 жыл бұрын
Great video, keep it up! I think one key information missed out is the fact that these mathematicians had ownership in the company . If one of them made a winning formula they all profited. I think that was one of the key ingredients for Renaissance Technologies success.
@gustavom87263 жыл бұрын
Woah! This is a super tier quality video. The quant developer comments are super accurate and well explained!!
@bdcopp4 жыл бұрын
Most people would say the fields medal is the highest prize in mathematics.
@Finaius4 жыл бұрын
True.
@TheDhauladhar4 жыл бұрын
It IS the highest prize in Mathematics, but that would be for the rest of the world, for us the hapless lot. For those who believe there is a sharp fall into nothingness beyond the borders of the US it's that - the Henry Oswald's Medal for excellence in Subtraction 😎
@DavidSaintloth4 жыл бұрын
Most people are correct , Oswald Veblen is focused on geometry and topology. The Fields is general mathematics.
@ipenguin39184 жыл бұрын
I thought so also. It's referenced in the movie Good Will Hunting.
@nc80873 жыл бұрын
I would say the Abel prize
@sacrydis94764 жыл бұрын
Keep up the great work! The quality of your videos are absolutely staggering.
@Kelberi3 жыл бұрын
Don't give up! Stick to it if you believe in it.
@paulking20393 күн бұрын
He also said, don't try forever. Also good advice, because there is stuff that works, 66% a year would by fine for most people. Capitalize on what does work. Although he was winning around 80-90% of his trades, which with compounding is much much higher over a year than the claimed 66%. In the 2000%+ a year range, maybe higher.
@branv82 жыл бұрын
I discovered your channel yesterday, and have to say your contest is great, your dialogue, you dont make it boring and it is so detailed. Thank you! And I barely comment.
@goodkidtay3 жыл бұрын
The last minute of this documentary really comforted me .. been really low lately , suffered heavy loses with a strategy i thought was fullproof 😣
@---zg7ex4 жыл бұрын
your video on simon is by far with the most insights
@Finaius4 жыл бұрын
If you have any questions about this video, add me on LinkedIn - www.linkedin.com/in/rocky-xu-0487498b/
@DanT-iu6oc4 жыл бұрын
Jim Simons apparently also the CEO of Evil Corp lmao
@lordcummings14814 жыл бұрын
facts we got phillip price all pver here
@Linkinpark4life3334 жыл бұрын
Bro they look so much alike
@lordcummings14814 жыл бұрын
@@Linkinpark4life333 lmao we all gonna bow down to e corp now
@lechar924 жыл бұрын
from the miniature of the vid, I thought it was a shot from Mr. Robot
@DEEPANJANBISWAS3 жыл бұрын
I was thinking they put a clip from Mr Robot there😂. Edit: they really did. 4:08
@shabbirchowdhury61422 жыл бұрын
I have seen a few of your contents and it's really detailed and with new insights. I have been following Jim Simmons of RenTech to understand his strategy. You are first one to have broken in down. Brilliant well done.
@mkwok474 жыл бұрын
This is such a perfect video and channel that was just waiting to be made , thanks so much
@Finaius4 жыл бұрын
🙂💞
@Trancer0063 жыл бұрын
That quant developer's voice is great ASMR! Would like to watch more of his analysis.
@Alvaroeduardo4 жыл бұрын
This is a great channel, loving the uniqueness and depth of presenting the info. Keep it up, I´m in.
@Finaius4 жыл бұрын
Thanks! This means a lot!
@aonutube4 жыл бұрын
Ren Tech: Billions and billions US Gov: We printing them as fast as we can.
@dominiksitarek14484 жыл бұрын
Good video. No need for unnecessary over dramatisation of his life and strategy, it is inherently interesting.
@OurNewestMember4 жыл бұрын
Well put. This was an excellent production all-around
@GOlone95973 жыл бұрын
Never knew Greg Popovich is also a great trader.
@mmaranta785 Жыл бұрын
And he didn’t even have Duncan
@johncox58398 ай бұрын
Kawhi not?
@chenxueou24254 Жыл бұрын
“The editing and production of the video was excellent and very impressive.
@ignacioalmara23334 жыл бұрын
The longer the video the better. Thanks man
@Finaius4 жыл бұрын
Thanks for the advice!
@manojramesh24894 жыл бұрын
I’m a simple man I see valuable content I sub
@roycreditmasterfix.comeras51334 жыл бұрын
I got the best strategies to win trades with the help of the best trade analyst, I have won 8 of my 9 trades recently with his help with a profit of $7900 in just a week. [Mastershack D O T net]
@lynnkoeffler83263 жыл бұрын
The time frame on which a trader opts to trade can significantly impact trading strategy and profitablity. It really comes down to which trading style suits an individual trader's circumstances
@bernddamian95193 жыл бұрын
Each second the markets are open provides an opportunity to earn really good profits. Yet not every seconds provides a high-probability trades
@stevenjacobs53103 жыл бұрын
@@bernddamian9519 it's best to take trades that's align with your trading plan and offerer good profits potential for the risk being taken
@susanbaxtron84223 жыл бұрын
Avoiding bad trades is just as important to success as participating in favorable ones
@fosterwhales10273 жыл бұрын
Trading is hard work, I lost so much money these past months and I can't seem to figure out what I'm doing wrong
@lynnkoeffler83263 жыл бұрын
@@fosterwhales1027 Most traders make the mistakes of trying to trade on their own, with out having required skills to benefit from the market. I was once like that but it all changed thanks to an expert
@tnsrs27192 жыл бұрын
Always ahead of the competition. Forever innovating
@markyzentana75403 жыл бұрын
very informative, best video about Jim Simons so far and his success in trading, etc
@CHASTAK Жыл бұрын
Jim Simmons is one of my heroes
@MrJupton14 жыл бұрын
Lot of great info and wealth to be gleamed in this short video! Thanks! Always thought that what Simon's did in the market was/is much great than Warren/Charlie duo.
@mobydick38952 жыл бұрын
But other than mean reversion, he is not revealing what they are really doing. Similarly, Buffet keeps talking about "all you have to do is find when a stock meets this criteria" but nobody knows how to test every stock every day for some scads of different criteria. They are hiding the key features of what they are really doing. Beleive me they are not going to give away the store.
@omnipotent9919 Жыл бұрын
@@mobydick3895 true af also some said "Buying stock and forget it" lol this is really suck
@Raymondjohn2 Жыл бұрын
Great video, I've been interested in investing ever since I came across articles of people making up to $150,000 and more in this period, thanks for the video but is it really possible for a retail investor to achieve this in months?
@lipglosskitten2610 Жыл бұрын
I've purchased numerous stocks in individual firms. Because there are so many stocks that will skyrocket in the long run, it is currently safe to buy in on ETF and ride it out. Due to fud, I sold out early, but then retraced my ways and re-invested $350,000 with a financial advisor who manages my account. I received an 82% return last year and will see where it goes this year.
@martingiavarini Жыл бұрын
that's quite impressive, you surely made a good bit of money. I myself invested in warren's BRK-A stock quite pricey but totally worth it.
@kenanporubsky2122 Жыл бұрын
@@martingiavarini I just started a few months back, I'm going for long term, I'm still trying to wrap my head around it, who’s this advisor you work with ?
@martingiavarini Жыл бұрын
@@kenanporubsky2122 'Christine Jane Mclean’is the coach that guides me. She’s a verified coach and she helped me see that returns can be made in both bull and bear markets. She covers things like investing, insurance, making sure retirement is well funded and looking at ways to have a volatility buffer for investment risk, lots of things like that.
@kenanporubsky2122 Жыл бұрын
@@martingiavarini thanks for sharing this, I am in conversations with your advisor, and she really has substance, having interviewed her properly and reviewed her model, I am hoping she takes me on quite seriously too
@subodh.r48353 жыл бұрын
Very inspiring. Thank you so much. Imma go use mean reversion in my algo trades now, for a start
i have now spent a week learning deep learning and neural networks to make a model. wish me luck
@islandparadise4 жыл бұрын
Best video summarization on this topic on KZbin. Great videos keep it up!
@morris44304 жыл бұрын
My trading strategy is based off his principal of quantitative analysis. I retired at 29 and have been retired for the past 14 years. Trade like a casino my friends and you will make more money than you can ever imagine.
@jules71684 жыл бұрын
Hey, could you direct me to some resources that have helped you? Thanks!
@morris44304 жыл бұрын
@@jules7168 Google TastyTrade
@GrantRTanner3 жыл бұрын
Did you trade manually or systematic?
@morris44303 жыл бұрын
@@GrantRTanner Strategy is systematic and execution is manual. The reason is because it's not possible to trade algorithmic when it comes to selling options at the moment. Maybe one day in the future when technology is more advanced.
@GrantRTanner3 жыл бұрын
@@morris4430 i wonder...I trade options systematically through TD Ameritrade's API with code.
@tekitougyokuro8957 Жыл бұрын
ジムシモンズとルネッサンステクノロジーの手法について簡潔にまとまってわかりやすいです
@tonyl63853 жыл бұрын
Excellent as usual. You have the most intelligent, inspiring channel on YT. Great job.
@ForwardNewsToday3 жыл бұрын
16:21 that girl is wearing a civic cryptocurrency shirt and she’s talking to Simons? There’s a huge clue as to which company’s crypto is backed by rentech
@ednan94 жыл бұрын
Non linear systems are so random that it’s extremely tough to model- perhaps the short term trading helped as for the long term this model can’t work.
@IwinMahWay4 жыл бұрын
His average holding time is 2 days so yeahh
@borntodoit87444 жыл бұрын
@ednan9 lesson in life Always two ways to solve a problem. The hard way and the easy way. If it's too difficult then your obviously doing it the hard way stop and think what's the easy way.
@dom25554 жыл бұрын
arima models are non linear and perform well in the short term, just that though, has to be constantly retrained, that's why they don't do long run investments, most of machine generated trading is based on that.
@dom25554 жыл бұрын
@@franz5255 I doubt it as well, but not exclude it, could also be a more advanced system, still based on the same underlining principle of arima
@sasha45983 жыл бұрын
@@borntodoit8744 this is something worth tattooing!
@jainroy9204 Жыл бұрын
It was so resourceful ...i will make it happen at least 1 billion.....I stared with some strategy which give very good returns now I guess I need powerful computers so that we can examine the entire market view in Deep
@ChyeHeng172 жыл бұрын
The level of the detailed research is so impressive. And I really like the flow of the story. Clearly explained to get the big picture. Can you share how did you find some of the so on-point relevant background videos?
@doostboost2 жыл бұрын
Some of the clips are deepfakes
@ChyeHeng172 жыл бұрын
@@doostboost never thought of this. No wonder it kinda look weird sometimes. That’s a great use of very relevant background but still having the right faces. Thanks Dusty for sharing. Appreciate the help.
@walterescalante61412 жыл бұрын
@@ChyeHeng17 hahah yeah this some are deep fakes. it look strange to me how it look like scenes taken from a series or documentary haha.
@rakboperera62152 жыл бұрын
Brilliant content. So glad one of your videos popped in my recommendations and now I’m hooked.
@reese53043 жыл бұрын
i think Jim Simons was the inspiration for The Architech in the Matrix. also the word "anomaly" is always in use
@alexasecas59307 ай бұрын
SHE RESTORED MY FINANCES
@alexasecas59307 ай бұрын
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.
@alexasecas59307 ай бұрын
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.
@alexasecas59307 ай бұрын
Whosoever tries this sureIy acquires wealth. Get to her
@alexasecas59307 ай бұрын
ELlZABETH GREEN HUNTS.
@Laugh-Live-Love4 ай бұрын
Go away
@avgb21153 жыл бұрын
ending the video with superman, hans zimmer flight theme, gave me chills
@abdullahsaleem78654 жыл бұрын
The mixed fillers scene in video with Mr robot. Cool edition and also great content
@josephmartin6219 Жыл бұрын
Persistence has a lot of value and something that's really worthwhile can take alot of time to come to fruition and you ought to have patience if you believe in something to stick with it. - Jim Simmons Timeless Advice from a great mind.
@BUCTHA43 жыл бұрын
Even the best trades and the most profitable trading strategies won’t be effective without strict money management rules in place to protect your winning trades and grow your portfolio
@Josep613 жыл бұрын
you sound quite experienced maybe you could give me one or two tips on how to overcome my struggle with series of reoccurring losses
@BUCTHA43 жыл бұрын
@@Josep61 Actually, I’m under an investment management service provided by an expert fund manager Mr Ronald B. Furey
@Josep613 жыл бұрын
@@BUCTHA4 How do you go about your trades with him? walk me through the process if you don’t mind
@BUCTHA43 жыл бұрын
@@Josep61 It’s actually easy on my end, all I have to do is provide capital, stand by for withdrawals and follow up whenever I need to learn some professional tactics while he does all the trading. I owe all my success to his contributions to in my swift and consistent profit earnings
@Josep613 жыл бұрын
@@BUCTHA4 How do you handle the risk of him failing to deliver or simply stealing from you also what’s your average take away in percentage??
@CharlenePurdyАй бұрын
Wow, technology is improving so much! I think trading is becoming easier and easier. I'm trading on Step finance now, and everything there is well-designed and interesting.
@nurdauletkemel81554 жыл бұрын
Great Chanel, thanks for sharing. I guess I joined early, looking forward to surge in number of your subscribers)
@Finaius4 жыл бұрын
haha, hope so!
@roycreditmasterfix.comeras51334 жыл бұрын
I got the best strategies to win trades with the help of the best trade analyst, I have won 8 of my 9 trades recently with his help with a profit of $7900 in just a week. [Mastershack D O T net]
@VampirusX3 жыл бұрын
Great last words! Only if you give up you loose! Fight, loose, go back to the drawing board and exceed!
@Iamjacob-x3o4 жыл бұрын
Melissa’s strategy is very insightful
@melii-h3r4 жыл бұрын
I’ve been earning more than ever with her
@tarshiabrown6394 жыл бұрын
With the help of her strategies I have been able to accumulate up to $27,850
@fordtom36694 жыл бұрын
Her openness towards my trades is overwhelming.
@fordtom36694 жыл бұрын
Melissatradeservice gmailcom
@janebentley30414 жыл бұрын
@@tarshiabrown639 I’m earning $9500 consistently
@carreymetah2520Ай бұрын
He's a legend... I will never pay for a course 😅 KZbin is offering just enough 😌
@soloqueueonly28504 жыл бұрын
I pass his hedge fund driving alot and I dream that I can make it like him one day.
@ShabnamKhan-gg4xf4 жыл бұрын
Ofcourse you will mate, hey you seem to be a good potential for the financial industry, let's connect! DM me on IG@cxo.farhan
@lilbykings2 ай бұрын
Exceptional video editing. Thanks buddy ❤️
@balboa-capital3 жыл бұрын
The secret is he read the book "How to Fund Hedges for Dummies"
@ikedacripps2 жыл бұрын
As an entrepreneur you best ability is to realize everything is interdisciplinary. You gotta to be a jack of all traits on some level.
@techlife42334 жыл бұрын
I see great future for this channel .
@handcrafted303 жыл бұрын
Bloody love the brain in the glasses in this video.
@ytdufy4 жыл бұрын
Dudes, KZbin is killing me! After this video there's an ad featuring a guy like: "- Have you ever wanted to tighten your muscles in the face and neck?" 😃
@73lube4 жыл бұрын
Oh man that ad is killing me, also that grammerly crap, it's on repeat non stop and I have zero interest.
@MS-viper2 жыл бұрын
Alright boys. I’m currently offloading my fbiop securities so bid it up 🎉
@marif76334 жыл бұрын
amazing video very well presented shows you've done in depth research absolutely amazing
@Finaius4 жыл бұрын
Ah, thanks!
@tonypeter82093 жыл бұрын
Created genius trading program 👍
@luke.morepower4 жыл бұрын
Really cool content
@wuschelbeutel4 жыл бұрын
Wow, I'm impressed by the depth and production value of your video
@rogercobbs42974 жыл бұрын
I wonder about risk management how much did they risk when entering a trade
@centralintelligenceagency90822 жыл бұрын
that’s part of the Kelly Criterion formula. Proper bet sizes like you would in something like poker
@miguelnuno9283 жыл бұрын
I love your videos... Thank you for putting the work to produce such a beautiful peace of content
@denisef74149 ай бұрын
RIP Jim Simons. the best trader of all times. Legend.
@shashanoid9 ай бұрын
Incredible sad today
@adamhamid14584 жыл бұрын
great content! keep up the good work
@konradw.48608 ай бұрын
I am convinced that Jim Simons, behind all the facade of supercomputers and complex mathematical models, hid a simple trading rule that he probably discovered himself and that a skilled mathematician could apply with high probability just a few minutes after familiarizing themselves with its principles. Such a rule exists because I also managed to figure it out after 16 years of considering why prices sometimes go up and sometimes go down. He simply concealed its simplicity, hiding the straightforward and logical actions behind the entire system of supercomputers and an army of mathematicians supposedly crunching a few numbers in a table.
@roshakchinapalli29698 ай бұрын
no way, tryna explain more?
@oscarbean42544 ай бұрын
A simple rule that always works and averages 60% returns good luck with that
@tubagusprasetya25064 жыл бұрын
This, quality content right here
@life_of_riley888 ай бұрын
10:50 This IS the secret sauce to trading. "Trading is primarily a function of execution, NOT analysis." -Mark Douglas
@jle44332 жыл бұрын
These outcomes are mostly based on huge leverage that Renaissance can swing.
@DailyProg3 жыл бұрын
Amazing videos my friend. Truly enjoying knowing more about these financial personas
@dontdoitbro54954 жыл бұрын
loving your videos
@MINTU3612 жыл бұрын
Explained in very well way…. Kudos and keep continue
@suraj40204 жыл бұрын
Isn't Rentech a highly secretive firm? Brilliant video.
@roycreditmasterfix.comeras51334 жыл бұрын
I got the best strategies to win trades with the help of the best trade analyst, I have won 8 of my 9 trades recently with his help with a profit of $7900 in just a week. [Mastershack D O T net]
@sukraatahluwalia51374 жыл бұрын
There's another one that is as good as them and even more secretive - TGS Management.
@matthewfoster94993 жыл бұрын
Medallion is the most secretive fund in history. Even their employees became 9 figure winnners
@austinbenner4 жыл бұрын
Why don’t you have more subs!? Loved the video
@Finaius4 жыл бұрын
🙂 I hope 🤞
@RenSylvain234 жыл бұрын
Great Video. Love hearing about the legend.
@somedude550120 күн бұрын
Some comments: One, the Fields medal is the equivalent of the nobel prize in mathematics. More recently the Abel prize has also been introduced. This is not to take away credit from the great work Simons produced with Chern though. Two, it was known well before Simons that markets could be modeled as stochastic processes. Bachelier was the first person to analyze the problem for his PhD thesis under Poincare. Simons just had good instincts on hiring the right people.
@emiliozorrilla51884 жыл бұрын
4:11 I did not know Jim Simons worked at E-Corp with Tyler Wellick for a while!
@lflee4 жыл бұрын
Is the whole video actually a joke?
@vsync4 жыл бұрын
the soundtrack is even reminiscent in parts
@muabyt73334 жыл бұрын
@@lflee no
@sdlrdlr4518 Жыл бұрын
Thank you for providing such quality content!😀👍
@weilun00994 жыл бұрын
This man literally created a money printer
@Nature-bt5ip4 жыл бұрын
Like Bernie
@Aaaaaawwww-j7y4 жыл бұрын
A legal money printer
@gwagon32683 жыл бұрын
@@pqwerty1000 but this is pure liquid cash.
@revbem1412 жыл бұрын
I think the secret sause is the geometric average. In combination with the geometric average, i think that they utilise the rebalancing premium to manage their portfolio. combining these two ideas, one can make money from pure randomness.
@William.-. Жыл бұрын
The blog breaking the market goes over this called geometric rebalancing
@f93nmx824 жыл бұрын
Could you please explain the reason why random processes aren’t actually random? You skipped over the stochastic part very quickly and I didn’t understand. Thanks and good video.
@Finaius4 жыл бұрын
They are random. But it doesn't mean unpredictable. You can still model them and have some idea what the mean value is over the long run.
@Finaius4 жыл бұрын
For example you can have a random process with the mean value of one and a standard deviation of 0.5. Each value it generates every step is random, but you can have a good estimate of probability of what range of value it generates.
@roycreditmasterfix.comeras51334 жыл бұрын
I got the best strategies to win trades with the help of the best trade analyst, I have won 8 of my 9 trades recently with his help with a profit of $7900 in just a week. [Mastershack D O T net]
@doggygaming95010 ай бұрын
Coin flips are random. But over large sets they will revert to 50/50.
@ShadowMind312 Жыл бұрын
Most market price action presents leptokurtosis, meaning its Gaussian PDF will have a higher tendency for outliers. This, along with combining trend and reversion is enough to build a positive expectancy model.
@carteralexander83644 жыл бұрын
Great channel dude , keep it up
@Finaius4 жыл бұрын
Thanks Carter.
@SchmupKing4 жыл бұрын
This is great content
@Andrew-bb6it4 жыл бұрын
Yes it is bro,but I still believe in Mr Raini’s strategies,where are you from?
@AKrishnaAkhil4 жыл бұрын
Amazing channel. Subbed. Keep making more such videos!
@backseatgamer56564 жыл бұрын
wow I didn't know there's a striking resemblance between Jim Simons and Philip Price(CEO guy from Mr. Robot).
@Finaius4 жыл бұрын
So much resemblance, including money and power.
@syedumair46224 жыл бұрын
Yeah man! I also clicked the video when I saw him
@Finaius4 жыл бұрын
@@syedumair4622 Which personality is this?
@defhermann4 жыл бұрын
I thought the same thing lmao I was wondering if I was still asleep
@ShubhamKumar-sj6dp Жыл бұрын
Was going to comment this
@shiv9714 жыл бұрын
Why does he look like Philip price from Mr. Robot ?
@happyhawn18564 жыл бұрын
Thank you-very well done.
@Finaius4 жыл бұрын
*Thank you* too!
@DeLanoLLoya3 жыл бұрын
The thing about mean reversion is that the mean is a moving target overtime
@daveb4446Ай бұрын
Yes, but it oscillates and is triggered by sudden unexpected shifts. So not a valid method anymore. Go model it and it doesn’t perform even on known data. Not useful on live data at all.