Renaissance Technologies - Trading Strategies Revealed | A Documentary

For the first time, we detailed how Renaissance Technologies developed various trading strategies over the years, from early mean reversion to utilizing kernel methods and so on. In this short documentary, we tell the history of Ren Tech!
For more information about Ren Tech, you can buy Zuckerman's book on Amazon here - amzn.to/34ywJom
Visit finaius.com to access our Quant model for capital markets.
Hardware - To train the Deep Fake video, I used my Alienware Laptop (amzn.to/3htVJSU) and Nvidia Quadro p6000 in a Razer Core GPU Enclosure (amzn.to/3aTSrqN).
Instagram: falcon.xu
LinkedIn: linkedin.com/in/rocky-xu-0487498b/
#rentech #jimsimons

[@Finaius]

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

[@philipkung7261]

MLP m c

[@Uday777]

I watched this video 3 times I still want to watch it again its so knowledgeable

[@selinagooglethestvekstrate8102]

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.

[@Uday777]

@@selinagooglethestvekstrate8102 thanks Selina will look it up

[@Finaius]

@P Delta Check description

[@sassydesi7913]

So he didn’t take a course from Udemy or one of these bazillion social media traders?

[@andrewgarcia3136]

Course sellers certainly aren't making their money in the market haha

[@define7433]

If you take a course make sure you learn business and not stock prices

[@biggestskaterfailkid]

Just taking a guess here, but I also think he didn't blow his entire life savings chasing Robinhood recommendations. 😂😂😂

[@Chillos100]

No it was because of skillshare

[@user-hi9gl6ud2o]

Wkwkwk

[@RosaLei]

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. 🥰

[@betonitcso]

Simons is a simple man. No returns? Math. Not enough returns? Hire mathematicians. Still wanting more returns? Hire more mathematicians.

[@storyofeverything552]

Rofl

[@maximilianwenker916]

Not that easy The mathematicians cost as well If you hire too many mathematicians you will inevitably face less return at some point

[@ezwa9979]

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]

simple Simon says

[@aN0nyMas]

single life no wife? hire a mathematician.

[@ai.simplified..]

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]

Great points, thank you 🙏🏻

[@nobitanobi8888]

Machine learning in 1980, fucking hell...

[@ai.simplified..]

200 likes , thx Maybe it’s time for me to become youtube content reviewer.

[@atimko123]

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.

[@namz2k11]

how can i learn more about what you said e.g would you recommend me a book?

[@duncanj206]

Read "The Everything Store"

[@pajeetsingh]

Never knew it. I thought he flipped burgers. Source on what you said?

[@sadmillionare3542]

over analyzing

[@LoliWaifuz]

@@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.

[@warsame0208]

Correction - *Fields Medal is equivalent to Nobel Prize* not Oswald veblen prize, although it is still a very prestigious award

[@nabeelhasan6593]

People don't understand the value of Fields Medal because media over hypes Nobel too much

[@borntodoit8744]

We the public ...don't care about medals ...we care if you contribute materially to human endeavour. ...like Madam Curie have you saved lives,

[@daveausmunchen7787]

@@borntodoit8744 Yeah like mathematicians don’t contribute anything to society😂 Just one name: Carl Gauß Good luck trying to argue that one

[@darrienjames30]

This is a great documentary. It’s encouraging to see academics leverage their knowledge in the market.

[@lukejohnson9696]

Yea only that he inherited a small fortune from his dad already. Like any other rich dope..

[@danielhutchinson6604]

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.

[@Goonfn99]

@@lukejohnson9696where is your source?

[@lizgichora6472]

So smart; ' hire the Smartest',' persistence has a lot of value along with patience. Thank you for this brilliant lesson Jim Simons.

[@danielhutchinson6604]

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"......

[@bdcopp]

Most people would say the fields medal is the highest prize in mathematics.

[@Finaius]

True.

[@TheDhauladhar]

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 😎

[@DavidSaintloth]

Most people are correct , Oswald Veblen is focused on geometry and topology. The Fields is general mathematics.

[@ipenguin3918]

I thought so also. It's referenced in the movie Good Will Hunting.

[@nc8087]

I would say the Abel prize

[@ZenTradeGame]

Your videos are so immersive, and clearly you did a lot of research. Well done!

[@Finaius]

Thanks

[@boringafgames]

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.

[@Kelberi]

Don't give up! Stick to it if you believe in it.

[@SouthSaharaMedia]

The last minute of this documentary really comforted me .. been really low lately , suffered heavy loses with a strategy i thought was fullproof 😣

[@BlackSwan-sq2iw]

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.

[@DanT-iu6oc]

Jim Simons apparently also the CEO of Evil Corp lmao

[@lordcummings1481]

facts we got phillip price all pver here

[@Linkinpark4life333]

Bro they look so much alike

[@lordcummings1481]

@@Linkinpark4life333 lmao we all gonna bow down to e corp now

[@lechar92]

from the miniature of the vid, I thought it was a shot from Mr. Robot

[@DEEPANJANBISWAS]

I was thinking they put a clip from Mr Robot there😂. Edit: they really did. 4:08

[@alexasecas5930]

SHE RESTORED MY FINANCES

[@alexasecas5930]

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.

[@alexasecas5930]

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.

[@alexasecas5930]

Whosoever tries this sureIy acquires wealth. Get to her

[@alexasecas5930]

ELlZABETH GREEN HUNTS.

[@Laugh-Live-Love]

Go away

[@Raymondjohn2]

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]

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]

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]

@@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]

@@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]

@@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

[@sacrydis9476]

Keep up the great work! The quality of your videos are absolutely staggering.

[@gustavom8726]

Woah! This is a super tier quality video. The quant developer comments are super accurate and well explained!!

[@aonutube]

Ren Tech: Billions and billions US Gov: We printing them as fast as we can.

[@dominiksitarek1448]

Good video. No need for unnecessary over dramatisation of his life and strategy, it is inherently interesting.

[@OurNewestMember]

Well put. This was an excellent production all-around

[@Alvaroeduardo]

This is a great channel, loving the uniqueness and depth of presenting the info. Keep it up, I´m in.

[@Finaius]

Thanks! This means a lot!

[@lynnkoeffler8326]

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

[@bernddamian9519]

Each second the markets are open provides an opportunity to earn really good profits. Yet not every seconds provides a high-probability trades

[@stevenjacobs5310]

@@bernddamian9519 it's best to take trades that's align with your trading plan and offerer good profits potential for the risk being taken

[@susanbaxtron8422]

Avoiding bad trades is just as important to success as participating in favorable ones

[@fosterwhales1027]

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

[@lynnkoeffler8326]

@@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

[@amazloum295]

The title is misleading viewers .. it’s more about Jim Simon history than revealing a strategy.. there is no strategy revealing in this video...

[@the_notorious_bas]

It's not hard to find code from mean reversion strategies or the kelly criterion. Of course they don't reveal their exact strategies, duh!

[@chadgalavan]

You are not seriously seeking to get a free strategy on KZbin to run a profitable hedge fund, are you? If you are, then you outta touch! Ouch😆

[@Tieshoes]

Thanks, this is what I was looking for in the comments.

[@LudwigSauerteig]

Sell when over your setting.

[@ChyeHeng17]

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?

[@doostboost]

Some of the clips are deepfakes

[@ChyeHeng17]

@@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.

[@walterescalante6141]

@@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.

[@kentvandervelden]

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!

[@tekitougyokuro8957]

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

[@manojramesh2489]

I’m a simple man I see valuable content I sub

[@roycreditmasterfix.comeras5133]

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]

[@chenxueou24254]

“The editing and production of the video was excellent and very impressive.

[@mkwok47]

This is such a perfect video and channel that was just waiting to be made , thanks so much

[@Finaius]

🙂💞

[@avgb2115]

ending the video with superman, hans zimmer flight theme, gave me chills

[@ednan9]

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.

[@IwinMahWay]

His average holding time is 2 days so yeahh

[@borntodoit8744]

@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.

[@dom2555]

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.

[@dom2555]

@@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

[@sasha4598]

@@borntodoit8744 this is something worth tattooing!

[@shabbirchowdhury6142]

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.

[@ForwardNewsToday]

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

[@GianCRO9597]

Never knew Greg Popovich is also a great trader.

[@mmaranta785]

And he didn’t even have Duncan

[@johncox5839]

Kawhi not?

[@---zg7ex]

your video on simon is by far with the most insights

[@reese5304]

i think Jim Simons was the inspiration for The Architech in the Matrix. also the word "anomaly" is always in use

[@BUCTHA4]

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

[@Josep61]

you sound quite experienced maybe you could give me one or two tips on how to overcome my struggle with series of reoccurring losses

[@BUCTHA4]

@@Josep61 Actually, I’m under an investment management service provided by an expert fund manager Mr Ronald B. Furey

[@Josep61]

@@BUCTHA4 How do you go about your trades with him? walk me through the process if you don’t mind

[@BUCTHA4]

@@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

[@Josep61]

@@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??

[@weilun0099]

This man literally created a money printer

[@Nature-bt5ip]

Like Bernie

[@Ali.lion23]

A legal money printer

[@gwagon3268]

@@pqwerty1000 but this is pure liquid cash.

[@ytdufy]

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?" 😃

[@oB_Session]

Oh man that ad is killing me, also that grammerly crap, it's on repeat non stop and I have zero interest.

[@subodh.r4835]

Very inspiring. Thank you so much. Imma go use mean reversion in my algo trades now, for a start

[@finaius4849]

W•H•A•T•S•A•P•P + •1 •4 •7 •5 •2 •6 •0 •4 •3 •0 •1 I•n•v•e•s•t•inC•r•y•p••t•o B•T•CA•N•D•E•T•H.... ..... ......

[@janejane386]

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?

[@maureen...]

I always advice new members to have an orientation on how it works before getting involved. Trade offers more benefits than just holding.

[@maureen...]

Kate Floretta in stagram

[@maureen...]

Kate Floretta Face book

[@maureen...]

Google "katefxfloretta" anywhere take classes and learn to trade.

[@vincentstewart1843]

having a mentor is also very important when it comes to Trade, with out that, it can be very frustrating.

[@markyzentana7540]

very informative, best video about Jim Simons so far and his success in trading, etc

[@balboa-capital]

The secret is he read the book "How to Fund Hedges for Dummies"

[@joonalehtinen5462]

i have now spent a week learning deep learning and neural networks to make a model. wish me luck

[@branv8]

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.

[@MrJupton1]

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.

[@mobydick3895]

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]

@@mobydick3895 true af also some said "Buying stock and forget it" lol this is really suck

[@rogercobbs4297]

I wonder about risk management how much did they risk when entering a trade

[@centralintelligenceagency9082]

that’s part of the Kelly Criterion formula. Proper bet sizes like you would in something like poker

[@soloqueueonly2850]

I pass his hedge fund driving alot and I dream that I can make it like him one day.

[@ShabnamKhan-gg4xf]

Ofcourse you will mate, hey you seem to be a good potential for the financial industry, let's connect! DM me on [e-mail]

[@Trancer006]

That quant developer's voice is great ASMR! Would like to watch more of his analysis.

[@CHASTAK]

Jim Simmons is one of my heroes

[@Iamjacob-x3o]

Melissa’s strategy is very insightful

[@melii-h3r]

I’ve been earning more than ever with her

[@tarshiabrown639]

With the help of her strategies I have been able to accumulate up to $27,850

[@fordtom3669]

Her openness towards my trades is overwhelming.

[@fordtom3669]

Melissatradeservice gmailcom

[@janebentley3041]

@@tarshiabrown639 I’m earning $9500 consistently

[@josephmartin6219]

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.

[@abdullahsaleem7865]

The mixed fillers scene in video with Mr robot. Cool edition and also great content

[@jainroy9204]

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

[@morris4430]

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.

[@jules7168]

Hey, could you direct me to some resources that have helped you? Thanks!

[@morris4430]

@@jules7168 Google TastyTrade

[@GrantRTanner]

Did you trade manually or systematic?

[@morris4430]

@@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.

[@GrantRTanner]

@@morris4430 i wonder...I trade options systematically through TD Ameritrade's API with code.

[@VampirusX]

Great last words! Only if you give up you loose! Fight, loose, go back to the drawing board and exceed!

[@f93nmx82]

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.

[@Finaius]

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.

[@Finaius]

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.comeras5133]

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]

[@doggygaming950]

Coin flips are random. But over large sets they will revert to 50/50.

[@tnsrs2719]

Always ahead of the competition. Forever innovating

[@backseatgamer5656]

wow I didn't know there's a striking resemblance between Jim Simons and Philip Price(CEO guy from Mr. Robot).

[@Finaius]

So much resemblance, including money and power.

[@syedumair4622]

Yeah man! I also clicked the video when I saw him

[@Finaius]

@@syedumair4622 Which personality is this?

[@defhermann]

I thought the same thing lmao I was wondering if I was still asleep

[@ShubhamKumar-sj6dp]

Was going to comment this

[@konradw.4860]

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.

[@roshakchinapalli2969]

no way, tryna explain more?

[@emiliozorrilla5188]

4:11 I did not know Jim Simons worked at E-Corp with Tyler Wellick for a while!

[@lflee]

Is the whole video actually a joke?

[@vsync]

the soundtrack is even reminiscent in parts

[@muabyt7333]

@@lflee no

[@DanielFlores-no9wc]

I always comes back here, to achieve some motivation , i mean im study a Lot of programing and also volumen spread analysis , probably i would make a hedge fund .

[@nurdauletkemel8155]

Great Chanel, thanks for sharing. I guess I joined early, looking forward to surge in number of your subscribers)

[@Finaius]

haha, hope so!

[@roycreditmasterfix.comeras5133]

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]

[@ikedacripps]

As an entrepreneur you best ability is to realize everything is interdisciplinary. You gotta to be a jack of all traits on some level.

[@DeLanoLLoya]

The thing about mean reversion is that the mean is a moving target overtime

[@marif7633]

amazing video very well presented shows you've done in depth research absolutely amazing

[@Finaius]

Ah, thanks!

[@ignacioalmara2333]

The longer the video the better. Thanks man

[@Finaius]

Thanks for the advice!

[@shiv971]

Why does he look like Philip price from Mr. Robot ?

[@suraj4020]

Isn't Rentech a highly secretive firm? Brilliant video.

[@roycreditmasterfix.comeras5133]

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]

[@sukraatahluwalia5137]

There's another one that is as good as them and even more secretive - TGS Management.

[@matthewfoster9499]

Medallion is the most secretive fund in history. Even their employees became 9 figure winnners

[@rakboperera6215]

Brilliant content. So glad one of your videos popped in my recommendations and now I’m hooked.

[@pedror7992]

The Oswald Veblen Prize in Geometry is *not* the most prestigious prize in math. That would be the Fields Medal.

[@jle4433]

These outcomes are mostly based on huge leverage that Renaissance can swing.

[@fra8318]

Simon : 1) born middle class 2) want to get rich 3) know how to get rich Me : 1) born middle class (not sure i was in middle class anymore) 2) want to get rich 3) don't know how to get rich

[@mrmar-que6307]

This is life.

[@minasamy7234]

"His ability to hire talent and maximizing their potential" , basically elon musk but in the finance sector

[@miguelnuno928]

I love your videos... Thank you for putting the work to produce such a beautiful peace of content

[@MS-jz2iy]

Alright boys. I’m currently offloading my fbiop securities so bid it up 🎉

[@pauldacus4590]

12:22 "bring his employees to all the luxurious places in the World..." *yacht floats down the Flint River*

[@Finaius]

Pure luxury there, right?

[@pauldacus4590]

@@Finaius Maybe he bought Michigan!

[@roger_is_red]

lol

[@allstarmark12345]

2:07 he looks like jack bauer

[@tonyl6385]

Excellent as usual. You have the most intelligent, inspiring channel on YT. Great job.

[@revbem141]

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.-.]

The blog breaking the market goes over this called geometric rebalancing

[@spinLOL533]

didn't know they started off by using mean reversion, interesting

[@Finaius]

Yeah, at that time, it was pretty new.

[@govou3000]

@@Finaius Mean reversion still works by the way...

[@rujotheone]

@@govou3000 Considering our environment, I believe mean aversion occurs with a higher probability

[@andrewgarcia3136]

Mean reversion is the shit

[@govou3000]

@@rujotheone What you mean aversion occurs with a higher probability?

[@life_of_riley88]

10:50 This IS the secret sauce to trading. "Trading is primarily a function of execution, NOT analysis." -Mark Douglas

[@siegelmc9061]

This is quite cool and informative but 85% of trader's fail why? because they give up quick, it takes time, patient and lot's of trading experience to become a profitable trader, An alternative seek guidance from some expert trader's and more to avoid loses of funds.

[@lewisfair8523]

Hello I keep losing trying to invest with some online KZbin trader's, but I'm still Trading to improve my techniques, I just need a better source to invest and earn, any recommendations please?

[@siegelmc9061]

In all my years of trading experience and research the most valuable insight was getting in touch with a pro trader Briggs Donald and ever since I started investing with him have been making cool profits like never before, will recommend him as one of the best trader ever.

[@cxaservices8376]

I think Mr. Briggs is a genius for people to come up here and give good reviews about his profitable strategies, will give a trial and see how it goes.

[@isoSw1fty]

Fucking bots everywhere now a days.

[@the_notorious_bas]

Most important, they don't learn from their mistakes.

[@MINTU361]

Explained in very well way…. Kudos and keep continue

[@user-or7ji5hv8y]

Is the math that different that Simons needed to hire from outside to solve certain math problems in trading strategy as mentioned? Could his existing team not have solved it?

[@matthewfoster9499]

It was all about using novel non linear models and specific betting methodology

[@Zara_Luna]

One model took two years to develop. That speaks volume.

[@DailyProg]

Amazing videos my friend. Truly enjoying knowing more about these financial personas

[@brendanlydon5272]

They don’t want u to think mean reversion still works...

[@roycreditmasterfix.comeras5133]

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]

[@isoSw1fty]

Oh it still works. I use it and my forecasts are rock solid.

[@draked8953]

Mean reversion works very well, if you can limit the tail risk anyway

[@handcrafted30]

Bloody love the brain in the glasses in this video.

[@thibaud1213]

Wow! Halfway in the video but i’m already forced to leave a comment to say this content is G R E A T! Like and subscribe rn

[@ramatisaristoteles4875]

3:38 The Fields medal is the equivalent to the Nobel prize

[@goerizal1]

why did the RIEF (from outside investors) of renaissance technology did extremely poorly in the same period of time as the employees medallion fund? was there a legal issue there?

[@William.-.]

Good question

[@sixpooI]

5:30 damn that picture looks freaky

[@dadermj6986]

Very cool video Thank you, you have wonderful Content

[@sl8094]

Rennaisance offices are and its pple are so secretive,i dont even know or have seen 1 single person that works for them excpet for the founders.can anyone please do a documentry of this firm,like show us their offices some mid employees etc??

[@matthewfoster9499]

All of medallion fund managers and quants are unknown for a reason

[@SchmupKing]

This is great content

[@Andrew-bb6it]

Yes it is bro,but I still believe in Mr Raini’s strategies,where are you from?

[@ShadowMind312]

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.

[@luke.morepower]

Really cool content