The mathematician who cracked Wall Street | Jim Simons

Jim Simons was a mathematician and cryptographer who realized: the complex math he used to break codes could help explain patterns in the world of finance. Billions later, he’s working to support the next generation of math teachers and scholars. TED’s Chris Anderson sits down with Simons to talk about his extraordinary life in numbers.
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[@poleag]

This guy is a great communicator. He knows how to avoid jargon and knows how to explain things to people who aren't experts.

[@sgfreak96]

My main thought. He did an amazing job!

[@TrunkMonkey3000]

Older rich men often do I've noticed... Lawyers, judges, doctors, they speak slowly and simply, but there seems to be some wisdom in their words (usually). Buffet and Munger are examples of this and surprisingly there is a tiniest hint of humility at times. It's like yeah we know we're the best, but can still screw up and have plenty of times

[@tmwall25]

he didnt explain anything?!?

[@mxschumacher]

once people don't feel the need to prove their intelligence through the way they speak, they can simplify. Somebody making deeply convoluted statements is probably insecure.

[@jeffschlarb4965]

That is how you can tell someone really understands something, they can explain it so someone of little background understands it. Dr. Gilbert Strang, Liner Algebra, MIT 18.06..very good to know for Data Science...things my junior level Math 345 class didn't cover!

[@ty814]

RIP legend Jim Simmons (1938-2024)

[@heshere]

wow, I didn't know RIP

[@johnrknox1518]

Jim is a truly remarkable individual. My son got a PhD in Math from Stony Brook where Jim became chair of the department and made signifcant advances then left to form his fund and then returned later in life to to make more important mathematical contributions. He liked privacy and is probably not as well known as he would be otherwise. This interview gives only a glimpse into how interesting he really was. I as others would like more and longer interviews just letting Jim speak.

[@noor-rrr]

How good is stony brook university and how well employers perceive it ? Also they has a master program in quant finance any thoughts about it ?

[@marceck1]

Several times, the interviewer cuts him off as he is about to expand on his thoughts. Very frustrating.

[@age_of_reason]

Several times? I can't find one instance of it. Why don't you cite some examples instead of taking the 'people familiar with the matter' approach.

[@age_of_reason]

I don't see it. I see the interviewer leading the interview which is his job, to direct the conversation to inform the people as much as possible in the limited time available. Like I said, all these people claiming the interviewer is interrupting fail to cite one example. I watched the video again and don't see it. I see a regular conversation.

[@TheSolidsnake2001]

Exactly, this interviewer is annoying

[@raghavgiridhar8387]

nope he kept the old man from rambling. Made him to talk about whats needed from him. Remember, there is a time constraint.

[@TraderSnoopy]

You are absolutely right :/ I think cause he is not familiar with the topics so he cant judge when Jim is about to go deeper in the talk.

[@BLTspace]

I could listen to this guy talk all day.

[@i.c.y.]

+BLTspace without the not-so-smart interviewer constantly interrupting and annoying everyone

[@xXSellizeXx]

+BLTspace I'm Sean Connery. Raarrrghhhh....

[@dgouss3]

Hear hear !

[@doubtsrtraitors]

me too. just wish the interviewer would let him talk

[@frabjfrabj2236]

I thnk thats fascinating that you can listen to this guy all day. I find him incredibly boring. But maybe theres something im missing. x

[@TheArtKingdomYT]

I hate how the interviewer kept cutting in on the conversation, LET THE MAN TALK!

[@dakrisis]

+ShadowSayan1 These talks are time limited, so CUT THE MAN OFF!

[@dakrisis]

+shubus I have no idea, but Chris Anderson is the curator and he wanted to tell Jim's story I guess. Jim probably didn't want to give an 18 minute talk by himself so they compromised?

[@TheArtKingdomYT]

+dakrisis I get that but the thing is the man clearly knows what he's talking about and he probably had some very interesting stuff to say but he kept being asked more stuff. To put it simply I rather have 3 well answered questions than 6 incomplete answers.

[@dakrisis]

True dat.

[@MrGirach]

+ShadowSayan1 this guy would keep getting side tracked, chris just kept it on point and on course for the allotted time period

[@user-dm2id9oq3q]

At 37 I decided to pivot to Tech and learn Software development. Thanks to my habit of reading, I read a book on Jim Simons and got to read a lil more on Quant development. I am now learning both Math (going back to it after almost 20 yrs) and software. I know it's gonna take time but I'm super pumped. This man is one of my role models.

[@_Akyel]

Can you please tell me which books you have read about my friend Jim Simons?

[@wealthymind1111]

I just finished reading "The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution" by Gregory Zuckerman about the Jim Simon, Renaissance Technologies and how it all started. Highly recommended!

[@SingaporeSkaterSam]

Bloompicks just read it and felt it was disappointingly thin; fizzling out into a rant about Mercer / Trump.

[@TasosDalias]

The book is amazing. Very interesting from many aspects.

[@laojace]

"Can you explain what that work was" "No" HAHAHHA such a badass

[@ITSMEEBOSSLADY]

It was funnyyyy 😂 #nope

[@JohnSmith-un1zj]

laojace at what time?

[@JohnusSmittinis]

@@JohnSmith-un1zj 23:08

[@englishlongbows9014]

what stupidity

[@jareknowak8712]

This was work for government and it is still top-secret. Thats why.

[@altoticket]

This should be a 2hr long interview.. the rush from the interviewer on the first part ended up being justified by the amazing last half were Jim could talk more freely about how he views the world. Such a fine gentlemen.

[@ianpan0102]

The thing I appreciate most of this man is that despite his incredibly high level in his field, he is able to explain theories and facts or his findings in such a simple way that normal educated people could understand and even find interesting.

[@sonjak8265]

what field?

[@kunkundalin]

@@sonjak8265 mathematics, did you not watch the video?

[@sonjak8265]

@@kunkundalin I heard him mention the theorem on the relation among vertices, edges and faces, but did not hear him explain any mathematical theory in this interview.

[@rich1355]

@@sonjak8265 that's the deep mathematics theory u could learn. and high school only teach u the basic surface level of mathematics which mostly a dumb numbers.

[@amancalledfroggy]

if he could ever publish half of what he and his colleagues at renaissance found, that work would probably be nobel prize in economics worthy.

[@bighands69]

What he has done has nothing to do with economics and has more to do with finance. People have made just as much money with a lot less complexity and more transparency. Finance is all about identifying profits and long term stability of those products so that growth can be achieved. The balance sheet equation is just as important as it was 25 years ago. Certain things hold true no matter what because they are rooted in philosophical logic.

[@cheeveka3]

If he did publish than everyone will copy his strategies there is a reason why he is a very private person.

[@12345678901234565678]

Or just crash the markets. Some need to lose so some can make money.

[@mod2]

@@bighands69 Lol you claim to know finance, but talk about basic accounting (A = L+E) and compare it to the work of renaissance. Renaissance doesn't take money from LPs because they return all of it in few months. What other fund is doing it at this pace? None. People haven't made this much money at this scale at close to the same pace.

[@bighands69]

@@mod2 I have no idea what you are talking about. Can you explain what you mean.

[@Hello-pl2qe]

Im always in awe of brilliant people like this that form the world around us, behind the scenes, and probably deserve to be household names. Everything but average.

[@kashif554]

It's a shame that this video has only so few views. What a fascinating personality.

[@lizgichora6472]

Excellent! Thank you for Supporting Math, Science and R & D Jim Simons. You're highly appreciated and motivating role model.

[@listentorpo9521]

He definitely needed more time. The interviewer was rushing him. This guy knows too much to squeeze into a 20-30 minute interview

[@laykefindley6604]

I didin't like or dislike your comment because it had wisdom for sure. But also, I will say, the interviewer did well considering their job is to draw out as much information as they can in a 20 to 30 minute interview.

[@Fetherko]

I thought this would be more technical, but I loved it. Peacenik, philanthropist, philosopher!

[@MrSupernova111]

Absolutely brilliant man and great interview!

[@englishlongbows9014]

bad intervies great speaker stupid interviewer

[@stemikger]

Wow, this is one smart man and the way he can convey his thoughts so everyone can understand is simply brilliant!!

[@69erthx1138]

I remember the first time I encountered the Chern-Simons theory, I was struggling to learn quantum field theory. from what I recall, for string theory, if the Euler characteristic is described by wrapping polygons around the sphere, this describes the modes of vibration for an open string, i.e., V-E+F = 2, so 2 is the number of poles (singularities) connecting the ends of the string. For the torus, 0 poles, so this describes a the modes of vibration of a closed string. I think C-S theory comes in when you're looking for discrete combinations (combinatorial stuff, like Jim mentions) of modes. So instead of looking at all the modes, i.e. a continuum, you get a quantization of the string modes. Speaking strictly form memory and the greatest humility. He is a very inspiring type of guy, it folks like him that encourage the rest of us to learn things are far outside of average.

[@_robbo9053]

Common problem with a lot of interviewers. Love their own voice.

[@69erthx1138]

So true, the only thing they love more is their own farts.

[@ccc3]

It may seem like it, but because there is an audience and multiple speakers, TED talks are limited to 18 minutes (it's specified in the guidelines). The intent is to get snapshots from remarkable people in several domains, not go Joe Rogan. They are pretty religious about the format.

[@kalmimiskolczy1554]

All I saw was the back of his head the whole clip

[@haydenwilsonx]

Too right - a great interviewer wants to make himself invisible

[@johnsmallberries4371]

Or think we love it.. he needs lessons from joe rogan

[@jakealvin1439]

This guy is a gift to the human race

[@ABitOfTheUniverse]

That sigh at 11:25

[@unlimited1652]

+ABitOfTheUniverse He was rudely interrupted imo.

[@1interesting2]

One of the best TED talks on youtube

[@christopherwessells4185]

Love to listen and learn from brilliant people. Truly inspirational and one of the best Ted Talks ever.

[@ViperMD]

This interview was much, MUCH too short. Great video!

[@SickQuarEU]

Absolutely agree!

[@B3nnub1rd]

Brady Haran has an hourlong interview on his channel. (Numberphile)

[@ramchillarege1658]

What a treat to listen to Jim. Thank you for the interview, and your inspiration.

[@levi12howell]

Such an amazing video, you need to stick thru till the end

[@jaycameron6548]

The Interviewer doesn't let Jim Simons speak freely

[@karlvanzandt99]

hey

[@age_of_reason]

Don't know what you're talking about. Maybe you could cite an example.

[@kargs5krun]

Um.....yes.....and no. (To some this is so; to some Jim's "long-winded.") Ergo: Chris Anderson is "just doing his job." Well....by some, apparently not by you.

[@jonedwards3033]

How many do? With their own remit trying to make the event more exciting !

[@MoreSpaceStuff]

@@age_of_reason You're a freaking idiot. If you can't see the fact that the interviewer doesn't even let him finish one "COMPLETE" thought without him interrupting Jim. STFU with your "cite an example" B.S. Here are some examples for you from @Elia Kaiser "Age of Reason Age of Reason Age of Reason To give you some examples. 10:54 / 11:26 You can ever hear Jim breath a little heavier cause he‘s anoyed. / and 13:55 just to name few :)"

[@theman211294]

More talks like this and less feminist/pseudoscience/spiritual talks please!

[@landonbuechner6400]

joey I completely agree

[@ycnexu]

Ahahaha!

[@thefatcatgarfield]

I'm with you, too.

[@MarsLonsen]

spiritual talks that aren't based on religion is cool tho

[@pramanhamal8892]

only if your values are limited to money

[@tradingcup7682]

Love reading his book 'The Man Who Solved the Market'. Got it on Audible and keep listening to it over and over. Along with Mike Bellafiore's books. Love em.

[@ABitOfTheUniverse]

19:05 So glad this, talk took this turn.

[@ABitOfTheUniverse]

Chris runs the show. He was a lot more humble years ago before his guests, years ago.

[@LClarke]

Most of this was over my head, but the one thing I was able to take away is that the interviewer loves the sound of his own voice.

[@englishlongbows9014]

i agree with that

[@r22jeff]

I for one think the interviewer did an excellent job here. Of course, there was a few instances of the interviewer stepping on mr. Simons conversation there was also many instances of mr. Simon cutting off the interviewer because he had so much enthusiasm for what he wanted to say.

[@JuliettaMIND]

Excellent Video! Great Ted Talk! What a legend!

[@shrinkyface8343]

@chris Anderson, I am your biggest fan. Thank you for sharing..

[@kimsungje2962]

Great content. You can’t stop learning in this business, I have seen innovative minds and I am patience enough with my option trying to save up and invest for good days ahead.

[@johnsonlevitt9719]

Well said Kim. I have learnt this while working on my old job, it only pays more when investing is involved. Couldn’t just rely on my salaries

[@hannahcholerton1253]

You are both lucky, it terrible trying to keep up here I just started watching videos online. l’m seriously in need of financial growth.

[@hannahcholerton1253]

Kim what is your take in this?

[@wilsonaaron3930]

I agree

[@kimsungje2962]

Hannah Cholerton we have similar opportunities to turn things around. I have seen how it works and it pays enormous. I just need a good funding that’s all.

[@doubler2288]

Interviewing is definitely a skill.

[@bernardpunjwani6495]

Keep up the good work, love your show

[@benjaminikuesan1638]

What a fantastic presentation

[@MrChefjms]

He doesn't wear any socks 🤣, that proves it, he is a genius !

[@germanarturo11]

It's amazing how his interruptions kill specific thoughts Mr Simons is trying to explain...

[@murilogomes4567]

10/05/24 press F to pay respects

[@mikey--mike]

Great interview.

[@Bradlee297]

To everyone complaining about him being cut off by the interviewer, please understand there is a time limit to get this vast amount of information out

[@assiah71]

Exactly my thoughts 🙏🏼

[@ccc3]

Yeah, TED events are held with audience and multiple speakers. The TED guideline specifies that the maximum length of any talk is 18 minutes. It's the optimal compromise between information, attention span and respect for the other speakers. They are pretty religious about it.

[@PunitJain8695]

There's a reason Ted videos are supposed to be dedicated to a topic. This went around all his life, not letting him properly clear things around any of it.

[@toomaskotkas4467]

In May 2009, Simons was questioned by investors regarding the pattern of losses in a Renaissance fund owned by outside investors while the investments held by Simons and fund associates (Medallion fund, a separate fund that only contains the personal money of the firm's executives) enjoyed enormous gains in value.

[@davidlight5156]

🐑💨🐑💨🐑💨🐑💨

[@exas4791]

Given time constraints, it was good that the interviewer clarified the gists of what the interviewee said by asking summarising questions which facilitate understanding of audiences unfamiliar with scientific and financial concepts.

[@idesofmarchUNIAEA]

This guy should be making videos, that should be distributed in every public school in the United States. He says things Concisely, with no buzzwords. You remind me of my cousin and all of my uncles when I was a kid when they explain things to me. 12:00 What a novel idea? Hiring people for their merit, as opposed to using other metrics.

[@FrozenAmy]

I know this guy from Numberphile!

[@riffraff2770]

The numberphile interview is great!

[@olciii8710]

Muhammad Yahia Tarabisfffç

[@Hermetics]

Nikola Tesla: "If you only knew the magnificence of the 3 6 and 9, you would have the key to the Universe" Science uses numbers to count, I use them to play and attribute functions to them, just as they were alive + the 7 colors of the rainbow. Polarity blueprint secret in the visible spectrum of light: HOT Balance Cold Red-Orange-Yellow ]Green[ Blue-Purple-Pink 0) 1 ]2 3 {4 | 5} 6 7[ 8 (9 Add them up as palindrome an all will result 9 0+9=9; 1+8=9; 2+7=9; 3+6=9; 4+5=9; (this and colors are the only recursive information as the torus field has no end and beginning only two dark spots as emergence points to make some sense of the Universe and every force within it) Just as a puzzle or door, you need to figure out how to open it to reveal all it's secrets. Mother nature and the Father are man and woman, controlled by the main polarity-shift (existing and not), which is self or God. For 2000 years mankind has contemplated on it's source-code with no prevail. The problem, from my point of view is our medium or surroundings. We live in a space, where we can only perceive reality from our surroundings point of view. Man has never been able to think past, what he observes. We can state, that the words and ideas we are playing with are a product of observation, just like we are playing with LEGO pieces, yet we never think past those individual components, that make up our current EARTH-bound reality. The question is: Is it possible for the human brain to come up with something, that can explain everything and understand every force, reality, matter, dreams, illusions, magic, masonic wisdom, occult wisdom and every possible outcome, that can ever exist? My answer is yes! In order to reach full explanation of everything, man must take some starting points in consideration: - the theory must be understood by all beings, not just on Earth, but also from other star-systems and realities, even formless-matter-less lives, just like God or the Devil; - the theory must have some information, that everyone can relate to, from the highest PHD intelligence to the lowest and stupidest beings; - the theory must not be forced upon anyone, meaning that it must leave free will alone, so that the being can apply it in his or her reality, without limiting it's perception (not forcing it like: "this is the way it is, and you must accept it") - the theory must include and solve everything from all mathematical problems (like the Riemann Hypothesis) to every branch of science and it MUST even present the means to cure every disease, neutralize radiation and it must fix any problem invented and not understood by man. - the theory should accomplish man's every desire and it must make it reality, by letting man have the means to build or accomplish anything he or she may want. - the theory must answer every question asked by a being, even what happens after death and explain how ascension is possible (the rainbow body). - and finally, the theory must exist and not in the same time, just as it was told in all stories and riddles invented by everyone so far in our collective recorded story (not his-story, but our collective story) From my 3 points of view what all people on this Earth neglected is LOVE! Man has came up with simplistic forms of representation like Pythagoras an Fibonacci, after which he reasoned, that he can't crack the code like that so man ventured in complicated explanations, in the same time losing itself in the division (cube reality view) process of though. So we have built particle accelerators to observe the small, finally reaching a limit, that we called the plank. Understanding we can never go beyond the singularity we ventured in the macro, by building telescopes and started to discover huge planets, spaces, stars, black holes and galaxies, observing, that all is connected like a web. Never being able to decode the micro and macro, we have lost ourselves between the two limit-boundaries, that we called nothing and infinity. Einstein came along and presented us with a simple representation form, funnily enough explaining energy. Energy means movement or disturbance in a field so mankind has gave in to this stupidity, loosing itself in the power-struggle, just as the equation represents. Since man is the pentagram (head, 2 arms, 2 legs), mankind (science) has lost himself in the division process of self, that in it's simplest form can be written as follows: 5/2=2.5/2=2.5/2=2.5/2=2.5/2=2.5/2=....... to infinity, until we reach the big RIP of self and so the Universe. Since we have forced our minds to view everything as energy, we have built the LHC (huge power to access small understanding) and we even attributed the name "Dark expansion Force" to the observation of the acceleration of the Universe. Dark to my understanding means something bad, validated by the statement above, which is the division trap. Ever wondered why we keep saying thinking out of the box and not some other geometrical form? The box is the cube reality view, that is keeping us locked from ourselves (understanding) with 90 degree angles, just as we have built up the world, present in water pipe angle turns, most of our buildings and design structures. Unfortunately, once trapped in this lock, there is no way, man can escape it, since "science" alone has been the best tool, in explaining everything so far and we can even use it to measure and build technology with it, that we use in our daily life, never paying attention to how it may affect us. Since all devices and inventions came from this reality view, they are also a product of the same thought process keeping us even more locked away in the box. The real Theory of Everything must have an emotional impact also, since man is not based on just logic, but also emotions! Logic is a product of understanding, while emotions are a product of imagination. Like it has been said by Kabbalists, GOD created man to experience boundless fun and joy, without any limitation (infinity). How can we achieve this task? Let me say this. In the beginning there was nothing, not even space or anything, that can be understood, what commonly we refer to as the VOID. Since God created existence, God became existence itself and so every form of life possible in the Universe. Throughout evolution we arrived at this state, where Humans were created and reached a level of understanding, where, by looking into the water, man recognized himself, meaning man is the only being capable of consciously being aware of his existence. Creation was a dangerous game, since in order for God to make all this we see reality, it must gave himself completely away, by becoming it (the point), in the process loosing everything, even the though of creation and all the blueprint, that led reality in this state. So we can state, that God was a form of existence, that we can never be able to reason. God, before becoming everything and all reality, God has thought out all Creation, after which God realized, that the only way to make it possible is by giving himself completely away to it, drawing the fact, that God will lose everything, even the theory, which led him here (since the only "LEGO pieces" God had available to use in the VOID, was only and only the though, which from our understanding is information). Man, since it is capable of reason, man has the monumental task to realize how he came here, and in the process of cracking the though source-code, man will realize, that he is really God, and God is present in every detail throughout all reality. This is why none were capable of getting to TTOE, since none has the courage of stating, that he or she is God, drawing the fact, that God is also everything, that we observe. Technology is doing the thinking for us, while we get dumber and dumber, even forgetting to calculate and do everything in our minds. This is why analog has always conquered digital, since analog is continuous and digital is quantization of information. I have uploaded the real TOE on my KZbin channel as slides and interactive presentation, where i have added, not just good, but also evil phrases, so the reader can understand, that fear and pain is preventing him to decode and understand it all. One to realize the truth it must have in sight not just light, but also dark forces, meaning in order to get somewhere, we must realize not just the good, but also the bad, that the good draws with it. THEORY (reality) document LINK: kzbin.info/www/bejne/i3PbfIuHbdGoe6s I state, that I can answer, EVERY question mankind has, even all technology, psychology or any other field of interest to anyone no matter of the nature of the question Also there are in total 119 elements on the full periodic table. The laws of nature change with the common belief system. (Riemann zeta function - key to [mind] - the Door to Heaven - imagination color axis - unleash the furry behind the trivial 0 D00Rs) !!!UNLEASH THE FURRY OF THE PRIME CREATOR!!!! (0|0) THis is real!

[@whoshotya117]

@@Hermetics All I could think of near the end was the tree of knowledge and the devil telling eve basically what you told us, that wr are God and all of what you're saying is..."knowledge", did you get it from the tree? The dark one? Also, you would be a fan of polarization nation media/gnostic reclamation. He too, has a "unified code theory" of everything, the universe telling story throughout all of media and entertainment all tied together.

[@fiddlelab]

The whole time he's talking, all I could think was - "white Morgan Freeman".

[@matthewhuberty6034]

Morgan Freeman couldn't handle a candle to this cat.

[@mrmegabuckssongs]

Looool

[@69erthx1138]

That's fair, because Jim Gates is a black Morgan Freeman, an isomorphism. There must be a Chern-Simmons classification for this, LOL!

Using the powerful knowledge provided by math to become millionaire in financial markets is not noble, sorry!

[@daliacapellan]

I can't un-imagine this now.

[@900102xy]

Jim Simons is a very inspiring man.

[@alphatradingconsulting9412]

Great guy.. I like his relaxed attitude.

[@gorkoistinovic6615]

True story: A Brazilian man invested $400 in Microsoft in 1987. His return was 12,100% by 1997, of $48,800. He sold MSFT shares and bought Apple shares simply because Steve Jobs returned to Apple. He sold Apple shares in 2012 and made 11,000% on $48,800, his then had $5,4 million. And guess what, he bought Tesla shares and still owns them... since than Tesla went up 900%. This guy made $54 million from $400 invested 30 years ago. I think this man is the greatest investor of all time. He never paid any taxes, because he is a resident of Turks and Caicos since 1995, he married there and now operates a hotel there. But he made 54 million from $400. That is just unbelievable.

[@LuanaVasco88]

Gorko Istinovic what’s his name?

[@mrbale1815]

Gorko Istinovic he bought some shitaltcoin recently

[@drkInxgud]

if you know any statistics you would know that it is guaranteed to have some proportion of the population who participate in stock market to achieve this kind of return. but at the same time, there are LOADS of people who lose their money by making decisions like this. what this man and most hedge fund look for is RISK ADJUSTED return. not some probability of astronomical return with a probability of 0.001%.

[@Darryldlowe]

Dapper Don yeah right

[@chrisnorth5595]

Dapper Don. That's nothing. Crypto market was incredibly volatile in a bullish way from new hype that came in, so even people with no idea on investing could chuck in $50 and come out with 1k in no time..

[@theblackinvestor3990]

For those who don't know how he cracked Wall Street. Him and his friends are mathematicians. They collected tons and tons of data from ages ago some of which is inaccessible. They weren't traders so they hired scientists and traded but mainly researched. With all this data these guys fed it to A.I which now trades for him.

[@junserafin5241]

So, I'm guessing there will be a lot of copy cats who do the same. Now with the AI taking off. My question is what will this do to the Markets? Bigger swings or flat neutrality? I read the LTCM book, they were all geniuses too, yet they failed. What separates Jim from them?

[@dannyp7424]

inspired to have an actual idea from this ted talk thanks Jim really inspired me today.

[@JLH1956]

Good interview. I don't agree because of Spiritual beliefs on the beginning, but I think this man has a great mind. I did understand what he did with the "wall street" system, and think it makes sense, but then I don't have the team of mathematicians he had. I enjoyed this interview.

[@cj3720]

Hint: When your “beliefs” run counter to proven fact, stay in the fact world. It keeps you from falling off cliffs you refuse to believe exist.

[@strewf]

Pub. Sep, 2015 - Jim Simons - 234,834 views Pub. Mar, 2015 - Monica Lewinsky - 4,195,766 views Can you begin to imagine how a person with a Jim Simons intellect suffers by just living in this world?

[@solidsnake013579]

they excel, not suffer

[@LucretiusEldritch]

These kinds of people don't really live in the same world

[@sagarpatel510]

The way this man looks, talks, his attitude and his response to questions totally reminds me of Greg Popovich both incredible minds 🤔

[@kemparaj565]

Great mind and must take his lessons and adapt to our lives. Live better and Share.

[@marm_sam_bamb]

The interviewer keeps interrupting him. So annoying!

[@age_of_reason]

Again, cite an example instead of just saying that. This is an interview with a mathematician. At least show your work son.

[@julexkazoo1576]

How many do you want?

[@ziruihao2574]

4:59 "The Unreasonable Effectiveness of Mathematics" Yes, the universe functions in accordance to mathematics, not the other way around.

[@bronwindraney5111]

Origins of life? The true nature of the Universe? What drives the Universe? What powers stars, the Sun? The true nature of comets? kzbin.info

[@yzyz7779]

Subhanallah, On hadist says Allah give 1 drop knowledge to human from entire ocean in earth , compare with knowledge from him.

[@whateverittakes1167]

Truly inspiring.

[@adriangoldsmith5726]

An amazing tale.

[@noel2577]

6:21 if you find this stuff interesting, it comes from a branch of mathematics (combinatorics to be precise) called Graph Theory. In fact, you'll do the very exact proof of "Euler's formula" (vertices - edges +faces = 2) in that class too ;)

[@90deltaderivatives35]

Rafid Chowdhury Was just learning this from Robert Edward Grant!

[@lordofh3]

the interviewer needs to shut his mouth more and let Mr. Jim Simons more freely explain what he is asked about.

[@hopaideia]

I can almost hear Jeremy Irons in Margin Call, saying, >> I get paid (make the big bucks) gessing what the music may do .....

[@donaldbelobraydic9996]

Thank you Jim Simons.

[@yongh5521]

Haha surprised to find that quite like my style. Although the interviewer sometimes interrupted, but actually he did address the key trends and guided the direction. Both did good job.

[@ShonTolliverMusic]

Damn I wish I had a grandfather. I'd ask and listen to all his life's stories and soak him all up.

[@mrjutha]

You can adopt one. I am sure there are plenty of old people around desperate for some company whom may be thinking:"Damn, I wish my grandson would come and visit me once more."

[@reeko3100]

Commodities do trend so does technology stocks its good to hear from a guy who was a pioneer to this approach and staying ahead the market just by having fun with NUMBERS

[@decembersunita]

Wow wonderful interview 😇

[@rudypilotto]

When I hear about philanthropic actions that include paying teachers more I feel demoralised. I agree that teachers should be rewarded for their efforts, and they should not have to take on extra jobs just to live. But when a Billionaire decides to step in and do something to help secure the future of the nations children I tells me that state and federal governments are failing.

[@superflytnt]

Rudy Pilotto Naw. It just means that he values an hour of a teacher's time more than the rest.

[@BruceMagnus]

There's a huge difference between a billionaire voluntary giving money to causes he believes in and the government forcing people who don't have billions to give them your money without your consent. State and federal governments need to do less and pay off the trillions in debt that they racked up through blatant disregard for the money they took.

[@UserHuge]

@@superflytnt but can you say that in case many citizens don't think about that valuation?

[@Kolinu2]

A disappointingly short interview with Jim Simons; a man who has a very interesting life, is very knowledgeable and clearly has a lot of intelligent things to say.

[@taforth]

A truly fascinating man 👌

[@ManufacturersInIndia]

Congratulations Sir for 10M Subscribers

[@TradingCoachOli]

They should chose people with knowledge to interview experts

[@laykefindley6604]

Often people without expert knowledge are the ones that ask the right questions to help non experts learn what the expert knows.

[@TradingCoachOli]

Layke Findley sure ...

[@laykefindley6604]

@@TradingCoachOli So strange to have people view the situation entirely different, no?

[@TradingCoachOli]

@@laykefindley6604 To me it is annoying, if someone ignores the guest

[@laykefindley6604]

@@TradingCoachOli Sure, not arguing that. The only thing I can think to say to change the perspective a little is to consider who is really the guest? The man, or the audience?

[@upgrade1583]

The rules of physics are equally applied to everything at every scale, so if he's right of course he'll be right across other fields

[@mehdimehdikhani5899]

Let's get this to 1 MILLION!

[@brake1adam]

I do love these guys... super smart and vary interesting...

[@revooshnoj4078]

vary interesting indeed........

[@khalidalzayani7072]

I am an Engineer that worked as modeler for nearly 20 in many industries...I got fired as well when i mentioned that everything is predictable (Time Series ) Jim Simons ... know very well how, he wont mention how...which is great!!

[@Booklivre]

Please mention how !

[@No_BS_policy]

Predictable? Get off your high horse. Even Simons was right only 50% of the time he'd been trading. Time series analysis is flawed.

[@TheMerryPrangster]

He actually dresses quite stylish for his age.

[@peterkoch4515]

I agree. He looks quite dapper.

[@jayrama8769]

yea except for the capri's... those are meant for women

[@dubbled7286]

A man his age really should be wearing socks. I don’t care how smart he is.

[@johnpinckney7269]

Dr. James Tour has some great videos on the origin of life. There are immense synthetic chemistry problems there.

[@rksq6009]

1:39 He is so ruthless! How come he said to the one of the greatest mathmatician of all histoy like that!

[@maniksahdev4292]

RIP to the real og of the markets.

[@unlimited1652]

TED Talks: If Sean Connery was a mathematician.

[@arthigamyafinancialservice3793]

How brilliant!

[@ravindertalwar553]

Thanks and Regards ❤️

[@49fiori]

It is amazing that such an intelligent person as Simons got into Wall Street and convinced himself and his investors that investing into companies is a mathematical equation and should be an automated procedure executed by computers. When you think about it how ridiculous it is you immediately conclude on simple thing; if you want intelligent people do crazy things it takes money and religion.

[@bighands69]

Wall Street is full of mathematicians who have failed miserably and some of them are the most intelligent people in the world. One guy made it is not an example or argument of mathematics in investment. I have seen people with Zero mathematical ability make money.

[@KeljuIvan]

Well, he didn't go into details, but apparently it worked. I guess they realized that things like heat waves will affect certain farm produce and then knew to buy the correct commodities or stock. It wasn't just technical analysis, but it also had fundamentals included. He mentioned that it worked at that point, but apparently as the methods became mainstream the edge was lost.

[@nabeelrizvi3451]

jeez! LET HIM TALK !

[@Irzani938]

well.. im watching fundamental analysis on stocks.. but it brought me here. love this guy talking.

[@rakeshtanwar2954]

Great personality... 👍👍🙏

[@agoglo]

Classic case when a big mind is interviewed by a small one. The small one wants to do the talk.

[@englishlongbows9014]

another great comment

[@elliottmyers1854]

Stfu

[@LightHumor99]

Dude, the interviewer is a reputed physicist himself. You dont know what you are talking about.

[@thebeautifulanimal]

That's why we are commenting here rather than interviewing an Tedx speaker.

[@wszacz200]

​@@LightHumor99 " (Chris) Anderson initially studied physics before changing to philosophy, politics and economics, and graduated in 1978." - Wikipedia Being reputed in physics is also a very big word.

[@KP-dd2ci]

Interviewer wasn't as bad as everyone is bitching about. He moved the conversation along and had to cover a lot of topics.

[@aperson2730]

Interviewer has a very AWKWARD interviewing style

[@XXXDeadhead]

Badass - no volatility in that statement!

[@4EverDubin]

mathematicians don't care for audiences.

[@TheLivirus]

I think they do, but the audience is small, and a tad eccentric.

[@rogerdiogo6893]

Another eccentric that does not wear socks...

[@mugnuz]

he wears those that help his blood pressure... ;P

Using the powerful knowledge provided by math to become millionaire in financial markets is not noble, sorry!

[@rickyrules1]

@ whats wrong with it

[@brianphillips247]

I like how he never told how he did it

[@exelero8410]

Of course he wouldn't tell such information

[@MrPutamaia]

He did,He clearly said it at 9:09

[@riankashyap1996]

It's called statistical arbitrate.

[@herikaniugu]

​@@riankashyap1996 Exactly he uses statistical models, the way he talks about predicting using moving averages, it sounds like he uses time series for forecasting with ADF and ARIMA models. They are common in Machine Learning and Quantitative Finance. Mostly used by professionals and hedge funds.

[@FahimAbrar.]

I love this gentleman.

[@GianetanSekhon]

Market hates repetition. It is a great innovator at springing NEW surprises. It tries to beat both the majority and the outliers and leaves everyone with a sense of NEW reality. The keyword is NEW. If you can withstand the grind of novelty howsoever harsh it maybe- you win. Sometimes handsomely.

[@SquareOff]

If you are watching this video to know about Renaissance jump to 8:36