"39% Return AFTER Fees!" - The Secret Fund That DOMINATES Warren Buffett & George Soros

Рет қаралды 310,212

13 күн бұрын

Patrick Bet-David narrates the story of a legendary hedge fund founded by Jim Simons, known for its exceptional performance, with an annualized return of around 40% per year after fees since 1988. This fund is exclusively available to current and former employees of the company.
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Patrick Bet-David is the founder and CEO of Valuetainment Media. He is the author of the #1 Wall Street Journal Bestseller “Your Next Five Moves” (Simon & Schuster) and a father of 2 boys and 2 girls. He currently resides in Ft. Lauderdale, Florida.

Пікірлер: 651

@tonysilke 3 күн бұрын

Started my portfolio last year with SCHD, VOO, and VUG after watching one of your videos. In terms of share price, VOO is way up (22.25%) and VUG is waaaaay up (39.62%). Thanks for the education!

@Dannyholt33 3 күн бұрын

Isn't VOO and VUG similar in the sense both are investing in the S&P 500? What is the difference? I thought it is generally advised against to invest in multiple ETFs or Mutual Funds?

@PatrickLloyd- 3 күн бұрын

There is 55% overlap with the holdings in VOO and VUG. 1 is tech heavy and the other is financials heavy similar, but not the same. VOO tracks the S&P 500; VUG is just focused on large cap growth stocks. VUG is a bit more volatile, but with a higher upside potential. VOO is a bit safer. I’ve never heard anyone advise against multiple ETFs/mutual funds. You just have to be aware of overlap. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.

@PhilipDunk 3 күн бұрын

I'm sitting on some significant money ready to toss it into VOO, but I'm kinda hoping that price drops a bit. I know we only want to see the stock rise, but being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?

@PatrickLloyd- 3 күн бұрын

Finding financial advisors like Amber Dawn Brummit who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

@PhilipDunk 3 күн бұрын

Thank you for this amazing tip. I just looked the name up, wrote her explaining my financial market goals and scheduled a call.

@LivaHolst 5 күн бұрын

Biggest lesson i learnt in 2023 in the stock market is that nobody knows what is going to happen next, so practice some humility and low a strategy with a long term edge.

@LarsBergstrom-uh2eu 5 күн бұрын

Nobody knows anything; You need to create your own process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.

@tommychestnut5335 5 күн бұрын

Uncertainty... it took me 5 years to stop trying to predict what bout to happen in market based on charts studying, cause you never know. not having a mentor cost me 5 years of pain I learn to go we’re the market is wanting to go and keep it simple with discipline.

@tommychestnut5335 5 күн бұрын

started working with Kathleen Cheryl Constantz in June 2023, and my financial goals have never been clearer! It’s like having a strategic partner for my money with a solid track record. She was my hope during the 'bear summer' last year.

@tommychestnut5335 5 күн бұрын

Kathleen Cheryl Constantz is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with. `

@Patriciacraig599 5 күн бұрын

I could really use the expertise of this advsor.

@CHANCEY-h4d 21 сағат бұрын

After investing from my salary of 350k for 4 years, I've only made about 8% total, or 2% per year, which my friends say is very low. My employer 401k of $220K returns about 4%. What would you advice to do with my portfolio for improved returns?

@SEVILLAnnA 21 сағат бұрын

I don.t really know your risk tolerance or asset allocation, sounds like just bad stock picking. Also unclear if you have an advisor providing value via financial planning or other decision making. But likely scenario is just bad stock picks. Index funds, Etfs and chill.

@JIANHENGLUG 21 сағат бұрын

The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.

@AGNESCHANG-u9h 21 сағат бұрын

@@JIANHENGLUG Please can you leave the info of your lnvestment advsor here? I’m in dire need for one

@Olea-i2d 21 сағат бұрын

@@JIANHENGLUG this is all new to me, How do I find a suitable fiduciary advisor, can you recommend any?

@JIANHENGLUG 21 сағат бұрын

I've stuck with the popularly ‘’Jennifer Leigh Hickman” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

@Aaronduckstein49 6 күн бұрын

I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks will be appreciated.

@maiadazz 6 күн бұрын

Palantir, ARM and Nvidia are all still good buy, but what do I know I’m not a financial advisor lol

@tatianastarcic 6 күн бұрын

Based on personal experience working with an investment advisor, I currently have $1m in a well-diversified portfolio that has experienced exponential growth. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.

@richardhudson1243 6 күн бұрын

please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?

@tatianastarcic 6 күн бұрын

Finding financial advisors like Annette Marie Holt who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

@ChadRoberts-x6i 6 күн бұрын

I just googled her now and I'm really impressed with her credentials. I reached out to her since I need all the assistance I can get.

@RuthEvelyn-rc3bg 4 күн бұрын

The importance of diversifying your investments and always putting your money to work is one thing I've learned from millionaires. This year, I expect to make a return on the about $200K that I plan to invest in equities.

@FrankPatrick-no8zo 4 күн бұрын

Not offering any particular advice, but I can assure you that it's not as hard as many people think it is. Ordinary investors lack the requisite level of diligence, so having a financial advisor on board is usually highly beneficial. In the market, this is how people generate enormous profits.

@DennisJack-km8ho 4 күн бұрын

I was self managing but suffered heavy losses in 2022 and i knew i couldn't continue like that, so i consulted a fiduciary financial advisor. By restructuring and diversifying my $620k portfolio with dividend-paying stocks, ETFs, Mutual funds and REITs, I significantly boosted my portfolio, achieving an annualized gain of 30%.

@CrystalJoy-32 4 күн бұрын

That's really great. I've tried doing some research myself to hire a financial advisor, but it's really overwhelming. Could you recommend who you work with please?

@DennisJack-km8ho 4 күн бұрын

Amber Michelle Smith has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.

@jose2212- 4 күн бұрын

Thank you for sharing, I must say she appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled

@Muller-o4d 6 күн бұрын

Wall Street pitched so-called quality stocks with high profitability and low debt, as a kind of insurance against whatever the economy might throw at you. Quality stocks have underperformed the S&P500 this year, My $400k portfolio is down by approximately 20 %, any recommendations to scale up my ROI before retirement will be highly appreciated.

@Garrett-lo6pu 6 күн бұрын

Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. that's why seeking expert advice is essential.

@Aron-r3m 6 күн бұрын

I agree, my profit have been quite consistent, regardless of market situation, I got in early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2020 this time with guidance from a portfolio-adviser that was commended by a popular economist on a subreddit, long story short, its been 2years now and I’ve gained over $850k following guidance from my investment adviser.

@Aron-r3m 6 күн бұрын

True. Having the right financial planner is invaluable. My portfolio is well-matched for every season of the market and recently hit 90% rise from early last year.

@Tetsu-p3g 6 күн бұрын

Please can you leave the info of your investment advisor here? I’m in dire need for one.

@Aron-r3m 6 күн бұрын

I've worked with a few different financial advisors, but I ultimately chose ''Jenienne Miniter Fagan'' because she seems to be very thorough and knowledgeable about the financial market, and yes I do make more.

@eliseduffyfxx 5 күн бұрын

As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?.

@lukefisherDD 5 күн бұрын

Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional.

@miltonclar 5 күн бұрын

A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.

@MiaDavis001 5 күн бұрын

This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

@miltonclar 4 күн бұрын

NYCOLE CHRISTINA VANNATA a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

@calvinlewis-h2 4 күн бұрын

She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.

@Robbertskypes 9 сағат бұрын

The idea of investing a significant sum of money may be both thrilling and intimidating. There is potential for considerable wealth increase with the correct strategy. How can one take advantage of compound interest and potentially grow your retirement savings to about $1M over time?

@CarlShanklin 9 сағат бұрын

I think the safest strategy is to diversify investments. Like spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.

@SloanJane-xp4kr 9 сағат бұрын

A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K

@AdamLaus-xu8yb 9 сағат бұрын

impressive gains! how can I get your advlsor please, if you dont mind me asking? I could really use a help as of now

@SloanJane-xp4kr 9 сағат бұрын

Elisse Laparche Ewing is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

@ArfaanaBinUmar. 9 сағат бұрын

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

@AlphaMale_1 11 күн бұрын

How does Medallion fund return compare to Nancy Pilosi?

@larrysmith2608 11 күн бұрын

No one does better than Nancy.

@jefpduct8725 11 күн бұрын

😂😂😂. Perfect question.

@alfee9411 11 күн бұрын

Maybe not as good recently She's on it and how does she know so much into the futures

@larrysmith2608 11 күн бұрын

@@alfee9411 We sit on the same committees. If people just did public record searches they would see all the laws pending & who is bidding on what. all fully public info. just got to go get it.

@davemi00 11 күн бұрын

HA !! The Pelosi fund family has made $500 million over the decades.

@selenajack2036 6 күн бұрын

I’m 35 and I have about $250k liquid in savings which I plan to put towards becoming a homeowner but based on the current high prices on real estate, do you suggest I hold from buying or do stocks for now?

@kaylawood9053 6 күн бұрын

investors are extra cautious right now. They want to make sure they’re getting a good deal given how much mortgage payments have gone up, and when they don’t feel like they’re getting a good deal, they’re backing out, so definitely looking elsewhere is a necessity.

@roddywoods8130 6 күн бұрын

In my opinion, home prices will need to fall by at least 40% before the market normalizes. If you're unsure if to buy a house or not, it is best you seek guidance from a well-experienced advisor for proper portfolio allocation. So far, that’s how I’ve stayed afloat over 5 years now, amassing nearly $1m in ROI.

@bsetdays6784 6 күн бұрын

Do you mind sharing info of your advisor? I need help.

@roddywoods8130 6 күн бұрын

‘Lauren Marie Ehlers’ is the advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.

@hushbash2989 6 күн бұрын

Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.

@roberttaylor662 7 күн бұрын

Every week I buy more of whatever is the lowest percentage of my portfolio and try to keep everything around 10%. Please what could be my safest buys with $400k to outperform the market in 2024?

@dogmom-pt5we 7 күн бұрын

I'd avoid the index funds, mutual funds, or specific stocks for the time being. The 5% fixed incomes are the safest bet for now. Save your cash for when the market actually shows sign of recovery.

@bleshjjdnit 7 күн бұрын

This is why I entrusted a fiduciary with my investmnt decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to over $850k. My personal best so far

@purplebliss6875 7 күн бұрын

@@bleshjjdnit How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.

@bleshjjdnit 7 күн бұрын

My CFA ’Melissa Marie Colby’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

@purplebliss6875 7 күн бұрын

Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

@KayFabe87 11 күн бұрын

Jim Simons was an absolute legend and a mathematical genius to the highest degree, but he and his Renaissance fund generally flew under the radar for a long time despite the funds incredible performance for decades. He wasn't a guy who was going to be on CNBC every week touting his "picks" so many weren't familiar with him. The consistency of returns of his fund is incredible.

@brusso456 3 күн бұрын

he basically doubled his money every year and keep half for himself.

@AmithKaury 11 күн бұрын

I have a 3 fund portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and TSM overlap too much to make sense holding both? However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait but watching my portfolio dwindle away is such an eye -sore.

@MickyGlover 11 күн бұрын

There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.

@kurtKking 11 күн бұрын

I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.

@GaryNicka 11 күн бұрын

I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach.

@kurtKking 11 күн бұрын

SUNITA SUZANNE BYG is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

@GaryNicka 11 күн бұрын

My needs are kind of unique and complex. I'll contact her nonetheless, and I hope I'm able to make something out of it.

@haroldmesina5623 11 күн бұрын

My grandpa is in the medallion fund and they also give you a coffee cake every year

@deviceinside 11 күн бұрын

yes, they buy that coffee cake from Walmart

@louiscypher4275 10 күн бұрын

Wrong. It's peacon pie/cake.

@deviceinside 10 күн бұрын

@@louiscypher4275 also from Walmart

@c4ptaingames11 10 күн бұрын

IS it true théy Make 39% ?

@FormulaJRay 7 күн бұрын

Seems kind of random.

@trevorndhlovu3381 11 күн бұрын

Pat left out alot of information on jim Simons. 1) He was a math prodigy of some sort 2) traded cotton 3) did a business in Colombia with 3 of his friends 3) was a professor of mathematics at stony brooks university New York Jim Simons focused on various areas of mathematics during his academic career, including differential geometry and topology. These mathematical disciplines played a crucial role in his research and later in the development of his successful hedge fund strategies. 4) handled his families and friends finance's before starting quant investing 5) He applied advanced mathematical methods ( from his time a maths professor at stony brooks university) into trading 6) the list goes on

@Superdada 10 күн бұрын

Thanks. Also, Pat said it was AI. I don’t think it was technically artificial intelligence. They created an algorithm for trading small amounts extremely quick.

@user-hf2dr7sh4y 10 күн бұрын

Not surprised that James Simons only just now crossed PBD's radar and then talks erroneously about him. PBD clearly knows as much about Math and AI as the general public which goes to show you can be a dummy and be quite rich. That's why we live in the greatest albeit among the dumbest countries on Earth. Happy 4th of July! 🎉🇺🇸🎆

@Superdada 10 күн бұрын

@@user-hf2dr7sh4y haha true!

@RR-et6zp 10 күн бұрын

They front ran trades

@thearchangelmichae01 8 күн бұрын

Jim only tried to hire top level mathematicians. And if you look at their other none private funds they did worse than s&p 500. The flagship medallion fund was keept at 10B dollars because that was the most efficient was to get the highest returns. Although it's the greatest fund it was only open for people working a Renaissance and their family. Their rnd budget was also extremely high.

@Thomas_dan 10 күн бұрын

Hey everyone, have you been following the recent growth in the money markets?

@VictoriaAllen-ml8kx 10 күн бұрын

Yes, I've been keeping an eye on short-term financial assets like treasury bills and commercial bills.

@MikeSmith21121 10 күн бұрын

It seems like there's been some volatility lately, especially with interest rate changes.

@Kelvin-200 10 күн бұрын

That's true. It's crucial to stay ahead of these fluctuations to make informed investment decisions.

@TerriMelzer 10 күн бұрын

Speaking of staying ahead, has anyone worked with Desiree Ruth Hoffman before?

@Thomas_dan 10 күн бұрын

Yes, I have. Desiree has been incredibly helpful in navigating these money market issues.

@zonnobux3945 11 күн бұрын

Simons was arbitraging tiny patterns within market data. He had to limit the size of the fund because there is only a limited amount of profit that can be squeezed from any such scheme. He was not investing, he was exploiting tiny inefficiencies in the markets. The cost of discovering these patterns of inefficiency was a super computer and a Ph.D. in math.

@BrianCheng24 11 күн бұрын

That makes a lot more sense, and they didn't talk about this in the video.

@yesmamm4623 11 күн бұрын

That's Pats point, they got it they earned it. It's never too late and chances make champions!

@rcmag13 11 күн бұрын

@@BrianCheng24 It is what the top quants due essentially and mostly only people with PhD's or a great track record are hired too do it.

@Bobbyfuckingaxelrod 10 күн бұрын

It’s called trading lol you didn’t have to try to sound smart

@augustusg857 10 күн бұрын

No he wasn't. Yes he was using mathematics and also statistics, who btw are the deal quants, programmers were just there to set up the algo, he'd use stochastic processes, which has nothing to do with spotting inefficiencies as an assumption is that the markets are efficient. Randoms don't know math trying to explain what the great Jimm Simmons did is cringe.

@LoresGate 11 күн бұрын

The medallion fund ran off of HFT(high frequency trading) many people including myself consider it extremely unfair. To put it simply they are basically the market makers.

@user-hello644 11 күн бұрын

Hi valuetainment , it would be right and helpful if you said a few words in support of RFK Jr. It's absurd how he is censored: his interview on Joe Rogan's podcast came out a few days ago, but if you look for it on his channel it doesn't appear in the video section, you can find it only if you search for it. And what's more, in seven days it had only a few thousands views, when on that channel millions can be viewed in the space of hours. This is unacceptable, please do something for the sake of FREE SPEECH!! If someone read It and thinks It s reasonable, please help to make sure this message reaches @valuetainment

@CommunityNotesVerified 11 күн бұрын

OyVey

@jesusgaud8 11 күн бұрын

More like scalpers

@FederalReserveBank 11 күн бұрын

Even the location of RenTech is so they can execute trades faster than everyone else

@Aaron565 10 күн бұрын

Doesnt matter, they will pay everything into bitcoin whether they know it or not.

@je25ff 7 күн бұрын

If someone is doing 39% return, I would be HIGHLY suspicious...

@johnburcaw8670 4 күн бұрын

Pelosi is doing 45.6%

@SynanOesterle 10 күн бұрын

*If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you...prevent inflation*

@JonathanWymer-p7z 10 күн бұрын

Interesting, This is superb! Information, as a noob it gets quite difficult to handle all of this and staying informed is a major cause, how do you go about this are you a pro Investor?

@JonathanWymer-p7z 10 күн бұрын

I feel Investors should exercise caution with their exposure and.exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or a licensed expert in order to navigate this recession and achieve potential high yields

@SynanOesterle 10 күн бұрын

Prioritizing effective personal finance management holds greater significance than the sheer amount saved, irrespective of income source. Consulting a certified financial advisor can offer tailored strategies to optimize financial results by reducing expenses and enhancing income, regardless of whether it's earned through employment or investments.

@SynanOesterle 10 күн бұрын

Brian Humphery Services was my hope during the 'bear summer' last year. I made so many mistakes but also learned so much from it, and of course from Brian.

@SynanOesterle 10 күн бұрын

He is really a good investment advisor. Was privileged to attend some of his seminars.that's how I started my own crypto investment

@dondatrader5609 11 күн бұрын

He doesn’t use AI its algorithms

@dthomaswilliamson33 11 күн бұрын

Ai uses algorithms 😂

@cchavezjr7 11 күн бұрын

@@dthomaswilliamson33 It's still not the same thing. This was in the late 80s. This is just advanced math and modeling. AI was just a scifi trope and also there was nowhere near the computing power to even begin to think of real AI.

@dondatrader5609 11 күн бұрын

@@cchavezjr7 exactly

@user-hello644 11 күн бұрын

RFK Jr needs support!! For example, it would be very useful to increase the views of the interview given to him by JOE ROGAN which was posted again a few days ago (it must be searched for specifically, because for some strange reason it does not appear in the video section of ROGAN's channel). We need to make him gain the visibility that is continually denied him or disguised with slander to distort the opinion of those who barely know him, without ever having listened to one of his interviews. thanks for your work valuetainment.🕊️

@4m556 11 күн бұрын

@@user-hello644what does RFK Jr have to do with AI & Algorithms?

@izzisolomon3491 9 күн бұрын

They are missing the point, the medallion fund can’t work above a certain level. It will start affecting the market in a way that they won’t be profitable any more. Which is why they limit investment

@maximusprometheus6149 11 күн бұрын

I live a few minutes away from Renaissance Technology on Long Island. They only hire ppl with PhD's in computer science and mathematics. Also, don't ask me how, but they use algorithms where they observe cloud patterns in the sky (That's right clouds) to predict where the markets are going to go up or down. They look for patterns where you would never think to look. Fascinating stuff.

@ojaypopeyee179 11 күн бұрын

That's some intresting stuff

@patience9323 11 күн бұрын

horse manure.

@CommunityNotesVerified 11 күн бұрын

Sounds satanic

@maximusprometheus6149 11 күн бұрын

@@CommunityNotesVerified How is that satanic exactly?

@CommunityNotesVerified 11 күн бұрын

@@maximusprometheus6149 the weather part

@19tzortz 11 күн бұрын

Hmm, what's more likely? Former NSA agent with no financial experience is such a genius that he vastly outperforms even the smartest people in the business with his private and secretive trading system, or, former NSA agent uses secret and private trading system with big "returns" to launder money for US security agencies?

@ssheikhspierre 11 күн бұрын

explains his super “secret successful sauce”

@orangemanbad 11 күн бұрын

Read my comment. It’s a cia black money fund used for UAP back engineering. Simmons has the top physicists in the world under him. Long sorry.

@malsmith2012 11 күн бұрын

@@19tzortz When you see how deep their criminality goes that's probably not as far off as some people would think.. They're (NSA etc) essentially criminal cartels/enterprises operating to ensure they keep their domenance in many facets of life.. Nothing is off limits to them.

@Victorkapz 11 күн бұрын

That's a trust me bro source

@gldn2092 10 күн бұрын

freemasonry and mafia

@Evermorecurious 9 күн бұрын

I have a ton of respect for this fund. They have a two tier fee. 5% Fixed and 44% performance fee.

@PoshanMind 11 күн бұрын

As a seasoned investor, I appreciate application of artificial intelligence in modern portfolio management by notable portfolio managers like Abby Joseph Cohen Services. She harnesses it to build portfolios that balance risk and return across different asset classes.

@RAKelBerquist 11 күн бұрын

I went from no money to lnvest with to busting my A** off on Uber eats for four months to raise about $20k to start trading with Abby Joseph Cohen. I am at $128k right now and LOVING that you have to bring this up here

@Merissabade 11 күн бұрын

How can i reach this abby Joseph Cohen, if you don't mind me asking?

@RAKelBerquist 11 күн бұрын

@@Merissabade Well her name is 'ABBY JOSEPH COHEN SERVICES'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

@EnaEnrriques 11 күн бұрын

Same, Abby Joseph Cohen hooked me up with a late-stage fund that got me in on private shares of some hot companies before they hit the market or blew up. Those investments totally paid off when the companies went public and their stocks shot up. Now, I’m stoked because I’m heading into retirement with almost a million bucks in my portfolio.

@EnaEnrriques 11 күн бұрын

The thing is people often doubt the prospects of financial advisors like Abby Joseph Cohen in business/markets today. Well it gives me more time to get ahead while they stew in their own pity and doubts as they childishly complain about those spreading the word

@CoolestGuyInTheRoom 11 күн бұрын

PBD insurance business makes PrimeAmerica look like Harvard.

@mattwilloughby5390 10 күн бұрын

Why? I’m from NZ and insurance so curious.

@JudeMarchisio 11 күн бұрын

We love him here at MIT, he did a lot for the school as an alum.

@GloryFit 11 күн бұрын

whats good for the goose is good for the gander...but of crooks

@Cat-vs7rc 11 күн бұрын

AI Summary: The video tells the story of Jim Simons, a billionaire and founder of Renaissance Technologies. Simons began his career at the NSA but was fired for criticizing the Vietnam War. At 40, he entered finance, creating Renaissance Technologies and its Medallion Fund, which utilized AI from 1982. Despite initial losses, the fund achieved a 69% annual return, far outpacing other major funds. Medallion Fund became exclusive to employees due to its high performance, maintaining secrecy around its technology. Simons' success underscores the value of math and AI in finance.

@FelipeEscobar86 11 күн бұрын

I know how to read thanks.

@Lucius535 11 күн бұрын

Thank you!

@Titlegal 10 күн бұрын

Now that’s an incredible employer.

@douglassabourin9977 11 күн бұрын

Simons has been following Nancy Pelosi’s trades.😂

@orangemanbad 11 күн бұрын

Nope. It’s a cia black money fund for UAP research.

@somebody3 9 күн бұрын

Then they couldn't even beat the market, because Pelosi isn't beating the market this year and performing worse than everyone else this year.

@davidhooper259 11 күн бұрын

Simons said his fund only made out on 51% of the trades. He truly looked at it like a card counter at the blackjack table. He gave a rip about long term gains and growth stocks.

@Dan16673 11 күн бұрын

Yup

@somebody3 9 күн бұрын

No such thing as 51% of the trades because you can't make and lose exact same $amount on each trade. He could make 60% profit on 45% of trades and still win. The fund's edge was just small and comparable to casino's edge.

@davidhooper259 9 күн бұрын

@@somebody3 trades can be binary and they were high volume traders. If only profit or “win” 51% even 50.00000001% of your trades-yes it’s possible to be in the black. Think like Mathematician not a trader.

@JonathanRodriguez-yh7js 9 күн бұрын

Then explain to me how every politician destroys the s&p 500 every year consistently?

@quantumtechcrypto7080 6 күн бұрын

Free market doesn’t create these billionaires. Governments do.

@cchavezjr7 11 күн бұрын

It was not AI

@gentbinaku4458 11 күн бұрын

en.wikipedia.org/wiki/Chern%E2%80%93Simons_theory

@SynchronicitySequence 11 күн бұрын

Exactky LLMs didn't exist until 2017

@SynchronicitySequence 11 күн бұрын

Via GPT-4o: Large Language Models (LLMs) have their roots in the early days of natural language processing (NLP) and artificial intelligence (AI). The concept of using statistical methods to understand and generate human language dates back to the 1950s1. One of the earliest examples was ELIZA, a program developed in 1966 that could simulate a conversation2. However, the modern era of LLMs began with the development of the transformer architecture in 2017. This architecture significantly improved the ability of models to understand and generate text, leading to the creation of powerful models like OpenAI’s GPT series3. If you’re interested in how these models have evolved or their applications, feel free to ask!

@SynchronicitySequence 11 күн бұрын

The transformer architecture is what makes AI, AI.

@alanbejarano4940 11 күн бұрын

This is my only complaint with PBD and his thing with AI. Every AI model incorporates algorithms, but not every algorithm is AI. There are dozens of trading algorithms available right now, that perfectly work given the proper circumstances, so this is not something new or revolutionary. They treat this like it is General Artificial Intelligence, which we are very far away from it.

@chrism7199 10 күн бұрын

When you realize PBD has no clue what he’s talking about, that “quant” as in quantitative analysis does not mean quantum math…

@charlesmiller6138 6 күн бұрын

$1 to $42? S&P was 260 in 1988 let’s call it 5600 today. That’s a 21-22x

@tommyl3207 11 күн бұрын

What this should tell you is that the next 5 years are going to be 5 of the greatest years in market history. Electricity in the 1920s. The internet browser in the 1990s. AI in the 2020s.

@thekingsdaughter7888 5 күн бұрын

All I know is that there will be NOT ONe dollar in HELL.

@brusso456 3 күн бұрын

of course there are trillions of dollars in hell, what do you think they are burning to keep it toasty down there. each dollar represents a unit of human suffering.

@JJSBBQ1976 11 күн бұрын

I love your show, thank you guys for what you do.

@milleniallgt9715 11 күн бұрын

On highest funds, yieldmax comes out 2023, hold my beer! 60-100% a year in returns! 👏

@Compounding_King 9 күн бұрын

Love your channel Bro!!! I hope I get the chance to meet you some day! My daughter is half Persian from Iran, I am an American capitalist mindset, and love all races and ethnicities and I stand for America winning and becoming wealthy to help others!!!!!

@Dj1timeWonka 11 күн бұрын

Great idea for the news site! Cant wait.

@waqidj 10 күн бұрын

the way he says okay.. oikaiy 🤣.

@superstarimportant5751 11 күн бұрын

Fantastic episode!!! Love to hear more about finances 😍

@JJSBBQ1976 11 күн бұрын

Trump 2024 god bless America

@jizim8947 11 күн бұрын

RFk Jr for president 🤞🙏🍀

@Koolhand85 5 күн бұрын

Buffet folding his arms at the answer is a tell tale sign he wasn’t comfortable. 😂😂

@highlanderthegreat 11 күн бұрын

hey guys, same thing happened with HOME DEPOT.. just think if you worked for home depot back in 1977 and stayed with them until they went public in 1981... you bought say 1000 or 2000 or 3000 shares at their EPO.. at 12 dollars and road it until 2000... you would be well off today..

@taklfarms2575 11 күн бұрын

My kids are learning gps math in the new farming style.

@thelordrico8109 11 күн бұрын

Hawk tuah that thing Lmaoo

@JJ-jn7ei 10 күн бұрын

Soooo, whose coffee can I make at the Medallion fund? I can even pick up your dry cleaning 😊

@NichoTBE 10 күн бұрын

I remember reading about this, think they discovered something where they would go long and short at the same time and pocket the difference, with thousands of short term trades per day.

@larrysmith2608 11 күн бұрын

The tech was simply early stages of High Frequency trading.

@kortyEdna825 8 күн бұрын

My portfolio doesn’t just cater to dividend stocks. I hold $VFIAX (S&P 500 index fund) in my Roth IRA and $VTI (Total Stock Market ETF) in my taxable brokerage account. Two of my largest holdings. The individual dividend stock positions all complement the index holdings.

@NicholasHarmon-ow3jl 8 күн бұрын

Thats when you hire someone to manage your money. You need a (CFP) straight up! personally, I would invest in ETF's and also love investing in individual stocks.

@foden700 8 күн бұрын

I took charge of my portfolio but faced losses in 2022. Realizing the need for a change, I sought advice from a fiduciary advisor. Through restructuring and diversification with dividend stocks, ETFs, Mutual funds, and REITs, my $1.2M portfolio surged, yielding an annualized gain of 28%.

@PatrickFitzgerald-cx6io 8 күн бұрын

Your advisor must be really good, how I can get in touch with them as my porfolio isn't doing well.

@foden700 8 күн бұрын

Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

@PatrickFitzgerald-cx6io 8 күн бұрын

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

@aBOOBaMUSIC 11 күн бұрын

🤣😂 - difference between a PRO & a Novice is one gets paid

@dirkdiggler9174 11 күн бұрын

I have an amazing algorithm that has never failed in 50 years . Bye what the politicians bye . Some how they never seem to lose there money 😝

@davidbenhamou491 11 күн бұрын

Patrick I am part of a fund that has been doing 66% per annum over the past 8 years using Simons methods and a second fund that has been doing 24% for the past 18 years and you can still get in reach out so I can show it to you

@Grungefan2018 11 күн бұрын

Can you share the name of the funds ? Thank you so much. 61 yrs old and do not have enough for retirement despite packing away max feds allow for quite a few years now.

@davidbenhamou491 8 күн бұрын

@@Grungefan2018 the name of the fund is emerge funds

@Lucas-wv6wf 10 күн бұрын

Many people will fall for this 22 minute sales pitch. While 99% may end up wasting their money, 1% might actually profit from whatever Pat is selling.

@dnb127 8 күн бұрын

If you paid attention it's about a fund that you are not even able to invest into.

@Lucas-wv6wf 8 күн бұрын

@@dnb127 If you pay attention Pat introduces the fund and highlights its impressive ROI, crediting AI for these results. However, at 10:49, it transitions into a classic sales pitch for his free webinar, which conveniently focuses on AI. He presents both as 'can't-miss' opportunities and 'right environment to be ahead of the game'.

@RealGrandFail 11 күн бұрын

Damn, my fund is up there 😂 these are the top annual RoRs? I should make mine public and start charging.

@andyroid8103 11 күн бұрын

Someone is selling something here.

@edwardfitzpatrick1206 11 күн бұрын

I’m a huge fan of your show. I think you fabulous and I can’t. Thank you for your voice.

@rc7239 11 күн бұрын

NSA background tells me that he used surveillance and eavesdropping to gather intel and bet accordingly. I guess you could define that as "AI" 😂😂

@KingSNoe 11 күн бұрын

Happy 4th everyone. Enjoy the fireworks & celebrations

@universalmeditation8631 11 күн бұрын

It’s no secret that private equity gets you 30+%.

@Aaron565 10 күн бұрын

Private equity is opaque, illiquid, and usually only accepts accredited investors.

@respectkev5136 11 күн бұрын

39% is impressive. That been said, those numbers also tell us how powerful and sharp that guy Soros is

@teebone2157 11 күн бұрын

AI wasn't used in 1982. Simons and his group of math guys used advanced math to find trading patterns with high probabilities

@JohnSmith-zo6ir 11 күн бұрын

PBD ... do the same calculation for Blackrock. Their AI is called Alladin. 😊

@12Hydrocarbon 11 күн бұрын

Pat confuses people on purpose or this is how he communicates with his colleagues? 😂

@user-uo2bk7vz2l 10 күн бұрын

SAC and Steve Cohen pleaded guilty to insider trading in 2013, and I suspect many of the other funds on the list are guilty of the same thing. These guys are not geniuses. Jim Simons doesn't have a magic algorithm. It's rich guys getting a heads-up from their rich friends.

@Akeem_768 10 күн бұрын

They have a fund that the the public can join & it's performance is abysmal

@falcon127 11 күн бұрын

Patrick, slow down! NO MORE COCAINE for you! Good show!

@louiscypher4275 10 күн бұрын

Not a single hacker has been able to crack this so-call secret technology? I call bs.

@annsheridan12 11 күн бұрын

The magic of compound interest 😎👍🏻

@tomdarragh8692 6 күн бұрын

I’ve worked for some of these people. Very smart. Very nuts.

@lawrencel4274 11 күн бұрын

Sign up no email about webinar. Testing to see sign ups... and now have my email for their email list, but nothing in return! Shady!

@davemi00 11 күн бұрын

The Garret Van Wagoner group funds gave me returns of 90% to 213% a yr, thru the late 90’s. MS was impressive from the 80’s. Apple finally exploded w the iPhones.

@DaytonFlyers123 11 күн бұрын

Paul Tudor Jones & peter borisch nailed thr 87 and 88 drop. PBS has a documentary on it.

@AG-hl1ni 11 күн бұрын

Palantir Technologies PLTR pat has talked about this company before.....

@NOYFB982 11 күн бұрын

But he was a frikkin genius. It is NOT possible for just anyone.

@newshoundbc 11 күн бұрын

Your broadcasts are reassuring and satisfying with a growing constituency of urban shamans.

@Elaba_ 11 күн бұрын

They didn't want to pay taxes from what I have heard.

@KayFabe87 11 күн бұрын

Nobody wants to pay taxes and see their money squandered by wasteful government spending.

@AnnaMishel 11 күн бұрын

When something is too good to be true . . Maybe it’s not true!

@ec6833 11 күн бұрын

There is one person that has similar returns but closed his fund. Edward Thorpe. Ed also discovered a method to beat blackjack and roulette.

@Mac-qi5nz 11 күн бұрын

He closed a fund that charged 50% in fees and gave the same in return!?!? No offence but I can't see them letting him. You wouldn't be able to do it, you would be contracted to your shareholders. What happened?

@1JOHN2_20 10 күн бұрын

Great info

@rickb5275 10 күн бұрын

Most stocks move .25 to 3% per day. There’s a ton of money to be made in a market that has a clear trend of direction. I used to trade big blue chips for north of 20% annual return for a decade. It’s labor intensive but it’s very simple. I can’t imagine what smart math could do with this.

@user-fc7lb8nb9h 10 күн бұрын

Look at what happened in 2008 when the market tanked, they exploded in returns, amazing group

@snowbird6855 11 күн бұрын

Once there's AI that learns, students studying math becomes redundant.

@chrisblatcher 11 күн бұрын

Love the info, how about the XLG( top 50) and QQQ ( Nasdaq 100 ). Your opinion would be appreciated

@cyberft 11 күн бұрын

Why would you seek investment advice from people that didn’t make their money investing?

@sarieldeoleo2824 4 күн бұрын

Great job guys keep up with your amazing work

@jimmckittrick6515 10 күн бұрын

The only bad part about this is you pay taxes before the fees are taken out.

@zepho100 7 күн бұрын

It’s a front for the government. That’s why it performs well.

@zwriter3658 9 күн бұрын

The part that should be mentioned here is .. Simmons worked with a diverse group of talented people to develop this system . He was not alone

@1labrinth 10 күн бұрын

Eric Weinstein said Jim Simons told him, if you knew what we were doing you wouldn't be impressed.

@whodidit99 11 күн бұрын

But Simons could never have those returns if he had to manage as much money as Buffet does.

@Dan16673 11 күн бұрын

True. Only works at certain scale otherwise you move the market

@dannypowers4995 9 күн бұрын

No one would have had those good returns had government not printed up money and push it into the m2 money supply. Also government borrowing 34 trillion dollars pushing it out in to the system helped a lot. Money trickles up ,not down folks.

@Dan16673 9 күн бұрын

@@dannypowers4995 well duh