Renaissance Technologies - Trading Strategies Revealed | A Documentary
Рет қаралды 1,017,179
Күн бұрынFor 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 3 жыл бұрын
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 3 жыл бұрын
MLP m c
@Uday777 3 жыл бұрын
I watched this video 3 times I still want to watch it again its so knowledgeable
@selinagooglethestvekstrate8102 3 жыл бұрын
Very educative tutorial with well detailed information I appreciate, *The Semyon Tchernenko Strategy* was the only way i was able to get results. You can Google it.
@Uday777 3 жыл бұрын
@@selinagooglethestvekstrate8102 thanks Selina will look it up
@Finaius 3 жыл бұрын
@P Delta Check description
@sassydesi7913 3 жыл бұрын
So he didn’t take a course from Udemy or one of these bazillion social media traders?
@andrewgarcia3136 3 жыл бұрын
Course sellers certainly aren't making their money in the market haha
@define7433 3 жыл бұрын
If you take a course make sure you learn business and not stock prices
@biggestskaterfailkid 3 жыл бұрын
Just taking a guess here, but I also think he didn't blow his entire life savings chasing Robinhood recommendations. 😂😂😂
@Chillos100 3 жыл бұрын
No it was because of skillshare
@user-hi9gl6ud2o 3 жыл бұрын
Wkwkwk
@RosaLei Ай бұрын
RIP Jim Simons -The Legendary Genius Investor died today 05/10/24 -I linked this video to my friend last night and told her "This inspires me greatly!" Sad to hear but oh what a legacy he left. 🥰
@alexasecas5930 7 күн бұрын
SHE RESTORED MY FINANCES
@alexasecas5930 7 күн бұрын
Making money is action, saving money is behavior and growing money is knowledge. The basic step to acquiring wealth is figuring out your goals and plans, with the heIp of a financiaI pIanner you will gain rapid financiaI growth and enjoy the benefits of managing your finances.
@alexasecas5930 7 күн бұрын
FinanciaI growth was rapidly gained (gathered over 1M in 2years) through my financiaI pIanner. Got my 2nd house in May, hereby making my goaIs a reaIity.
@alexasecas5930 7 күн бұрын
Whosoever tries this sureIy acquires wealth. Get to her
@alexasecas5930 7 күн бұрын
ELlZABETH GREEN HUNTS.
@betonitcso 3 жыл бұрын
Simons is a simple man. No returns? Math. Not enough returns? Hire mathematicians. Still wanting more returns? Hire more mathematicians.
@storyofeverything552 2 жыл бұрын
Rofl
@maximilianwenker916 Жыл бұрын
Not that easy The mathematicians cost as well If you hire too many mathematicians you will inevitably face less return at some point
@ezwa9979 Жыл бұрын
Yl U think U hav a kEn observation, U didn’t notice B4 beneath & beyond his intuitive hiring of this or that excelling mathematician, was intuition. even if one is using understanding, math, AI, & so on, etc., as navigation tools.. before even that is awareness creativity, etc.- many have said monkeys have traded better then experienced brokers, but he has adapted that creative adaptive mind a monkey or any being might have- & used it with the understanding, measuring, etc. tools you HAVE noticed in your funny comment✋😉. It’s like this, no matter how good 1 is at math, thA’v gotta Use the force(which is actually thE ebb.-btw)
@johanconradie2120 10 ай бұрын
simple Simon says
@aN0nyMas 2 ай бұрын
single life no wife? hire a mathematician.
@atimko123 3 жыл бұрын
Interesting that Jeff Bezos used to work at a quantitative hedge fund in NY. He certainly knew the power of mega trends, large numbers and mass Market inception.
@namz2k11 3 жыл бұрын
how can i learn more about what you said e.g would you recommend me a book?
@duncanj206 3 жыл бұрын
Read "The Everything Store"
@pajeetsingh 3 жыл бұрын
Never knew it. I thought he flipped burgers. Source on what you said?
@sadmillionare3542 3 жыл бұрын
over analyzing
@LoliWaifuz 3 жыл бұрын
@@pajeetsingh flipping burgers is what the rich guys like to say to make it sound like they started from zero. Jeff bezos was a smart and talented guy who did well in school and after a few roles, ended up in DE Shaw, another very prestigious quant fund.
@ai.simplified.. 3 жыл бұрын
16:30 Don,t give up keep persistance 6:28 mean reversion strategy 7:02 stochastic(random) process 7:30 machine learning !!!!! @1980 7:54 kernel methods 1st to use mon_linear_,regrresion,pattern&clusters even correlations 8:48 8:56 high dimensional kernel regression works how long a trending will last 9:17 Combine mean reversion with trend following 9:27 20% return 9:28 game&information theory so they focus on shorter term traits to reduce risk by in&out quickly short term approach 10:32 kelly criterion or scientific gambling method 11:18 anomaly isn,t random with big data 12:42 starting equity business 13:50 natural language processing in 1990 wo0ow 13:07 Robust ability to hire talents
@trappart9209 Жыл бұрын
Great points, thank you 🙏🏻
@nobitanobi8888 8 ай бұрын
Machine learning in 1980, fucking hell...
@ai.simplified.. 7 ай бұрын
200 likes , thx Maybe it’s time for me to become youtube content reviewer.
@warsame0208 3 жыл бұрын
Correction - *Fields Medal is equivalent to Nobel Prize* not Oswald veblen prize, although it is still a very prestigious award
@nabeelhasan6593 3 жыл бұрын
People don't understand the value of Fields Medal because media over hypes Nobel too much
@borntodoit8744 3 жыл бұрын
We the public ...don't care about medals ...we care if you contribute materially to human endeavour. ...like Madam Curie have you saved lives,
@daveausmunchen7787 3 жыл бұрын
@@borntodoit8744 Yeah like mathematicians don’t contribute anything to society😂 Just one name: Carl Gauß Good luck trying to argue that one
@bdcopp 3 жыл бұрын
Most people would say the fields medal is the highest prize in mathematics.
@Finaius 3 жыл бұрын
True.
@TheDhauladhar 3 жыл бұрын
It IS the highest prize in Mathematics, but that would be for the rest of the world, for us the hapless lot. For those who believe there is a sharp fall into nothingness beyond the borders of the US it's that - the Henry Oswald's Medal for excellence in Subtraction 😎
@DavidSaintloth 3 жыл бұрын
Most people are correct , Oswald Veblen is focused on geometry and topology. The Fields is general mathematics.
@ipenguin3918 3 жыл бұрын
I thought so also. It's referenced in the movie Good Will Hunting.
@nc8087 3 жыл бұрын
I would say the Abel prize
@darrienjames30 2 жыл бұрын
This is a great documentary. It’s encouraging to see academics leverage their knowledge in the market.
@lukejohnson9696 Жыл бұрын
Yea only that he inherited a small fortune from his dad already. Like any other rich dope..
@danielhutchinson6604 3 ай бұрын
Robert Mercer figured out that even more profits were available to those who manipulate Political Elections. After proving that He could get any Idiot Elected to Any Office in 2016, Simons asked him to go away. Mercer appears to have franchised his Election Marketing methods to serve the entire Planets desire for profits. Installing the Proper Political Prostitute in the appropriate position, can create even larger profits.
@Goonfn99 2 ай бұрын
@@lukejohnson9696where is your source?
@DanT-iu6oc 3 жыл бұрын
Jim Simons apparently also the CEO of Evil Corp lmao
@lordcummings1481 3 жыл бұрын
facts we got phillip price all pver here
@Linkinpark4life333 3 жыл бұрын
Bro they look so much alike
@lordcummings1481 3 жыл бұрын
@@Linkinpark4life333 lmao we all gonna bow down to e corp now
@lechar92 3 жыл бұрын
from the miniature of the vid, I thought it was a shot from Mr. Robot
@DEEPANJANBISWAS 3 жыл бұрын
I was thinking they put a clip from Mr Robot there😂. Edit: they really did. 4:08
@Raymondjohn2 Жыл бұрын
Great video, I've been interested in investing ever since I came across articles of people making up to $150,000 and more in this period, thanks for the video but is it really possible for a retail investor to achieve this in months?
@lipglosskitten2610 Жыл бұрын
I've purchased numerous stocks in individual firms. Because there are so many stocks that will skyrocket in the long run, it is currently safe to buy in on ETF and ride it out. Due to fud, I sold out early, but then retraced my ways and re-invested $350,000 with a financial advisor who manages my account. I received an 82% return last year and will see where it goes this year.
@martingiavarini Жыл бұрын
that's quite impressive, you surely made a good bit of money. I myself invested in warren's BRK-A stock quite pricey but totally worth it.
@kenanporubsky2122 Жыл бұрын
@@martingiavarini I just started a few months back, I'm going for long term, I'm still trying to wrap my head around it, who’s this advisor you work with ?
@martingiavarini Жыл бұрын
@@kenanporubsky2122 'Christine Jane Mclean’is the coach that guides me. She’s a verified coach and she helped me see that returns can be made in both bull and bear markets. She covers things like investing, insurance, making sure retirement is well funded and looking at ways to have a volatility buffer for investment risk, lots of things like that.
@kenanporubsky2122 Жыл бұрын
@@martingiavarini thanks for sharing this, I am in conversations with your advisor, and she really has substance, having interviewed her properly and reviewed her model, I am hoping she takes me on quite seriously too
@boringafgames Жыл бұрын
Great video, keep it up! I think one key information missed out is the fact that these mathematicians had ownership in the company . If one of them made a winning formula they all profited. I think that was one of the key ingredients for Renaissance Technologies success.
@shabbirchowdhury6142 2 жыл бұрын
I have seen a few of your contents and it's really detailed and with new insights. I have been following Jim Simmons of RenTech to understand his strategy. You are first one to have broken in down. Brilliant well done.
@sacrydis9476 3 жыл бұрын
Keep up the great work! The quality of your videos are absolutely staggering.
@Kelberi 3 жыл бұрын
Don't give up! Stick to it if you believe in it.
@lizgichora6472 Жыл бұрын
So smart; ' hire the Smartest',' persistence has a lot of value along with patience. Thank you for this brilliant lesson Jim Simons.
@danielhutchinson6604 3 ай бұрын
How smart is "Smart"? Where do the effects of intelligent efforts directed at a goal, run into the actual day to day existence of Humans? Simons ran into conflicts with actual application of the principals, after enabling other "Smart People"......
@SouthSaharaMedia 3 жыл бұрын
The last minute of this documentary really comforted me .. been really low lately , suffered heavy loses with a strategy i thought was fullproof 😣
@Evelyn32423 7 ай 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?
@Scarlett34568 7 ай 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.
@Hazel5063 7 ай бұрын
A colleague once proposed the idea of diversification to me, hopefully for positive results to offset any negative performance. At once, I backed it up using an advisor in order to avoid any fiasco. As of today, my portfolio has yielded over $450k in profits, from an initial $180k this year alone.
@Hudson367 7 ай бұрын
How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?
@Hazel5063 7 ай бұрын
I had the pleasure of working with one and it proved to be immensely advantageous as they helped me restructure my entire portfolio. My advisor is none other than ‘CATHERINE MORRISON EVANS, a renowned figure in her line of work whom you may be familiar with.
@Hudson367 7 ай бұрын
she actually appears to be well-read and educated. I just did a Google search for her name and found her webpage, I appreciate you sharing
@gustavom8726 2 жыл бұрын
Woah! This is a super tier quality video. The quant developer comments are super accurate and well explained!!
@branevuyich7424 2 жыл бұрын
I discovered your channel yesterday, and have to say your contest is great, your dialogue, you dont make it boring and it is so detailed. Thank you! And I barely comment.
@Alvaroeduardo 3 жыл бұрын
This is a great channel, loving the uniqueness and depth of presenting the info. Keep it up, I´m in.
@Finaius 3 жыл бұрын
Thanks! This means a lot!
@ZenTradeGame 3 жыл бұрын
Your videos are so immersive, and clearly you did a lot of research. Well done!
@Finaius 3 жыл бұрын
Thanks
@BlackSwan-sq2iw 2 жыл бұрын
Being good at math really pays off in today’s world. Top math graduates who ended up in the top quant trading firms can expect half a million dollar package in their first year out of school. Even those who do make it to the top firms can expect couple hundred thousand.
@ChyeHeng17 Жыл бұрын
The level of the detailed research is so impressive. And I really like the flow of the story. Clearly explained to get the big picture. Can you share how did you find some of the so on-point relevant background videos?
@doostboost Жыл бұрын
Some of the clips are deepfakes
@ChyeHeng17 Жыл бұрын
@@doostboost never thought of this. No wonder it kinda look weird sometimes. That’s a great use of very relevant background but still having the right faces. Thanks Dusty for sharing. Appreciate the help.
@walterescalante6141 Жыл бұрын
@@ChyeHeng17 hahah yeah this some are deep fakes. it look strange to me how it look like scenes taken from a series or documentary haha.
@lynnkoeffler8326 3 жыл бұрын
The time frame on which a trader opts to trade can significantly impact trading strategy and profitablity. It really comes down to which trading style suits an individual trader's circumstances
@bernddamian9519 3 жыл бұрын
Each second the markets are open provides an opportunity to earn really good profits. Yet not every seconds provides a high-probability trades
@stevenjacobs5310 3 жыл бұрын
@@bernddamian9519 it's best to take trades that's align with your trading plan and offerer good profits potential for the risk being taken
@susanbaxtron8422 3 жыл бұрын
Avoiding bad trades is just as important to success as participating in favorable ones
@fosterwhales1027 3 жыл бұрын
Trading is hard work, I lost so much money these past months and I can't seem to figure out what I'm doing wrong
@lynnkoeffler8326 3 жыл бұрын
@@fosterwhales1027 Most traders make the mistakes of trying to trade on their own, with out having required skills to benefit from the market. I was once like that but it all changed thanks to an expert
@weilun0099 3 жыл бұрын
This man literally created a money printer
@Nature-bt5ip 3 жыл бұрын
Like Bernie
@Ali.lion23 3 жыл бұрын
A legal money printer
@gwagon3268 3 жыл бұрын
@@pqwerty1000 but this is pure liquid cash.
@subodh.r4835 3 жыл бұрын
Very inspiring. Thank you so much. Imma go use mean reversion in my algo trades now, for a start
@finaius4849 3 жыл бұрын
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.... ..... ......
@mkwok47 3 жыл бұрын
This is such a perfect video and channel that was just waiting to be made , thanks so much
@Finaius 3 жыл бұрын
🙂💞
@MrJupton1 3 жыл бұрын
Lot of great info and wealth to be gleamed in this short video! Thanks! Always thought that what Simon's did in the market was/is much great than Warren/Charlie duo.
@mobydick3895 Жыл бұрын
But other than mean reversion, he is not revealing what they are really doing. Similarly, Buffet keeps talking about "all you have to do is find when a stock meets this criteria" but nobody knows how to test every stock every day for some scads of different criteria. They are hiding the key features of what they are really doing. Beleive me they are not going to give away the store.
@omnipotent9919 Жыл бұрын
@@mobydick3895 true af also some said "Buying stock and forget it" lol this is really suck
@bossg2817 2 жыл бұрын
Never knew Greg Popovich is also a great trader.
@mmaranta785 8 ай бұрын
And he didn’t even have Duncan
@johncox5839 Ай бұрын
Kawhi not?
@miguelnuno928 3 жыл бұрын
I love your videos... Thank you for putting the work to produce such a beautiful peace of content
@---zg7ex 3 жыл бұрын
your video on simon is by far with the most insights
@ednan9 3 жыл бұрын
Non linear systems are so random that it’s extremely tough to model- perhaps the short term trading helped as for the long term this model can’t work.
@IwinMahWay 3 жыл бұрын
His average holding time is 2 days so yeahh
@borntodoit8744 3 жыл бұрын
@ednan9 lesson in life Always two ways to solve a problem. The hard way and the easy way. If it's too difficult then your obviously doing it the hard way stop and think what's the easy way.
@dom2555 3 жыл бұрын
arima models are non linear and perform well in the short term, just that though, has to be constantly retrained, that's why they don't do long run investments, most of machine generated trading is based on that.
@dom2555 3 жыл бұрын
@@franz5255 I doubt it as well, but not exclude it, could also be a more advanced system, still based on the same underlining principle of arima
@sasha4598 2 жыл бұрын
@@borntodoit8744 this is something worth tattooing!
@dominiksitarek1448 3 жыл бұрын
Good video. No need for unnecessary over dramatisation of his life and strategy, it is inherently interesting.
@OurNewestMember 3 жыл бұрын
Well put. This was an excellent production all-around
@markyzentana7540 3 жыл бұрын
very informative, best video about Jim Simons so far and his success in trading, etc
@janejane386 3 ай бұрын
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... 3 ай бұрын
I always advice new members to have an orientation on how it works before getting involved. Trade offers more benefits than just holding.
@maureen... 3 ай бұрын
Kate Floretta in stagram
@maureen... 3 ай бұрын
Kate Floretta Face book
@maureen... 3 ай бұрын
Google "katefxfloretta" anywhere take classes and learn to trade.
@vincentstewart1843 3 ай бұрын
having a mentor is also very important when it comes to Trade, with out that, it can be very frustrating.
@manojramesh2489 3 жыл бұрын
I’m a simple man I see valuable content I sub
@roycreditmasterfix.comeras5133 3 жыл бұрын
I got the best strategies to win trades with the help of the best trade analyst, I have won 8 of my 9 trades recently with his help with a profit of $7900 in just a week. [Mastershack D O T net]
@balboa-capital 3 жыл бұрын
The secret is he read the book "How to Fund Hedges for Dummies"
@BUCTHA4 3 жыл бұрын
Even the best trades and the most profitable trading strategies won’t be effective without strict money management rules in place to protect your winning trades and grow your portfolio
@Josep61 3 жыл бұрын
you sound quite experienced maybe you could give me one or two tips on how to overcome my struggle with series of reoccurring losses
@BUCTHA4 3 жыл бұрын
@@Josep61 Actually, I’m under an investment management service provided by an expert fund manager Mr Ronald B. Furey
@Josep61 3 жыл бұрын
@@BUCTHA4 How do you go about your trades with him? walk me through the process if you don’t mind
@BUCTHA4 3 жыл бұрын
@@Josep61 It’s actually easy on my end, all I have to do is provide capital, stand by for withdrawals and follow up whenever I need to learn some professional tactics while he does all the trading. I owe all my success to his contributions to in my swift and consistent profit earnings
@Josep61 3 жыл бұрын
@@BUCTHA4 How do you handle the risk of him failing to deliver or simply stealing from you also what’s your average take away in percentage??
@backseatgamer5656 3 жыл бұрын
wow I didn't know there's a striking resemblance between Jim Simons and Philip Price(CEO guy from Mr. Robot).
@Finaius 3 жыл бұрын
So much resemblance, including money and power.
@syedumair4622 3 жыл бұрын
Yeah man! I also clicked the video when I saw him
@Finaius 3 жыл бұрын
@@syedumair4622 Which personality is this?
@defhermann 3 жыл бұрын
I thought the same thing lmao I was wondering if I was still asleep
@ShubhamKumar-sj6dp 10 ай бұрын
Was going to comment this
@marif7633 3 жыл бұрын
amazing video very well presented shows you've done in depth research absolutely amazing
@Finaius 3 жыл бұрын
Ah, thanks!
@ForwardNewsToday 3 жыл бұрын
16:21 that girl is wearing a civic cryptocurrency shirt and she’s talking to Simons? There’s a huge clue as to which company’s crypto is backed by rentech
@tnsrs2719 Жыл бұрын
Always ahead of the competition. Forever innovating
@amazloum295 3 жыл бұрын
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 3 жыл бұрын
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 3 жыл бұрын
You are not seriously seeking to get a free strategy on KZfaq to run a profitable hedge fund, are you? If you are, then you outta touch! Ouch😆
@Tieshoes 3 ай бұрын
Thanks, this is what I was looking for in the comments.
@ChristophTungersleben 3 ай бұрын
Sell when over your setting.
@ignacioalmara2333 3 жыл бұрын
The longer the video the better. Thanks man
@Finaius 3 жыл бұрын
Thanks for the advice!
@tonyl6385 3 жыл бұрын
Excellent as usual. You have the most intelligent, inspiring channel on YT. Great job.
@rakboperera6215 Жыл бұрын
Brilliant content. So glad one of your videos popped in my recommendations and now I’m hooked.
@DeLanoLLoya 3 жыл бұрын
The thing about mean reversion is that the mean is a moving target overtime
@emiliozorrilla5188 3 жыл бұрын
4:11 I did not know Jim Simons worked at E-Corp with Tyler Wellick for a while!
@lflee 3 жыл бұрын
Is the whole video actually a joke?
@vsync 3 жыл бұрын
the soundtrack is even reminiscent in parts
@muabyt7333 3 жыл бұрын
@@lflee no
@adamhamid1458 3 жыл бұрын
great content! keep up the good work
@scansouth215 3 жыл бұрын
So good. Thanks for this. I'm starting my journey into investing in a big way.
@JC-xc8rx 2 жыл бұрын
Are you broken yet?
@rogercobbs4297 3 жыл бұрын
I wonder about risk management how much did they risk when entering a trade
@centralintelligenceagency9082 Жыл бұрын
that’s part of the Kelly Criterion formula. Proper bet sizes like you would in something like poker
@nickdechip177 3 жыл бұрын
A great video, thank you so much for making this.
@aonutube 3 жыл бұрын
Ren Tech: Billions and billions US Gov: We printing them as fast as we can.
@mechengineer7501 3 жыл бұрын
I congratulate you for the excellent documentary and wonderful story-telling! All the best.
@islandparadise 3 жыл бұрын
Best video summarization on this topic on KZfaq. Great videos keep it up!
@abdullahsaleem7865 3 жыл бұрын
The mixed fillers scene in video with Mr robot. Cool edition and also great content
@soloqueueonly2850 3 жыл бұрын
I pass his hedge fund driving alot and I dream that I can make it like him one day.
@ShabnamKhan-gg4xf 3 жыл бұрын
Ofcourse you will mate, hey you seem to be a good potential for the financial industry, let's connect! DM me on IG@cxo.farhan
@josephmartin6219 6 ай бұрын
Persistence has a lot of value and something that's really worthwhile can take alot of time to come to fruition and you ought to have patience if you believe in something to stick with it. - Jim Simmons Timeless Advice from a great mind.
@DailyProg 3 жыл бұрын
Amazing videos my friend. Truly enjoying knowing more about these financial personas
@reese5304 2 жыл бұрын
i think Jim Simons was the inspiration for The Architech in the Matrix. also the word "anomaly" is always in use
@dadermj6986 3 жыл бұрын
Very cool video Thank you, you have wonderful Content
@VampirusX 3 жыл бұрын
Great last words! Only if you give up you loose! Fight, loose, go back to the drawing board and exceed!
@luke.morepower 3 жыл бұрын
Really cool content
@shaikan0 3 жыл бұрын
Great content. Thank you for the effort. Subbed.
@avgb2115 2 жыл бұрын
ending the video with superman, hans zimmer flight theme, gave me chills
@CHASTAK 11 ай бұрын
Jim Simmons is one of my heroes
@shiv971 3 жыл бұрын
Why does he look like Philip price from Mr. Robot ?
@Uday777 3 жыл бұрын
Thanks a lot for the great work 😊👍
@revbem141 Жыл бұрын
I think the secret sause is the geometric average. In combination with the geometric average, i think that they utilise the rebalancing premium to manage their portfolio. combining these two ideas, one can make money from pure randomness.
@William.-. 6 ай бұрын
The blog breaking the market goes over this called geometric rebalancing
@happyhawn1856 3 жыл бұрын
Thank you-very well done.
@Finaius 3 жыл бұрын
*Thank you* too!
@kentvandervelden 2 жыл бұрын
The Oswald Veblen Prize in Geometry may be the most prestigious prize in geometry, not sure, but the Fields Medal is often considered the Nobel Prize of Mathematics, 3:34. Wonderful video!
@ytdufy 3 жыл бұрын
Dudes, KZfaq 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 3 жыл бұрын
Oh man that ad is killing me, also that grammerly crap, it's on repeat non stop and I have zero interest.
@ShadowMind312 9 ай бұрын
Most market price action presents leptokurtosis, meaning its Gaussian PDF will have a higher tendency for outliers. This, along with combining trend and reversion is enough to build a positive expectancy model.
@manndesai6173 3 жыл бұрын
Keep up the good work. Excellent video 👍🏼👍🏼
@f93nmx82 3 жыл бұрын
Could you please explain the reason why random processes aren’t actually random? You skipped over the stochastic part very quickly and I didn’t understand. Thanks and good video.
@Finaius 3 жыл бұрын
They are random. But it doesn't mean unpredictable. You can still model them and have some idea what the mean value is over the long run.
@Finaius 3 жыл бұрын
For example you can have a random process with the mean value of one and a standard deviation of 0.5. Each value it generates every step is random, but you can have a good estimate of probability of what range of value it generates.
@roycreditmasterfix.comeras5133 3 жыл бұрын
I got the best strategies to win trades with the help of the best trade analyst, I have won 8 of my 9 trades recently with his help with a profit of $7900 in just a week. [Mastershack D O T net]
@doggygaming950 2 ай бұрын
Coin flips are random. But over large sets they will revert to 50/50.
@DanielFlores-no9wc Жыл бұрын
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 .
@wuschelbeutel 3 жыл бұрын
Wow, I'm impressed by the depth and production value of your video
@techlife4233 3 жыл бұрын
I see great future for this channel .
@jle4433 Жыл бұрын
These outcomes are mostly based on huge leverage that Renaissance can swing.
@MINTU361 Жыл бұрын
Explained in very well way…. Kudos and keep continue
@ikedacripps Жыл бұрын
As an entrepreneur you best ability is to realize everything is interdisciplinary. You gotta to be a jack of all traits on some level.
@Trancer006 3 жыл бұрын
That quant developer's voice is great ASMR! Would like to watch more of his analysis.
@DavidPSstacio 3 жыл бұрын
🙏 thanks
@MRIPETCTSupportEngineer 3 жыл бұрын
I really like your narrating style
@tubagusprasetya2506 3 жыл бұрын
This, quality content right here
@ergerg2 3 жыл бұрын
Great video, I'm looking forward to checking out your other content.
@sasmills 3 жыл бұрын
Phenomenal
@jainroy9204 9 ай бұрын
It was so resourceful ...i will make it happen at least 1 billion.....I stared with some strategy which give very good returns now I guess I need powerful computers so that we can examine the entire market view in Deep
@konradw.4860 Ай бұрын
I am convinced that Jim Simons, behind all the facade of supercomputers and complex mathematical models, hid a simple trading rule that he probably discovered himself and that a skilled mathematician could apply with high probability just a few minutes after familiarizing themselves with its principles. Such a rule exists because I also managed to figure it out after 16 years of considering why prices sometimes go up and sometimes go down. He simply concealed its simplicity, hiding the straightforward and logical actions behind the entire system of supercomputers and an army of mathematicians supposedly crunching a few numbers in a table.
@roshakchinapalli2969 Ай бұрын
no way, tryna explain more?
@brendanlydon5272 3 жыл бұрын
They don’t want u to think mean reversion still works...
@roycreditmasterfix.comeras5133 3 жыл бұрын
I got the best strategies to win trades with the help of the best trade analyst, I have won 8 of my 9 trades recently with his help with a profit of $7900 in just a week. [Mastershack D O T net]
@isoSw1fty 3 жыл бұрын
Oh it still works. I use it and my forecasts are rock solid.
@draked8953 2 жыл бұрын
Mean reversion works very well, if you can limit the tail risk anyway
@user-or7ji5hv8y 3 жыл бұрын
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 2 жыл бұрын
It was all about using novel non linear models and specific betting methodology
@joonalehtinen5462 2 жыл бұрын
i have now spent a week learning deep learning and neural networks to make a model. wish me luck
@tonypeter8209 2 жыл бұрын
Created genius trading program 👍
@siegelmc9061 3 жыл бұрын
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 3 жыл бұрын
Hello I keep losing trying to invest with some online KZfaq 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 3 жыл бұрын
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 3 жыл бұрын
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 3 жыл бұрын
Fucking bots everywhere now a days.
@the_notorious_bas 3 жыл бұрын
Most important, they don't learn from their mistakes.
@onlywangs69420 3 жыл бұрын
Really enjoyed this video. Hope to see more in the future
@hindy51 3 жыл бұрын
I maybe wrong, but I think Kelly Criterion only works when the distribution of the returns is Gaussian.
@William.-. 6 ай бұрын
Nop
@nilspin 3 жыл бұрын
Love the subtle memes. Bravo :)
@Finaius 3 жыл бұрын
Omg, thanks 👍
@goerizal1 2 жыл бұрын
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.-. 6 ай бұрын
Good question
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