The $25B Day Trader that Even Warren Buffett Acknowledges

Рет қаралды 909,953

Күн бұрын

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Jim Simons is the world’s richest mathematician. Forbes estimates his wealth to be at a staggering $24.6b currently. Jim Simons gained most of this wealth through conquering the world of trading by starting the “quant revolution” with his company Renaissance Technologies and the Medallion fund. The Medallion fund has the best track-record of any hedge fund in history. It has averaged a 62.9% return per year before fees, and 37.2% net of fees, verses 11% for the S&P 500. That is the most impressive investment record I’ve ever heard about, it’s even better than Warren Buffett’s, although it has been accomplished with a much smaller capital.
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Also, for my private stock portfolio & revealing insights into my investment strategy, head over to: / theswedishinvestor
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Warren Buffett’s 25 Most Important Investments Ever (RANKED): • Warren Buffett’s 25 Mo...
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Top 5 takeaways from The Man who Solved the Market by Gregory Zuckerman:
00:00 Intro
02:50 1. From $0 to $25b
09:58 2. Medallion is a Short-Term Predictive Algorithm
13:44 3. Medallion Requires TONS of Data
16:05 4. Medallion is Based on Advanced Mathematics
17:55 5. Don’t Try This at Home!
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My goal with this channel is to help you make more money and improve your personal finances. How to become a millionaire? There are many ways to get there - investing in the stock market, becoming a stock trader, doing real estate investing, or why not becoming an entrepreneur? But whether you are interested in how to invest in stocks or investing strategies for creating passive income with rental properties - I hope to be able to provide you with a solution (or at least an idea) here. Warren Buffett - the greatest investor of our time - says that you should fill your mind with competing ideas and then see what makes sense to you. This channel is about filling your mind with those ideas. And in the process - upgrading your money-making toolbox.

Пікірлер: 893

@TheSwedishInvestor 3 жыл бұрын

Warren Buffett’s 25 Most Important Investments Ever (RANKED): kzfaq.info/get/bejne/oLOli8Jezaubg4U.html

@josephfrys6969 3 жыл бұрын

I'm new to this Bitcoin trading, how do I get started with a professional expert

@josephfrys6969 3 жыл бұрын

Any specific guide

@spartan_x3186 3 жыл бұрын

That's the gain of starting early that warren buffet got.

@Dan-uf2vh 2 жыл бұрын

S&P500 DOESN't return 10% a year. If you factor inflation and perform a proper weighted line across its logarithmic chart, then calculate slope and then SUBSTRACT INFLATION, you find that S&P500 only returns little over 3% a year, and you also have to live with the fluctuations which mean you can have 5-10 years of negative returns.

@JeanCharlesEvrard 3 жыл бұрын

To my eyes, Jim Simons is not a "day trader" he's a brilliant mathematician and statistician. Moreover, almost nobody can replicate what he does whereas value investing is open to virtually everyone. Really good video as always!

@destruction8192 3 жыл бұрын

He is a String Theorist

@axnoro 3 жыл бұрын

@@destruction8192 0 relevance xD

@brittanymillerry2327 3 жыл бұрын

What did he do?

@Osamulee 3 жыл бұрын

The way trading is so diversified their is need for a guidance from a pro broker to avoid making losses higher than your profit.

@Yandelko 3 жыл бұрын

SELF TRADING IS TOO RISKY IF YOU DON'T HAVE THE KNOWLEDGE AND STRATEGIES ON HOW TO TRADE AND READ MARGINS.

@ariavachier-lagravech.6910 3 жыл бұрын

The thing about Jim Simon is that he is a brilliant mathematicians whereas most people doing day trading is not brilliant mathematicians

@DCUOCover 2 жыл бұрын

you dont need to be a brilliant mathematician to make money day trading........... do you need to be a brilliant mathematician to make 24billion probably to make 10million probably not.. stay humble.

@ActCriticalX 2 жыл бұрын

Are not*

@keikwan2076 2 жыл бұрын

most day traders cannot even figure out college algebra

@gregaustin6067 2 жыл бұрын

You have to be brilliant to be able to predict the crypto market.

@rejoicepamela1729 2 жыл бұрын

@@gregaustin6067 No wonder my mentor EXP Mrs Lisa kadek is very good at her work cause she's very brilliant,🤔

@gearsNtools 3 жыл бұрын

so basically a bunch of math PHD's figured out how to print a money printer, then they got bored and made a bigger one!

@katefinance181 2 жыл бұрын

Thanks for watching. For support on investment purposes, trading tips, guidance on DOGE, ETF, ETC, BTC, CAD, ADA*** T*E*X*T•••M*E•••As soon as possible👍

@EphReinhard 3 жыл бұрын

Hollywood mathematicians: Live and die lonely and neurotic and sad and broke. Simons: Hold My Billions

@Stoneface_ 3 жыл бұрын

@The Swedish investor scammer

@yosamitesam6103 3 жыл бұрын

"Hold my billions" said no billionaire ever

@harmhoeks5996 3 жыл бұрын

Rich, yes. The rest is true

@azimjamal9726 2 жыл бұрын

*Hold my medallion

@royslapped4463 2 жыл бұрын

What the heck are Hollywood mathematicians

@gentgjonbalaj8359 3 жыл бұрын

In 2016 I went to a topology and geometry conference where I met Simons. He actually gave a talk about his whole life. If I recall correctly, he said he went to Berkeley where he solved a famous open geometry problem. Then after his PhD he lost his passion for research in topology and started cracking codes for the CIA. A couple of years in he was fired and that started day trading. He said he day traded for a year or 2 and made good money. He acknowledged that most of his profits where really due to lucky and then noticed that the market has a sort of structure to it. So he called up a bunch of brilliant people he knew and started applying statistics and probability theory to gain a hedge in the market. Bam the first quant fund was born. He is honestly fuckin brilliant. This man has a whole theory behind that studies vector bundles over manifolds called chern-Simons theory. None the less when your really smart you can do what ever you want. Haha

@masaeffy 3 жыл бұрын

omfg hes like a fucking megamind, im so impressed. We'll probably never even conceive what its like to be that fucking brilliant

@mavinharley7907 2 жыл бұрын

Learning the secret behind forex trading can make anyone a millionaire. I became a millionaire after learning how to trade forex using the secret strategy and signals. I made huge withdrawal today.

@gmorgan894 2 жыл бұрын

@@christianwilliams1715 clarke kent mate

@benitolopez725 Жыл бұрын

I recalled the exact same thing on my trip to wikipedia

@sarkervlogsusa3776 Жыл бұрын

Chern-Simons is one of the most cited academic papers ever

@trdfrguson007 3 жыл бұрын

I watched the annual meeting and this is the first time I have heard Warren and Charlie say anything positive about a short-term trader.

@TheSwedishInvestor 3 жыл бұрын

Indeed! I've watched the meetings from 1993-2020, there's nothing there. Read most of the annual reports from 1965-2021, nothing these. Then all of a sudden! 😂

@markettradinggenius 2 жыл бұрын

@@TheSwedishInvestor which goes to show you that a wise person will effectively acknowledge a 'wronged' preconceived idea; even against their own egos, even though they know they could never replicate the actual process themselves. That is wisdom in action...

@Masfugo 3 жыл бұрын

Next time someone says "why should I learn math?" I will give this video to them

@ZixZone 3 жыл бұрын

"in the form of an NFT"

@Stoneface_ 3 жыл бұрын

@The Swedish investor scammer gtfoh

@satoshinakamoto7253 2 жыл бұрын

its the language of nature

@MrAlRats 2 жыл бұрын

You can't do this by just learning math at school. These are people with PhDs.

@derherrdirektor9686 2 жыл бұрын

And being a genius. Holding a math phd by 23! Knowing alone that people like this exist makes me feel inadequate.

@jfrd-pw4hk 3 жыл бұрын

Jim Simons is a super-genius. His moneymaking method is hard to replicate. Buffett and Munger are smart too but they use a money-making model that can be replicated by more people.

@abdullahg4919 3 жыл бұрын

This is fake Reply

@Omariau 2 жыл бұрын

You think it can be replicated by more people. But it can't. What Buffet did look simple in retrospect. A lot of brillant things look deceiptfully simple.

@tudor8963 2 жыл бұрын

There are other aglorithmic traders out there that are very very Smart but dont actually use any econometrics. Inner circle trader for example is a very Smart guy that anticipates forex Market moves by noticing patterns that indicate such moves. He is truly a brilliant guy and I recommend looking him up. There are a lot of fake comments out here, mine ain’t one

@Jay-pc2ev 3 жыл бұрын

Kind of off-topic, but I appreciate how KZfaqrs provide information with pictures and animations it helps me grasp concepts 10x faster than I would if you tried to just tell me. I've learned more in a couple months than 4 years in high school. This is definitely the new and best wave of learning.

@user-pk7fd9re1f 3 жыл бұрын

Appreciate for your feedback! And thanks for watching for more info. Textme@ +1 (762) 250-7643

@speedfastman 2 жыл бұрын

Maybe you just think you've learned more because there's no test in the end to show if you actually did learn more.

@Oxazepam65 3 жыл бұрын

Medallion fund must be making a ton of money atm because there has never been as much day trader noobs.

@frankpark9571 3 жыл бұрын

Yeah... The scam bots are out in full force the past year or so. Alot of newbies getting wrekt

@HH-le1vi 3 жыл бұрын

A lot of idiots investing in meme stock too. They don't know what the hell they're doing. Then they wonder why they lose so much money.

@DrQuaid 3 жыл бұрын

@@HH-le1vi I've made more money in Q1 of 21 than I ever have. What kinda nonsense are you talking about? I don't know a single person who has bought any amount of "meme stocks" and actually lost money, except for those that bought near the peak in January; most of them have now made money also from averaging down. GTFO.

@dreamlotus6086 3 жыл бұрын

Arrogance is ugly. Everyone is a noob at one point.

@HH-le1vi 3 жыл бұрын

@@DrQuaid if investing in meme stocks is your strategy than you don't have any real strategy for long term growth. There's no fundamentals in meme stocks. It's all yoloing like idiots

@realestalex2728 3 жыл бұрын

I have always thought that the only reason why this day trading patterns seem to work is because the whole lot of day traders point them out at the same time and move the market in that direction, it makes sense to me that a far more clever day trader would end up taking the profits from them.

@skylergabriele6445 3 жыл бұрын

Yes and no. Day traders are often trading with the market, on a stock that is prime for day trading. What I mean is the stock is moving bullish, and also has the volume, news, etc. To make it good enough for a day trade. When day trading you're looking for one of the strongest, easiest moves. You're not gonna overpower day traders and the rest of the bullish market.

@louaimehena5575 2 жыл бұрын

Small and retail traders won't move the market if they did it will be tiny , big players are the one responsible for moving it

@putinsgaytwin4272 2 жыл бұрын

Yes I agree! I believe 80% of all stocks bought and sold are done by computers. I think they’re all coded in a similar enough way it’s just that some are faster than others. The “patterns” are caused by how those algorithms follow similar patterns.

@sportmodemgmt 2 жыл бұрын

Honestly everyone has their own perception so let others tell you what they think and move on ^^^ everyone is correct to themselves it’s like looking at a number thinking its one and not the other

@inactiveaccount4829 Жыл бұрын

@@skylergabriele6445day traders and bargain investors ARE the market. The elite simply know exactly what you’ll trade and bet AGAINST it. You’ll never fucking win. Don’t forget that.

@neves69 3 жыл бұрын

He's not a day trader... He's a quant

@pdorism 2 жыл бұрын

Quantitative is just a fancy word for technical

@calamorta 2 жыл бұрын

@@user-pk7fd9re1f lol

@LucaPizzoplus 2 жыл бұрын

@@pdorism it's not

@amanjha5916 2 жыл бұрын

@@pdorism w-w-what kind of shitfuckery is that analogy?

@jerryyap1516 2 жыл бұрын

Quant is day trading technically

@32AndreanC 2 жыл бұрын

Love how you bring each topic with easy drawing to understand. Thank you so much for that! Love your videos

@adipnarang3511 3 жыл бұрын

Very well done. The content is exceptional, the flow of information is on point and the graphics are exceptionally creative

@Arief351 Жыл бұрын

I use the service of a fiduciary under a great broker, that is the most effective way I have known for his expertise saving me from loses

@ratledgefreda2923 Жыл бұрын

how so? who is your fiduciary, I am having the worst time with trading so I need help

@Arief351 Жыл бұрын

Look up the name Benjamin ravies, that's the name of my fiduciary he trades the market for me with his expertise while I earn he charges commission on profits

@isaiah8332 Жыл бұрын

@@Arief351 thanks but I wish you can share his contact because I will love his help right now

@ratledgefreda2923 Жыл бұрын

@@Arief351 I do hope he accepts beginners

@edoardoRss 3 жыл бұрын

He is still one of the most intelligent man on earth. His mathematical discoveries are been used now

@on9lan 3 жыл бұрын

ok so i guess i donated 5k to their firm lmao

@krinka1458 3 жыл бұрын

Did you benefit at all

@heikinashi7186 3 жыл бұрын

Dm🖕

@lastyhopper2792 2 жыл бұрын

@@krinka1458 he meant he have lost 5k while he's doing trading

@spacejunky4380 2 жыл бұрын

Yeah right. Might as well give them my money now. I shouldn't even try now. You can definitely tell what's philosophy

@kingfedrick-alpha8454 2 жыл бұрын

Dude use a Buy limit order !!

@stupidguy97 2 жыл бұрын

Calling Jim Simons a day trader is misleading. He runs a company full of highly-qualified scientists who program computers to automatically trade; that's VERY different from what day traders do.

@peterbrian3911 2 жыл бұрын

Eh, trading is trading. Your average day trader COULD make his own algo, it just wouldn’t be as good. As long as your money is in on it, trading is trading regardless if you’re calling the shots or letting a bot do it for you

@stupidguy97 2 жыл бұрын

@@peterbrian3911 An average man can play football; he just wouldn't be as good as an entire NFL team.

@raheelakhtar7 2 жыл бұрын

Trying to outdo these kind of operations is like swimming vs circa 2008 Michael Phelps. You’ll be humiliated.

@filip9564 2 жыл бұрын

He traids, daily. Day-trader.

@sleepless2541 2 жыл бұрын

@@stupidguy97 they're both playing football aren't they

@gearsNtools 3 жыл бұрын

Nice work on this video, earned a sub!

@SuperNovaJinckUFO 3 жыл бұрын

Trading and investing are two fundamentally different activities, and they should never be confused for one another. Investing is the practice of purchasing and owning value generators (i.e. things that are going to give you a return over time). Trading is the practice of taking advantage of the market, essentially buying things in low demand to sell them in high demand. There's some overlap between them, in the fact that when you invest you don't want to overpay, and when you're trading assets their demand is usually going to be correlated with their potential for return as an investment. But otherwise, you need to approach the two activities with two completely separate mindsets. What will work for one, will almost certainly not work for the other.

@marindraganov5897 3 жыл бұрын

Trading can also be described as buying at whole prices and selling at retail prices.

@StevenSmith68828 2 жыл бұрын

Well I’m going to try and use Neural Networks to do the same as him with at least some of my portfolio. I think the risk is worth it.

@Ethan-kc5ug 2 жыл бұрын

Investing today is priceless because tomorrow isn't promised, trading bitcoin, gold, silver or any other crypto secure a better tomorrow.

@robertjames7645 2 жыл бұрын

Wow I'm just shocked some one mentioned expert Mrs Lucy Baldwins name i thought I'm the only one trading with her

@robertjames7645 2 жыл бұрын

She helped me recover what i lost trying to trade my self

@jacksonlucas5933 2 жыл бұрын

Yes I'm also a living testimony of Expert Mrs Lucy Baldwin

@jacksonlucas5933 2 жыл бұрын

Mrs Lucy Baldwin is obviously the best, I invested $7000 and she made profit of $28000 for me just in 21 days

@justicewarrior9187 3 жыл бұрын

He's NEVER been a day trader!!! He used mathematical models created by him to make software that trades for him

@brittanymillerry2327 3 жыл бұрын

Is this true?

@justicewarrior9187 3 жыл бұрын

@@brittanymillerry2327 🤦‍♂️ Did you even did research on the guy?

@bryanramirez1280 3 жыл бұрын

@@justicewarrior9187 No, hence why she's asking you.

@homiej5980 3 жыл бұрын

@@brittanymillerry2327 yes

@garyk.nedrow8302 2 жыл бұрын

Quite apart from the algorithms, technical analysis, and mountains of data mentioned in this video to explain the workings of Simon's hedge fund, we might also note that he had acquired substantial capital (his own and that of other people) in launching Medallion. He didn't build this track record starting with a $25,000 brokerage account.

@ApplesOranges123 Жыл бұрын

We appreciate the digest on the Simons book. Much obliged. Please keep up the good work, Skol!

@kal2352 3 жыл бұрын

Summary: Medallion is closed to outside money. They use a complex math model (AI) to earn money from short term trades.

@glorious_help 3 жыл бұрын

5. Don't try this at home: in the meanwhile I am building by own Algo

@cryptified5161 3 жыл бұрын

Wanna share?

@IntheEndAhNevermind 3 жыл бұрын

I think it's fine. Simons had to start somewhere too. Just bet small to start.

@l4k 3 жыл бұрын

Believe in yourself, they should never tell us what we should or shouldn’t try.

@gwagon3268 3 жыл бұрын

His fund is not limited to algo only. In algo trading you only automate the process, that's it. His fund uses a tons of strategies to model asset prices, look for consistent patterns using machine learning and also uses high frequency trading. So its a full fledged tech company.

@colinmaharaj 3 жыл бұрын

That's what I am trying to do. But I need real time data

@calvinfernandez1956 3 жыл бұрын

Love your videos man. They are alway high quality

@TheSwedishInvestor 3 жыл бұрын

Glad to hear that you enjoy them Calvin Fernandez! Cheers! 🙌

@karanpagare8669 3 жыл бұрын

Completely agree! Quality!

@helldevils4073 3 жыл бұрын

@@TheSwedishInvestor omggg I was literally waiting for this video since a week and you uploaded it, wowww!!! Thank youuuu ❤️

@MarkCW 2 жыл бұрын

Thanks for an interesting video and confirming why I'm a index tracker / value based investor.

@user-gy7cy7os7g 3 жыл бұрын

Medallion is the liquidity provider and is taking money from all those who are active in the markets. They are the bookies of the markets.

@HM-wn2in 3 жыл бұрын

Drawing trendlines on a head and shoulders pattern 🤣

@st0a 2 ай бұрын

Obviously, Jim Simons does not believe in astrology, man... "Head and shoulders" has nothing to do with mathematics or anything scientific.

@glorydays1565 3 жыл бұрын

Markets can be exploited both short and long-term if being done correctly. Short-term is potentially more beneficial as is shown by Simons and his group but requires much more effort to do so and tends to be more risky for those who fail. Yet again, Simon's achievement is extraordinary as it is the living proof that in principle market exploitation on the short-term is possible in consistent fashion over several decades. Unfortunately, it isn't repeatable for the ordinary investor and even for the vast majority of institutional investors. What's being left for normal investors is to focus on the long-term side of the market, even though performances won't be that high.

@Chrisdiamond322 Жыл бұрын

Exactly

@dvir-ross 2 жыл бұрын

Great video! Now i'm feeling happier that my phd main subject is markov chains 🙂

@axsup7g140 3 жыл бұрын

If all traders would stop trading because of this video, Renaissance wouldnt make money anymore! ^^

@peterramsay1767 3 жыл бұрын

Expërt Cryptö W\H\A\T\S\A\P\P + 1 =9 =5= 4= 8= 9= 0= 9 =4 =5= 2 I\N\V\E\S\T\I\N\B\T\C\A\N\D\E\T\H\.

@joeGuizan 3 жыл бұрын

Human nature dictates trading will never cease.

@GarrisonBush 2 жыл бұрын

Not a Day Trader, the fund was an Arbitrage trading firm there’s a difference there

@1kark1 3 жыл бұрын

Actually loved seeing the “reddit threads” thrown in there

@peterramsay1767 3 жыл бұрын

Expërt Cryptö W\H\A\T\S\A\P\P + 1 =9 =5= 4= 8= 9= 0= 9 =4 =5= 2 I\N\V\E\S\T\I\N\B\T\C\A\N\D\E\T\H\.

@hghori1 3 жыл бұрын

Thank you for the video summary. I read “Flash Crash” by Liam Vaughan and what struck me about Navinder Singh Sarao, was the numbers / profits he was putting up day trading and swing trading (seemed like he was making more money scalping) Let’s face it, most of us will take the easy way of investing in dividend paying or value stocks, or index funds and try and become like Ronald Read in Vermont who amassed a USD 8 million fortune or like Sylvia Bloom who did the same. However, what i have learned from reading warran buffets biography is that even he used to day trade early in life. It’s a great way to start your investing career and get your kids hooked onto saving and investing. Keep up the good work Swedish investor. Nice vids.

@cauenouer5302 3 жыл бұрын

Hey man, I definitely love your videos! I think I've watched almost all of them. It was a pleasant surprise that this video was about the book I'm currently reading. I share the same key takeaway from it. Trading is not something we can do at home. hahaha Cheers!

@TheSwedishInvestor 3 жыл бұрын

Hey Cauê Nouér! Cheers for the support, I appreciate it! No, it seems that strategies which are too easily "quantifiable" are better left to the computers in my opinion too.

@BrendenDiaz 3 жыл бұрын

This was an incredible video. Deepest thank-you for all of your work. We've gained immensely because of this video.

@user-pk7fd9re1f 3 жыл бұрын

Appreciate for your feedback! And thanks for watching for more info. Textme@ +1 (762) 250-7643

@SD4... 3 жыл бұрын

Don't compare Jim, a literary GENIUS (and his fund is full of top tier genius) to those clowns that call themselves day traders 😂🤣

@roninacolyte 3 жыл бұрын

literal, not literary

@mauromejias8840 2 жыл бұрын

Jim Simons day trader? he, as a mathematician, does not have any idea how day trading work. he is a hedge fund he is not a trader. have you ever heard of Takashi Kotegawa? check it if you want, day traders are the nightmare of JIm simons and Warren Buffett because they are the only one that make profit from their portafolio

@OakQueso Жыл бұрын

@@roninacolyte wow you're not very smart

@cantripleplays 9 ай бұрын

@@mauromejias8840 jim simons isnt a day trader, correct. However, day traders arent the nightmare of jim simons, day traders give him money (overall) not lose him money. How? Well is it explained in this video, but i'll go a bit further. The automated models he uses are day trading models. These models are automated and make him money. How? Well by exploiting the behaviour of day traders. While jim simons himself may not understand day trading, his ai does.

@lilsaint256 3 жыл бұрын

This video will save a lot of people (retail investors) a lot of money if they can grasp what’s been said. Unfortunately learned this the hard way. Settling for average returns from index funds will beat most investors, most of the time.

@immaculatesquid 3 жыл бұрын

yep you always hear about the guy who risked his life savings and became a millionaire but you never hear about the people that got wiped out. and the ratio is at least 10-1 wiped out to millionaire.

@silentstromxx 3 жыл бұрын

can you share your experience and dos don't s

@doncosmopolitan 3 жыл бұрын

Or just set a stop loss for every trade? If you have a bunch of open positions on generally good stocks your gain ratio should drastically outnumber your loss. Pertaining you play the trend and take profit.

@angelicaavalos7029 3 жыл бұрын

@@immaculatesquid Keeping all your savings in cash is warranting your liquid assets a definite loss to inflation. In the long term, the stock market is expected to outperform the inflation rate. This means that some of the money you have saved should be invested in the stock market.

@angelicaavalos7029 3 жыл бұрын

@@immaculatesquid if you really wanna to become a millionaire, you have to engage the idea of investing in stocks in other to increase your investment portfolio

@rp627 3 жыл бұрын

thanks so much for this video.... i’ve never traded in my life, and recently, i was thinking about beginning, and to begin, just play with tiny trades, just to have a good workflow / set up / etc.... and though i thought about this, i’ve never really got to trying any of that stuff... though i was so enticed to try crypto (a whole ‘nother level of non-sense..) i always intuited the main idea behind this video to be true, especially now in 2021, that: machines are far superior than any human at that sort of crazy statistical / mathematical “day trading” (and leverage?) stuff... but machines suck at predicting politics, cultures, societies: the future, as well as a human can. Only a human can write a history book, or a futurist book... not a machine.. for now! (if neuro-link can assist people to read quickly and grasp ideas quickly though... we might be screwed.. :p)

@user-pk7fd9re1f 3 жыл бұрын

Appreciate for your feedback! And thanks for watching for more info. Textme@ +1 (762) 250-7643

@derherrdirektor9686 2 жыл бұрын

Never heard of GPT-3, I guess..

@sergeyi.7037 3 жыл бұрын

That was very informative, thank you for all explanations!

@PhillCurtis 3 жыл бұрын

I can't say how much this channel means to me 👍 binged the hell out of the vids and got some great book suggestions that I'm reading. Thanks as always

@TheSwedishInvestor 3 жыл бұрын

I'm flattered! Very thankful for the support Phil Curtis, cheers! 🙌

@aruyukimayu1199 Жыл бұрын

Your videos are great but at 3:27 many people would assert that yes the medium does matter. Nevertheless your summaries are great previews for many of the books - then when I look into the books there is so much more to learn though and it has a greater impact on the mind when you read the lines yourself.

@janetchang1527 3 жыл бұрын

Fantastic video ~ very interesting. Thank you! I enjoy all your videos.

@donmaguire5635 3 жыл бұрын

Thank you for watching, endeavor to write as soon as for more info and tips 👇 *+#1#6#6#9#3#0#2#1#2#8#8* *Whatsapp*

@jarrettrobinson6424 3 жыл бұрын

Your contents world class mate, shout-out from South Africa

@donmaguire5635 3 жыл бұрын

Thank you for watching, endeavor to write as soon as for more info and tips 👇 *+#1#6#6#9#3#0#2#1#2#8#8* *Whatsapp*

@ShaferOh2 3 жыл бұрын

1 year in, my investments are growing, I’m becoming less and less emotionally attached to my money. Still need help becoming a millionaire.

@ShaferOh2 3 жыл бұрын

1 year in of watching all of your videos **

@anishadamane4179 3 жыл бұрын

@@sgaisacadey4860 Scammer

@Ghanshaman 3 жыл бұрын

Check out covered calls & cash covered puts.

@angelicaavalos7029 3 жыл бұрын

@@ShaferOh2 We must take into consideration that great achievement entails great risk

@angelicaavalos7029 3 жыл бұрын

@@ShaferOh2 no matter the size of your capital in trading or investing, losses are going to be inevitable, particularly in the high volatile market most especially stocks and crypto

@George-ps5 2 жыл бұрын

Great video, thank you so much

@En_Gho 3 жыл бұрын

This channel is like finding a 10-bagger in the stock market. It puts a smile on me when I see how much it brings to my table.

@anonymousAJ 2 жыл бұрын

Kudos for seeking contradicting info - it's not the only part of learning but it is indispensable

@steveoh2395 3 жыл бұрын

Love your channel, thank you much!

@user-pk7fd9re1f 3 жыл бұрын

Appreciate for your feedback! And thanks for watching for more info. Textme@ +1 (762) 250-7643.

@santichapresto306 2 жыл бұрын

Incredible content!

@tetleydidley 3 жыл бұрын

I feel obliged to leave comments on videos produced by sensible people giving sensible advice, even though I have nothing interesting to say.

@user-pk7fd9re1f 3 жыл бұрын

Appreciate for your feedback! And thanks for watching for more info. Textme@ +1 (762) 250-7643..

@thehermanli 3 жыл бұрын

"to understand is to perceive patterns" - isaiah berlin

@BobbyKenny 3 жыл бұрын

Simons was interviewed by the Numberphile KZfaq channel. Terrific interview

@user-pk7fd9re1f 3 жыл бұрын

Appreciate for your feedback! And thanks for watching for more info. Textme@ +1 (762) 250-7643

@augustusg857 4 ай бұрын

I already know abour multiple linear regression model. I leaned to use it in a valuation class for pricing stocks. The professor who teaches it is very good.

@AdolfHitler-bt6kh 3 жыл бұрын

Thank you for this video . At least now I know to who I have lost my money 😂. However you forgot a detail : the unhedged CFD platforms keep the money using the others daytrading computers !

@peterramsay1767 3 жыл бұрын

Expërt Cryptö W\H\A\T\S\A\P\P + 1 =9 =5= 4= 8= 9= 0= 9 =4 =5= 2 I\N\V\E\S\T\I\N\B\T\C\A\N\D\E\T\H\.

@thecoltsamuel8010 3 жыл бұрын

fresh haircut bro

@willemmerson224 2 жыл бұрын

to add a very important point that Simons is very good at, he probably learned from his codebreaker-time: keeping confidential things secret. Otherwise much more of what/how

@fredm.2699 2 жыл бұрын

@20:52 dannnggg you got super savage there

@Criador42 2 жыл бұрын

Great great video. Thank you sir!

@justin-ej1wt 3 жыл бұрын

great video bro, very asserted

@jewelafraim7379 3 жыл бұрын

I love this video please do more on quantitative finance

@donmaguire5635 3 жыл бұрын

Thank you for watching, endeavor to write as soon as for more info and tips 👇 *+#1#6#6#9#3#0#2#1#2#8#8* *Whatsapp*

@achintya-7 2 жыл бұрын

From someone who is reading and learning about machine learning It's amazing what they did and achieve in 2000s

@juanpablosalamo501 3 жыл бұрын

Great video!

@phatstats6802 2 жыл бұрын

Simons must have been a fast driver. 04:10. Berkeley, in the Bay Area is 5-6 hours away from LA, where the supposed Merrill Lynch's office that Simons would have to come in by 6:30 PST to catch the 8:30 CST Chicago opening. Maybe "early" means starting to drive around midnight.

@crimnvL 3 жыл бұрын

day trading like that is insane

@expertmaria510 3 жыл бұрын

T_h_a_n_k_s f_o_r w_a_t_c_h_i_n_g +_1_4_4_3_4_9_5_5_5_8_6 F"o"r m"o"r"e i"n"f"o"r"m"a"t"i"o"n

@expertmaria510 3 жыл бұрын

Contact thought Whatsapp ☝️

@Stoneface_ 3 жыл бұрын

@@expertmaria510 scammer

@snacksy7754 3 жыл бұрын

@@Stoneface_ remember to report it as so! Help KZfaq

@TwinTurboOnly 2 жыл бұрын

Lol KZfaq knows and they don’t do anything about it

@hilatsur6501 2 жыл бұрын

Best personal developer lesson iam realy love this page of trader an young age

@ashkanhaddadian7849 2 жыл бұрын

Day trading needs a lot of price action knowledge but still you might loss in 60% of your trades! and all it comes to an strategy called RISK : REWARD for example if you set up a strategy like 1 : 2 you are still in a profit! so if you can't Day Trade, you have to improve your skills. It doesn't mean that you or anybody that trying day trading is not gonna work. Day Trading is a job that you are your own boss and you have to educate your self.

@ahmedhani2000 3 жыл бұрын

Your videos is priceless man thanks for your efforts

@jonathantan3690 3 жыл бұрын

Hi, been a loyal fan of your work. Good job on the book take away. May I request you to do one on - Conquer the crash by Robert Prechter? Appreciate 👍

@nnadipaschal3 3 жыл бұрын

Thanks for watching, you can leave a message on WhatsApp for my Analyst to guide you through >>>>>>> +1 (570) 393-5348

@angelcovarrubias3418 3 жыл бұрын

I recommend "A Man for All Markets" by Edward Thorpe. Hopefully you can do a video on it - He ran one of the first true "Hedge Funds".

@diseasefire 3 жыл бұрын

Great book indeed and great story! I love Ed Thorpe :)

@loverU69 3 жыл бұрын

I highly recommend.

@sgaisacadey4860 3 жыл бұрын

Appreciate your review, do you experience difficulty in crypto trading and investment? Inbox Arlan Evans Dohrmann my broker on whatsap.

@sgaisacadey4860 3 жыл бұрын

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@lanielbate5894 Жыл бұрын

There still learning keep working on it guys you'll get it one say

@brilliantran9808 3 жыл бұрын

The answer is do both...if both works for you then trading is another source of income than just holding. You increase your holdings by trading on a serperate portfolio. If you burn the portfolio, then you still have your holdings. Its not a one way, or the high way. I went from -80k debt to 700k USD within 3.5 years. How? I did both and never took long breaks. Some regular folks people can't even get out -80k debt in a decade....cough student loans cough.

@NishantChoudharyJi 2 жыл бұрын

Great example of power of super compounding .... brilliant

@hakshustletv 3 жыл бұрын

Day Trading is definitely a real thing if you trade indices, I'm not rich by any means but I've been day trading for a little over & already cleared six figures, I have friends who have made millions off of day trading and been consistent for 5-7 years. Right now though, it's definitely changed over the past 7-8 months because a lot of people are trading based on strange factors & not necessarily fundamentals. Crypto, Twitter & Elon Musk instantly comes to mind.

@hakshustletv 3 жыл бұрын

@The Swedish investor No not really, I don’t trade everything when it comes to day trading, only Ger30, US30 & HK50 and I’ve become very familiar with how they move and work. I literally only trade those 3 indices in terms of day trading. Morning sessions US & Ger30 7:00am onwards (because I’m in London) and around 1:30am HK50

@user-pk7fd9re1f 3 жыл бұрын

Appreciate for your feedback! And thanks for watching for more info. Textme@ +1 (762) 250-7643..

@hakshustletv 3 жыл бұрын

@@user-pk7fd9re1f you’ve got to do a better job if you’re gonna try and scam lol put some effort in at least

@JStack Жыл бұрын

4:15 something has to be off on this part. The drive from Berkeley to LA is 5 hours or longer

@mrj6967 3 жыл бұрын

tnx for this video✌🏻✌🏻

@simplefactcorner 3 жыл бұрын

This is the most underrated channel on KZfaq 😁❤️❤️❤️😔😔😔

@YasinNabi Жыл бұрын

woww this is my favorite video, thanks for sharing .....//

@joeboustany8371 3 жыл бұрын

Great content! Keep up the good work man

@nnadipaschal3 3 жыл бұрын

Thanks for watching, you can leave a message on WhatsApp for my Analyst to guide you through >>>>>> +1 (570) 393-5348..

@frenchmarty7446 2 жыл бұрын

"Medallion cannot 'steal' from Index investors" Not true. Index funds still trade regularly to satisfy redemptions and rebalance to keep up with whichever index they track. This is why even adjusting for fees index funds don't keep up perfectly with their target index. And even if they did, investors and funds still trade to regularly adjust their portfolios. So long as any kind of trading takes place, arbitrage is possible. I guess it's true in the sense that it's not "stealing" but simply the cost of having liquidity on tap.

@Dave-sd5cs 2 жыл бұрын

You can’t drive from Boston to Buenos Aires, I highly doubt they even got as far as Bogotá. This would mean they crossed the Darien Gap which would be extremely impressive although unlikely.

@investireocaminho33 3 жыл бұрын

great!!

@helldevils4073 3 жыл бұрын

Omggg I was literally waiting for this video since a week and you uploaded it, wowww!!! Thank youuuu ❤️

@sgaisacadey4860 3 жыл бұрын

Appreciate your review, do you experience difficulty in crypto trading and investment? Inbox Arlan Evans Dohrmann my broker on whatsap

@sgaisacadey4860 3 жыл бұрын

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@Septumsempra8818 3 жыл бұрын

It's all just factors. Value is a factor and so are ghost patterns

@claytonribardo4000 2 жыл бұрын

The fact that they made 150% in 2008 when everything lost almost 40% blows my mind 18:17

@ericulric223 2 жыл бұрын

Given Soros belief on size in positions, I find it doubtful that some kind of influence or sway in trading isn't also incorporated in Medallion.Trading to affect trades and then trading affected trades is a whole sphere.They analyze patterns, but by participation they themselves cause ripples, which they, being dutiful STEM prodigies, must doubtless incorporate into their models.

@kv5699 3 жыл бұрын

Nice work!

@user-pk7fd9re1f 3 жыл бұрын

Appreciate for your feedback! And thanks for watching for more info. Textme@ +1 (762) 250-7643.

@sidharthk_ 3 жыл бұрын

Can you make a video on the approach used by Anton Kriel and his firm

@JonathanElkoubi 3 жыл бұрын

Great video! Can you make a summary of the book: The Margin of Safety, by Seth Klarman. It would be really helpful because a lot of people cant afford it.

@samstell9291 3 жыл бұрын

There are free PDF versions online

@JonathanElkoubi 3 жыл бұрын

@@samstell9291cool but it would be great if he made a video on it lol

@justicewarrior9187 3 жыл бұрын

The guy is a genius period

@andremalpel7934 Жыл бұрын

Hi (from France, Paris) Good video, thank you. Why do you think (at the end of the video), that the gains made by Medallion were taken ("stolen") to someone? The Exchanges are not a zero -sum game, and there is not "necessarily" a loser in face to face of a winner, right? If you earn $ 1 by first bought the XXX value at $ 100 from Paul, then after, sell it to John at $ 101, because the market has mounted, that does not mean that someone lost $ 1 ( ?). When the market rises, everyone "can" win. Who would have lost in this case, do you think? I thank you by advance for all your answers.

@markmogensen5518 2 жыл бұрын

This sounds easy. Imma try this at home

@TT0ny_ 3 жыл бұрын

I appreciate your content, however, it seems you haven't met ICT yet. It is profitable to day trade, just not for most people. Compound interest works way better over smaller "day trades" than long term trading/investing (as long as you know what you're doing) Cheers