Guias

The $25B Day Trader that Even Warren Buffett Acknowledges








Support the channel by getting The Man who Solved the Market by Gregory Zuckerman here:

As an Amazon Associate I earn from qualified purchases.

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.

Warren Buffett’s 25 Most Important Investments Ever (RANKED):

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!

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.

Link do Vídeo






46 Comentários

  1. Hello, I'm new to Biticon trade and I've been making losses but recently I see a lot of people earning from it. Please can someone tell me what I'm doing wrong

  2. I will forever be indebted to you you've changed my whole life continue to preach about your name for the world to hear you've saved me from a huge financial debt with just little investment, thanks so much Mrs. Lisa Preston

  3. I will forever be indebted to you you've changed my whole life continue to preach about your name for the world to hear you've saved me from a huge financial debt with just little investment, thanks so much Mrs. Lisa Preston

  4. I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused, I'm a newbie and I'm open to ideas.

  5. Great video. I started watching your videos last year as a beginner and it's a great gratitude for now l understand that Bitcoin is more than buying and selling before giving market a trial. I was able to make $43,000 with a capital of $9,000 trading with an legit guidance who guided me through out.

  6. I day trade purely with a few indicators and make a highly consistent living doing it. And no I’m not selling it lol

  7. As for me, trading has been so profitable because I was guided by a pro trader known as Mr Raini.with his working strategy / daily signals which turns out to be one of the best out there.During my first week i was able to make $18,000 in just one ☝️ week why don’t you reach him out

  8. Your overfitting description is a bit missleading. Overfitting does not mean having too much data and predicting certain outputs, which are not true. Overfitting is about the model complexity. If your model is more complex than your data, it will learn the structure of the data, rather than the general underlying. When you now feed unseen data into your model, it will predict the output wrongly. This is called overfitting. You can counter overfitting with more data and with model validation. Your example shows a guy who found some context which wasn't one. This is called underfitting, because he tried to model a complex problem with a model, which wasn't complex enough.

  9. 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

  10. So who are the losers on other side of Warren Buffets 100 billion wealth. Are those value investors or traders. Risk Management is key for any type of game. In case of Buffet case, he is more of territory grabber than investor. He put his capital on those where humans can never avoid and eternally repeat customers (Banking, Insurance, Food, Payments etc.,). If he started now at scratch, it is highly competitive to find such new territories.

  11. 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.

  12. 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.

  13. 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.

  14. 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.

  15. "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.

  16. Study Inner Circle Trader.

    Markets operate & are controlled by an Algorithm. Nothing is Random.

    What you are identifying in minute 13.. aprox.. is Intermarket relationship. All markets are interconnected.

    In day trading, there are certain rules that IPDA ( THE ALGORITHM ) follows in specific quarters, months, days & session.

    Time is the first element that is in control of price, then price.

    Its not casual a group of quants created sophisticated algorithms to day trade in a high frequency basis.

    They as very intelligence people have the ability to decode small parts of this algo that controls price in a interbank level.

    There is no logic into the believing that a Market will go in a consistent basis to specific levels, at specific times. How can someone anticipate that & whats the logic behind it ?

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

  18. Lol, I don't know why the question: "What do you think of Quants" was asked.

    If quantitative trading wasn't profitable in the long run there wouldn't be billions of dollars being poured into it as well as some of the smartest minds in the worlds being drawn into it.

    Of course quant funds are being founded and closed down every day so not all a quant does is profitable.

Comentários estão fechados.