The $25B Day Trader that Even Warren Buffett Acknowledges

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  • เผยแพร่เมื่อ 9 มิ.ย. 2024
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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.
    ---
    Also, for my private stock portfolio & revealing insights into my investment strategy, head over to: / theswedishinvestor
    ---
    Warren Buffett’s 25 Most Important Investments Ever (RANKED): • Warren Buffett’s 25 Mo...
    ---
    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.

ความคิดเห็น • 893

  • @TheSwedishInvestor
    @TheSwedishInvestor  3 ปีที่แล้ว +71

    Warren Buffett’s 25 Most Important Investments Ever (RANKED): th-cam.com/video/jMuX_-hE7SQ/w-d-xo.html

    • @josephfrys6969
      @josephfrys6969 3 ปีที่แล้ว +1

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

    • @josephfrys6969
      @josephfrys6969 3 ปีที่แล้ว

      Any specific guide

    • @spartan_x3186
      @spartan_x3186 2 ปีที่แล้ว

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

    • @Dan-uf2vh
      @Dan-uf2vh 2 ปีที่แล้ว

      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
    @JeanCharlesEvrard 3 ปีที่แล้ว +669

    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
      @destruction8192 3 ปีที่แล้ว +7

      He is a String Theorist

    • @axnoro
      @axnoro 3 ปีที่แล้ว +8

      @@destruction8192 0 relevance xD

    • @brittanymillerry2327
      @brittanymillerry2327 3 ปีที่แล้ว

      What did he do?

    • @Osamulee
      @Osamulee 3 ปีที่แล้ว +5

      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
      @Yandelko 3 ปีที่แล้ว +3

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

  • @gearsNtools
    @gearsNtools 3 ปีที่แล้ว +527

    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
      @katefinance181 2 ปีที่แล้ว

      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
    @EphReinhard 3 ปีที่แล้ว +360

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

    • @Stoneface_
      @Stoneface_ 3 ปีที่แล้ว +3

      @The Swedish investor scammer

    • @yosamitesam6103
      @yosamitesam6103 3 ปีที่แล้ว +12

      "Hold my billions" said no billionaire ever

    • @harmhoeks5996
      @harmhoeks5996 3 ปีที่แล้ว +1

      Rich, yes. The rest is true

    • @azimjamal9726
      @azimjamal9726 2 ปีที่แล้ว +6

      *Hold my medallion

    • @royslapped4463
      @royslapped4463 2 ปีที่แล้ว +2

      What the heck are Hollywood mathematicians

  • @ariavachier-lagravech.6910
    @ariavachier-lagravech.6910 2 ปีที่แล้ว +758

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

    • @DCUOCover
      @DCUOCover 2 ปีที่แล้ว +64

      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
      @ActCriticalX 2 ปีที่แล้ว +6

      Are not*

    • @keikwan2076
      @keikwan2076 2 ปีที่แล้ว +60

      most day traders cannot even figure out college algebra

    • @gregaustin6067
      @gregaustin6067 2 ปีที่แล้ว +5

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

    • @rejoicepamela1729
      @rejoicepamela1729 2 ปีที่แล้ว +1

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

  • @gentgjonbalaj8359
    @gentgjonbalaj8359 3 ปีที่แล้ว +351

    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
      @masaeffy 2 ปีที่แล้ว +17

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

    • @mavinharley7907
      @mavinharley7907 2 ปีที่แล้ว

      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
      @gmorgan894 2 ปีที่แล้ว

      @@christianwilliams1715 clarke kent mate

    • @benitolopez725
      @benitolopez725 ปีที่แล้ว +2

      I recalled the exact same thing on my trip to wikipedia

    • @sarkervlogsusa3776
      @sarkervlogsusa3776 ปีที่แล้ว

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

  • @Masfugo
    @Masfugo 3 ปีที่แล้ว +307

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

    • @ZixZone
      @ZixZone 3 ปีที่แล้ว +9

      "in the form of an NFT"

    • @Stoneface_
      @Stoneface_ 3 ปีที่แล้ว +4

      @The Swedish investor scammer gtfoh

    • @satoshinakamoto7253
      @satoshinakamoto7253 2 ปีที่แล้ว +1

      its the language of nature

    • @MrAlRats
      @MrAlRats 2 ปีที่แล้ว

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

    • @derherrdirektor9686
      @derherrdirektor9686 2 ปีที่แล้ว

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

  • @trdfrguson007
    @trdfrguson007 3 ปีที่แล้ว +212

    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
      @TheSwedishInvestor  3 ปีที่แล้ว +47

      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
      @markettradinggenius 2 ปีที่แล้ว +37

      @@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...

  • @jfrd-pw4hk
    @jfrd-pw4hk 2 ปีที่แล้ว +98

    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
      @abdullahg4919 2 ปีที่แล้ว +1

      This is fake
      Reply

    • @Omariau
      @Omariau 2 ปีที่แล้ว +8

      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
      @tudor8963 ปีที่แล้ว

      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

  • @on9lan
    @on9lan 3 ปีที่แล้ว +316

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

    • @krinka1458
      @krinka1458 3 ปีที่แล้ว

      Did you benefit at all

    • @heikinashi7186
      @heikinashi7186 3 ปีที่แล้ว

      Dm🖕

    • @lastyhopper2792
      @lastyhopper2792 2 ปีที่แล้ว +45

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

    • @spacejunky4380
      @spacejunky4380 2 ปีที่แล้ว +1

      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
      @kingfedrick-alpha8454 2 ปีที่แล้ว

      Dude use a Buy limit order !!

  • @32AndreanC
    @32AndreanC 2 ปีที่แล้ว +14

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

  • @Jay-pc2ev
    @Jay-pc2ev 3 ปีที่แล้ว +57

    Kind of off-topic, but I appreciate how TH-camrs 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
      @user-pk7fd9re1f 2 ปีที่แล้ว

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

    • @speedfastman
      @speedfastman ปีที่แล้ว +8

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

  • @adipnarang3511
    @adipnarang3511 2 ปีที่แล้ว +19

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

  • @neves69
    @neves69 3 ปีที่แล้ว +148

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

    • @pdorism
      @pdorism 2 ปีที่แล้ว +14

      Quantitative is just a fancy word for technical

    • @calamorta
      @calamorta 2 ปีที่แล้ว +1

      @@user-pk7fd9re1f
      lol

    • @LucaPizzoplus
      @LucaPizzoplus 2 ปีที่แล้ว +2

      @@pdorism it's not

    • @amanjha5916
      @amanjha5916 2 ปีที่แล้ว +2

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

    • @jerryyap1516
      @jerryyap1516 2 ปีที่แล้ว +1

      Quant is day trading technically

  • @kal2352
    @kal2352 3 ปีที่แล้ว +23

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

  • @Oxazepam65
    @Oxazepam65 3 ปีที่แล้ว +218

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

    • @frankpark9571
      @frankpark9571 3 ปีที่แล้ว +9

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

    • @HH-le1vi
      @HH-le1vi 3 ปีที่แล้ว +3

      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
      @DrQuaid 3 ปีที่แล้ว +12

      @@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
      @dreamlotus6086 3 ปีที่แล้ว +20

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

    • @HH-le1vi
      @HH-le1vi 3 ปีที่แล้ว +4

      @@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

  • @edoardoRss
    @edoardoRss 2 ปีที่แล้ว +44

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

  • @GarrisonBush
    @GarrisonBush 2 ปีที่แล้ว +17

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

  • @SD4...
    @SD4... 3 ปีที่แล้ว +41

    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
      @roninacolyte 3 ปีที่แล้ว +8

      literal, not literary

    • @mauromejias8840
      @mauromejias8840 ปีที่แล้ว

      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
      @OakQueso ปีที่แล้ว

      @@roninacolyte wow you're not very smart

    • @cantripleplays
      @cantripleplays 8 หลายเดือนก่อน

      @@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.

  • @ApplesOranges123
    @ApplesOranges123 ปีที่แล้ว +10

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

  • @gearsNtools
    @gearsNtools 3 ปีที่แล้ว +11

    Nice work on this video, earned a sub!

  • @user-gy7cy7os7g
    @user-gy7cy7os7g 3 ปีที่แล้ว +11

    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.

  • @calvinfernandez1956
    @calvinfernandez1956 3 ปีที่แล้ว +52

    Love your videos man. They are alway high quality

    • @TheSwedishInvestor
      @TheSwedishInvestor  3 ปีที่แล้ว +6

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

    • @karanpagare8669
      @karanpagare8669 3 ปีที่แล้ว

      Completely agree! Quality!

    • @helldevils4073
      @helldevils4073 3 ปีที่แล้ว +1

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

  • @realestalex2728
    @realestalex2728 3 ปีที่แล้ว +31

    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
      @skylergabriele6445 2 ปีที่แล้ว +4

      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
      @louaimehena5575 2 ปีที่แล้ว +6

      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
      @putinsgaytwin4272 2 ปีที่แล้ว +5

      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
      @sportmodemgmt 2 ปีที่แล้ว +1

      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
      @inactiveaccount4829 ปีที่แล้ว

      @@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.

  • @sergeyi.7037
    @sergeyi.7037 3 ปีที่แล้ว +2

    That was very informative, thank you for all explanations!

  • @garyk.nedrow8302
    @garyk.nedrow8302 ปีที่แล้ว +9

    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.

  • @MarkCW
    @MarkCW 2 ปีที่แล้ว +2

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

  • @achintya-7
    @achintya-7 2 ปีที่แล้ว +2

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

  • @justicewarrior9187
    @justicewarrior9187 3 ปีที่แล้ว +89

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

    • @brittanymillerry2327
      @brittanymillerry2327 3 ปีที่แล้ว

      Is this true?

    • @justicewarrior9187
      @justicewarrior9187 3 ปีที่แล้ว

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

    • @bryanramirez1280
      @bryanramirez1280 3 ปีที่แล้ว +10

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

    • @homiej5980
      @homiej5980 3 ปีที่แล้ว

      @@brittanymillerry2327 yes

  • @BobbyKenny
    @BobbyKenny 3 ปีที่แล้ว +12

    Simons was interviewed by the Numberphile TH-cam channel. Terrific interview

    • @user-pk7fd9re1f
      @user-pk7fd9re1f 2 ปีที่แล้ว

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

  • @HM-wn2in
    @HM-wn2in 3 ปีที่แล้ว +64

    Drawing trendlines on a head and shoulders pattern 🤣

    • @st0a
      @st0a หลายเดือนก่อน

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

  • @StevenSmith68828
    @StevenSmith68828 2 ปีที่แล้ว +76

    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
      @Ethan-kc5ug 2 ปีที่แล้ว

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

    • @robertjames7645
      @robertjames7645 2 ปีที่แล้ว

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

    • @robertjames7645
      @robertjames7645 2 ปีที่แล้ว

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

    • @jacksonlucas5933
      @jacksonlucas5933 2 ปีที่แล้ว

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

    • @jacksonlucas5933
      @jacksonlucas5933 2 ปีที่แล้ว

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

  • @SuperNovaJinckUFO
    @SuperNovaJinckUFO 3 ปีที่แล้ว +67

    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
      @marindraganov5897 3 ปีที่แล้ว +1

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

  • @glorious_help
    @glorious_help 3 ปีที่แล้ว +83

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

    • @cryptified5161
      @cryptified5161 3 ปีที่แล้ว +1

      Wanna share?

    • @IntheEndAhNevermind
      @IntheEndAhNevermind 3 ปีที่แล้ว +5

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

    • @l4k
      @l4k 3 ปีที่แล้ว +11

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

    • @gwagon3268
      @gwagon3268 3 ปีที่แล้ว +16

      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
      @colinmaharaj 3 ปีที่แล้ว

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

  • @axsup7g140
    @axsup7g140 3 ปีที่แล้ว +18

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

    • @peterramsay1767
      @peterramsay1767 3 ปีที่แล้ว

      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
      @joeGuizan 3 ปีที่แล้ว +1

      Human nature dictates trading will never cease.

  • @dvir-ross
    @dvir-ross 2 ปีที่แล้ว +3

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

  • @Arief351
    @Arief351 ปีที่แล้ว +17

    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
      @ratledgefreda2923 ปีที่แล้ว

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

    • @Arief351
      @Arief351 ปีที่แล้ว

      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
      @isaiah8332 ปีที่แล้ว

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

    • @ratledgefreda2923
      @ratledgefreda2923 ปีที่แล้ว

      @@Arief351 I do hope he accepts beginners

  • @juanpablosalamo501
    @juanpablosalamo501 3 ปีที่แล้ว +1

    Great video!

  • @stupidguy97
    @stupidguy97 2 ปีที่แล้ว +62

    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
      @peterbrian3911 2 ปีที่แล้ว +10

      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
      @stupidguy97 2 ปีที่แล้ว +14

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

    • @raheelakhtar7
      @raheelakhtar7 2 ปีที่แล้ว +3

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

    • @filip9564
      @filip9564 2 ปีที่แล้ว +4

      He traids, daily. Day-trader.

    • @sleepless2541
      @sleepless2541 2 ปีที่แล้ว

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

  • @steveoh2395
    @steveoh2395 3 ปีที่แล้ว +1

    Love your channel, thank you much!

    • @user-pk7fd9re1f
      @user-pk7fd9re1f 2 ปีที่แล้ว

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

  • @1kark1
    @1kark1 3 ปีที่แล้ว +61

    Actually loved seeing the “reddit threads” thrown in there

    • @peterramsay1767
      @peterramsay1767 3 ปีที่แล้ว

      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\.

  • @shahilahmad1562
    @shahilahmad1562 3 ปีที่แล้ว

    Which software u use to make thes videos?

  • @cauenouer5302
    @cauenouer5302 3 ปีที่แล้ว +11

    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
      @TheSwedishInvestor  3 ปีที่แล้ว +2

      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.

  • @rp627
    @rp627 3 ปีที่แล้ว +7

    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
      @user-pk7fd9re1f 2 ปีที่แล้ว

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

    • @derherrdirektor9686
      @derherrdirektor9686 2 ปีที่แล้ว

      Never heard of GPT-3, I guess..

  • @santichapresto306
    @santichapresto306 2 ปีที่แล้ว +1

    Incredible content!

  • @George-ps5
    @George-ps5 2 ปีที่แล้ว

    Great video, thank you so much

  • @jarrettrobinson6424
    @jarrettrobinson6424 3 ปีที่แล้ว +9

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

    • @donmaguire5635
      @donmaguire5635 3 ปีที่แล้ว

      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*

  • @PhillCurtis
    @PhillCurtis 3 ปีที่แล้ว +22

    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
      @TheSwedishInvestor  3 ปีที่แล้ว +5

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

  • @user-nx3qw9lf5j
    @user-nx3qw9lf5j ปีที่แล้ว

    This is most interesting video about the quantum calculus that I saw. Thanks!

  • @Criador42
    @Criador42 2 ปีที่แล้ว

    Great great video. Thank you sir!

  • @BrendenDiaz
    @BrendenDiaz 2 ปีที่แล้ว +15

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

    • @user-pk7fd9re1f
      @user-pk7fd9re1f 2 ปีที่แล้ว

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

  • @aruyukimayu1199
    @aruyukimayu1199 ปีที่แล้ว

    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.

  • @fredm.2699
    @fredm.2699 2 ปีที่แล้ว +1

    @20:52 dannnggg you got super savage there

  • @janetchang1527
    @janetchang1527 3 ปีที่แล้ว +1

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

    • @donmaguire5635
      @donmaguire5635 3 ปีที่แล้ว

      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*

  • @AdolfHitler-bt6kh
    @AdolfHitler-bt6kh 3 ปีที่แล้ว +7

    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
      @peterramsay1767 3 ปีที่แล้ว

      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
      @thecoltsamuel8010 3 ปีที่แล้ว

      fresh haircut bro

  • @hghori1
    @hghori1 3 ปีที่แล้ว +2

    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.

  • @glorydays1565
    @glorydays1565 3 ปีที่แล้ว +15

    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.

  • @anonymousAJ
    @anonymousAJ ปีที่แล้ว +1

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

  • @lilsaint256
    @lilsaint256 3 ปีที่แล้ว +12

    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
      @immaculatesquid 3 ปีที่แล้ว +3

      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
      @silentstromxx 3 ปีที่แล้ว

      can you share your experience and dos don't s

    • @doncosmopolitan
      @doncosmopolitan 3 ปีที่แล้ว +2

      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
      @angelicaavalos7029 3 ปีที่แล้ว +1

      @@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
      @angelicaavalos7029 3 ปีที่แล้ว

      @@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

  • @hilatsur6501
    @hilatsur6501 2 ปีที่แล้ว

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

  • @wooh88
    @wooh88 2 ปีที่แล้ว

    What a great video and what an excellent channel

  • @tetleydidley
    @tetleydidley 3 ปีที่แล้ว +23

    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
      @user-pk7fd9re1f 2 ปีที่แล้ว

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

  • @justin-ej1wt
    @justin-ej1wt 3 ปีที่แล้ว

    great video bro, very asserted

  • @dumitrudeaconu4158
    @dumitrudeaconu4158 2 ปีที่แล้ว

    How do you know what s Renaissance using ?

  • @augustusg857
    @augustusg857 4 หลายเดือนก่อน

    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.

  • @poulwinther
    @poulwinther 3 ปีที่แล้ว +3

    This a great example of why professional traders don't day trade and why profitable day traders are generally lying.

  • @jewelafraim7379
    @jewelafraim7379 3 ปีที่แล้ว +2

    I love this video please do more on quantitative finance

    • @donmaguire5635
      @donmaguire5635 3 ปีที่แล้ว

      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*

  • @lalasmith2137
    @lalasmith2137 3 ปีที่แล้ว +8

    Hey, saw Can't Hurt Me in your list of books and i just finished it and absolutely loved every second of it. Do you have any good book recommendations? (other than the investing ones you did a video about before). Thank you!

    • @peterramsay1767
      @peterramsay1767 3 ปีที่แล้ว

      I recommend you invest with an expert trader Mr George he will assist you.

    • @peterramsay1767
      @peterramsay1767 3 ปีที่แล้ว

      +/ 1/ 9 /5 /4 /8 /9 0/ /9/ 4 /5 /2/

    • @quangbui9800
      @quangbui9800 3 ปีที่แล้ว +2

      Highly recomend The Inteligent Investor (Benjamin Graham)
      Margin of safety (Seth Klarman)
      The four pillars of investings(Bernstein)
      i also read some Buffet's letter to shareholder
      And some John C Bogle book which you can look up on the internet

    • @lalasmith2137
      @lalasmith2137 3 ปีที่แล้ว

      @@quangbui9800 thank you so much friend! :)

    • @boghosavedisian294
      @boghosavedisian294 3 ปีที่แล้ว +1

      I head ‘the ultra marathon runner’ is good book too but still haven’t read it

  • @stevenobinator2229
    @stevenobinator2229 3 ปีที่แล้ว +1

    LOVE THE COMIC WITH EVERYONE AT THE TABLE, SWED ARE YOU A DIVERSITY PUPPET? WHEEL CHAIR EVEN

    • @stevenobinator2229
      @stevenobinator2229 3 ปีที่แล้ว +1

      @The Swedish investorlost everything years ago. You do incredible work, Don't take what I wrote as offensive.

  • @IngeniousDimensions369
    @IngeniousDimensions369 2 ปีที่แล้ว +1

    “What matters is that you strive for more knowledge.”💯💯

  • @rumhound5903
    @rumhound5903 3 ปีที่แล้ว

    He assembled the A- Team of mathematical processing and human combat theory (game theory).
    Developed an algorithm to perform and out perform the opponents.
    He also had the advantage of timing!
    Being able to rack-up those wins before your opponent and the S.E.C. knows what hit them gave his team the Firstmover advantage.
    Being able to participate in the game of markets before over regulation and others discovered his team process. Today their are many pretending to have created what his team accomplished (algo trading).
    Honestly impressive. Wish I was smarter so I could bump into my own A-Team.

  • @mrj6967
    @mrj6967 3 ปีที่แล้ว

    tnx for this video✌🏻✌🏻

  • @NishantChoudharyJi
    @NishantChoudharyJi 2 ปีที่แล้ว

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

  • @willemmerson224
    @willemmerson224 2 ปีที่แล้ว +1

    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

  • @helldevils4073
    @helldevils4073 3 ปีที่แล้ว +2

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

    • @sgaisacadey4860
      @sgaisacadey4860 3 ปีที่แล้ว

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

    • @sgaisacadey4860
      @sgaisacadey4860 3 ปีที่แล้ว

      +•1••-4-••1••-0••-8••-7•-•4••-5••-9••-8••-9•

  • @kv5699
    @kv5699 3 ปีที่แล้ว +1

    Nice work!

    • @user-pk7fd9re1f
      @user-pk7fd9re1f 2 ปีที่แล้ว

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

  • @Zibonnn
    @Zibonnn 2 ปีที่แล้ว

    15:43 Wow! Watching from Bangladesh, I didn't see that coming at all! 😅

  • @En_Gho
    @En_Gho 3 ปีที่แล้ว +2

    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.

  • @mrgyani
    @mrgyani ปีที่แล้ว +2

    These numbers are absolutely insane.. I don't know how he isn't the richest man in the world already. The compounding with 67-70% returns consistently over decades and decades is INSANE!

    • @TheSwedishInvestor
      @TheSwedishInvestor  ปีที่แล้ว +2

      Yep, definitely insane. Thing is that they take out everything over $10 billion from the main fund, so it doesn't snowball anylonger. But insane nontheless.

  • @thehermanli
    @thehermanli 3 ปีที่แล้ว +11

    "to understand is to perceive patterns" - isaiah berlin

  • @Skept88
    @Skept88 ปีที่แล้ว

    Top knowledge my man!

  • @jonathantan3690
    @jonathantan3690 3 ปีที่แล้ว

    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
      @nnadipaschal3 3 ปีที่แล้ว

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

  • @primary5050
    @primary5050 2 ปีที่แล้ว

    Can anyone explain the fees mention ed , 2/ 20 , 5 / 44 and all that. Didn't quite get it . 🙄🙄🙄

  • @phatstats6802
    @phatstats6802 2 ปีที่แล้ว

    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.

  • @larryace4683
    @larryace4683 7 วันที่ผ่านมา

    2:30 I love this ❤❤❤❤

  • @crimnvL
    @crimnvL 3 ปีที่แล้ว +42

    day trading like that is insane

    • @expertmaria510
      @expertmaria510 3 ปีที่แล้ว

      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
      @expertmaria510 3 ปีที่แล้ว

      Contact thought Whatsapp ☝️

    • @Stoneface_
      @Stoneface_ 3 ปีที่แล้ว +5

      @@expertmaria510 scammer

    • @snacksy7754
      @snacksy7754 3 ปีที่แล้ว +4

      @@Stoneface_ remember to report it as so! Help TH-cam

    • @TwinTurboOnly
      @TwinTurboOnly 2 ปีที่แล้ว

      Lol TH-cam knows and they don’t do anything about it

  • @johnjohnsandoval
    @johnjohnsandoval 3 ปีที่แล้ว +15

    A quant and day trader are 2 different things lol

    • @nnadipaschal3
      @nnadipaschal3 3 ปีที่แล้ว

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

    • @code5829
      @code5829 3 ปีที่แล้ว

      Exactly 😂😂😂

  • @sergiomorenoprieto1
    @sergiomorenoprieto1 3 ปีที่แล้ว

    Thx man. Thank you very very much!

    • @nnadipaschal3
      @nnadipaschal3 3 ปีที่แล้ว

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

  • @JStack
    @JStack ปีที่แล้ว

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

  • @sudhatripathi8513
    @sudhatripathi8513 3 ปีที่แล้ว +9

    Sir please make a summary on kitab-ul-stock it's written by a 12 year old boy.🙏🙏🙏

    • @donmaguire5635
      @donmaguire5635 3 ปีที่แล้ว

      Endeavor to write as soon as for more info....
      *+°1°6°6°9°3°0°2°1°2°8°8*
      *Whatsapp*

  • @lanielbate5894
    @lanielbate5894 ปีที่แล้ว +1

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

  • @maloukemallouke9735
    @maloukemallouke9735 2 ปีที่แล้ว

    excellent video

  • @frenchmarty7446
    @frenchmarty7446 2 ปีที่แล้ว +1

    "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.

  • @investireocaminho33
    @investireocaminho33 3 ปีที่แล้ว +1

    great!!

  • @leonaking1865
    @leonaking1865 2 ปีที่แล้ว

    Hello, I have a $1000 account size. Forex, Options, Stocks, which one is favorable for video watching newbie?

  • @GanpatiRam
    @GanpatiRam 2 ปีที่แล้ว

    Thank you brother Swedish investor ❤😊🌟

  • @brilliantran9808
    @brilliantran9808 3 ปีที่แล้ว +1

    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.

  • @M.G.R...
    @M.G.R... 3 ปีที่แล้ว

    Trading Instrument :- 8:54, 18:03
    Holding Duration :- 10:28
    ( 21:54 )

    • @user-pk7fd9re1f
      @user-pk7fd9re1f 2 ปีที่แล้ว

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

  • @DylanFkinGuenther
    @DylanFkinGuenther 3 ปีที่แล้ว

    Very interesting new book to check out

  • @andremalpel7934
    @andremalpel7934 ปีที่แล้ว

    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.