Jim Simons: Pinnacle of Trading Greatness · Greg Zuckerman
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- Опубликовано: 17 июн 2024
- EP 183: Jim Simons-the pinnacle of trading greatness w/ Gregory Zuckerman
Greg's a writer at the Wall Street Journal and author of The Man Who Solved the Market: How Jim Simons Launched The Quant Revolution.
For anyone unfamiliar, Jim Simons is the brilliant-minded mathematician who founded hedge fund Renaissance Technologies. Using quantitative models and with billions in AUM, Renaissance has averaged annualized returns of net 39% since 1988. And these returns only become more spectacular, once you discover that Renaissance investors pay a management and performance fee of 5 and 44-therefore bringing the gross annualized returns to 66%.
Due to the superior performance, today, Jim has an estimated net worth of $23-billion. Greg describes him as being, “The greatest money maker in modern financial history.”
Although journalists have previously covered the rise of Renaissance, for the longest time, much of it was still shrouded with mystery. But by gaining remarkable access to Jim and also many of the people around him, Greg has been able to tell the full story, in print, with detail and accuracy.
Pick up a copy of The Man Who Solved the Market, available on Amazon: chatwithtraders.com/simons
This was really great, keep this style of interviewing real professionals and less "day traders" selling services.
Jim is a treasure. Thanks for sharing Aaron/Greg!
Im a huge fan of this channel and I cant tell you how much ive enjoyed litteraly every single one of your interviews.
The insights ive gained from listening to seasoned traders on your show have been invaluable to me.
Its with that spirit that i offer to you my opinion on this interview.
With all due respect, listening to this guy your interviewing and in paticular the 1st 10 mins of the interview subconciously triggered my bs alarm.
I've disagreed w alot of the opinions expressed by some of the traders you've interviewed but never has my instictual "this guy is talking out of ass" alarm been triggered like the 1st 10-15 mins of this interview triggered me.
I say this w the upmost respect to you and your guest..
Great conversation between two most talented personality about the most talented personality of world financial markets
Thank you; Mathematics and Reason, "Short and Long term", Jim Simons,Bob Mercer quite enlightening.💜💞💜
Summary of his book. Jim's strategy is beyond explanation.
Good talk show Gregory.
Science; Data, Research and Development enriches progress. I Still think Science solves a lot of problems if we are persistent enough; I highly appreciate Jim Simons for all he does with Autism and Promoting STEM i.e Science, Technology, Engineering and Mathematics.
@37:25 why you are here
You the real MVP
This is gonna be gooood!!!
Great book thanks a lot Gregory
Secret to trading........follow the trend....thats it.
Problem is market is not always trending
Hat's off.
What is the max drawdown and of medallion fund?
Thanks so much presenting this episode. Sadly Mr. Zuckerman sounded more interested in performing and entertaining than presenting the information from his research.
37:25
Good
General
1. Research / Quantitive Data / Scientific Method
Imagine trading against Jim Simons living in a trailer in Kentucky with dial up.
You trade the market - you don't trade Jim or Renaissance Technologies and you don't need to. Also you can always trade a specific time frame in which you are the only one in that class - imagine trading 5 hour TF, 36 hour TF or similar.
Marin Draganov ur missing the point champ
Completed reading this book will disappoint you if you are looking for the holy grail but gives you an idea of what takes to be a successful trader....
I have hard that the employees love him because he is more chill than the other execs, but he will smoke you out easily. he can easily afford to pay a cleaning fee or smoking so smokes everywhere without a care.
👍 800
This guy has heard the "lingo" but he's never applied it himself.
Only a seasoned trader will understand what im saying
46:05 Te
47:25
author sounds like that comedian mark normand
_UTC-8🌆9PM Jan 4th 2023_
Ok. So after listeing to the rest of this interview i would like to ammend my previous comment.
Nvm about the 1st 10-15 mins of this interveiw being bs...its all bs. And I guarantee that w as many seasoned traders as the interviewer has talked to I guatantee that his bs meter went off, he's just to classy to admit it during an intervier.
Much respect to you my friend.
You know but dont say. Very classy of you mr interviewer.
Ree-Nay-Saance......lol.
he didnt talk about how he spends his money on other things...does he have a ferrari collection or yacht etc?
Yacht yes, I've seen it at Port Jefferson harbor
A true mathematician doesn't care about yachts. On the other side if one is interested in yachts he/she can't create Renaissance Technologies...
;))))))))))))
@@marindraganov8765 wow, that is fucking profound
I read the book. It was disappointing.
I love this channel but does anyone else get the feeling this is just a fluff PR piece for rentech?
Mr. Jim Simons your team have not done good research.
Otherwise your result should be much better than what you gain 60%.
Want to know the reason.
I can tell your strategy.
I can even tell why you 50% trades were profitable and 50% were in Loss.
:-)
Yeah right
Damn. So nothing much from Greg. 😆
can't be that smart if he supported Hilary.
Lol, could be worse, could be a trump supporter.
@@TR-lz3kh same shit