Jim Simons: A Short Story of My Life and Mathematics (2022)

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  • Опубликовано: 25 сен 2022
  • Watch mathematician, hedge fund manager and philanthropist Jim Simons give a short story of his life and mathematics. This talk was held at an event during the 2022 Abel Prize week, where multiple Abel Laureates as well as other high profile mathematicians spoke to young mathematicians.
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Комментарии • 278

  • @aayushdave1448
    @aayushdave1448 4 дня назад +11

    Rest in peace ❤. To a great man 🥂

  • @atillayurtseven4125
    @atillayurtseven4125 4 дня назад +9

    RIP The Quant King

  • @Raymondcraw1967RaymondCrawley
    @Raymondcraw1967RaymondCrawley Месяц назад +312

    Dividends are dope. Personally, I sometimes use my dividends to buy other dividend and growth stocks for diversification instead of reinvesting in the same stock. To each their own methods though. The good thing is that you’re investing in the first place and that’s what’s important. Salute for the content!

    • @FaithAndrada-xo9ou
      @FaithAndrada-xo9ou Месяц назад

      The current market might give opportunities to maximize profit within a short term, but in order to execute such strategy , you must be a skilled practitioner

    • @AndersonFair-cy2bb
      @AndersonFair-cy2bb Месяц назад

      the best market strategy is to work with a credible investing coach. Since a while ago, I've been in touch with a coach, mostly because I lack the depth of understanding and mental toughness to deal with the ongoing market conditions. You lack the information necessary to succeed in a competitive market, not because you're doing anything wrong, but rather because of your lack of experience.

    • @BrewerVera
      @BrewerVera Месяц назад

      That's impressive! I could really use the expertise of this advisors, my portfolio has been down bad. how can I contact them?

    • @AndersonFair-cy2bb
      @AndersonFair-cy2bb Месяц назад

      'Melissa Maureen Ward' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

    • @BrewerVera
      @BrewerVera Месяц назад

      I looked up her full name online and found her page. I emailed and made an appointment to talk with her; hopefully, she gets back to me.

  • @rodrigoodonsalcedocisneros9266
    @rodrigoodonsalcedocisneros9266 Год назад +291

    Such a bummer no one asked any question. Such a wasted opportunity given his vast knowledge on many fields!

    • @differentbreed2962
      @differentbreed2962 11 месяцев назад +53

      I don’t think they realise how prestigious this guy is

    • @vhhfxmmvc-lq3cb
      @vhhfxmmvc-lq3cb 10 месяцев назад +65

      They‘re too scared of asking dumb questions

    • @rydercarter7035
      @rydercarter7035 7 месяцев назад +8

      Well, someone did ask a question in the end.

    • @namanpandey6160
      @namanpandey6160 7 месяцев назад

      ​@@rydercarter7035and by that last one i gain tremendous amount of knowledge!!!

    • @vagabondyogi
      @vagabondyogi 7 месяцев назад +12

      They were too dumb to know his knowledge

  • @jonassteinberg3779
    @jonassteinberg3779 6 месяцев назад +76

    I'm extremely impressed with how well he knew his audience -- he kept things very down to earth and never got caught up in his accolades and yet articulated them all -- wow!

  • @andreasklippinge9665
    @andreasklippinge9665 Год назад +128

    at 11:30, the physicist full name is Edward Witten and are one of the godfathers of string theory - also considered to be one of the greatest minds of this generation. pretty cool to have a guy like that reading your paper and thinking your thesis could apply to his work.
    also - thanks for this. Love Jim and really impressed with what he's accomplished.

    • @BOBMAN1980
      @BOBMAN1980 11 месяцев назад +3

      Thanks for info. Simons and Witten are the two intellectuals I've been trying to learn more about, lately, but I didn't know that they were 'linked' until reading your comment.
      Good to know!

    • @jonassteinberg3779
      @jonassteinberg3779 6 месяцев назад

      thanks for the insight!

  • @nithinmathew2472
    @nithinmathew2472 4 дня назад +3

    Rest in peace Sir.

  • @solomonkane1999
    @solomonkane1999 7 месяцев назад +26

    One of the RICHEST most INTELLIGENT men in the world in front of you and no one has questions?! 🤦🏻‍♂️

  • @jonassteinberg3779
    @jonassteinberg3779 6 месяцев назад +32

    a humble exposition of an absolutely bonkers life story. impressive and touching!

  • @777jones
    @777jones Год назад +163

    Make sure you watch other interviews with Jim. He is an unpretentious and plainspoken delight. So many people put on airs and talk in fancy ways to try to seem impressive. Few were as smart or as rich as Jim. Think about that. Thanks.

    • @differentbreed2962
      @differentbreed2962 11 месяцев назад +1

      He’s like many other hyper successful people. Had a passion and talent, worked hard and the money came as a result. The people focus on making money alone seem to be the ones who act as if they’re the 10x better than everyone

    • @Felipe_Ribeir0
      @Felipe_Ribeir0 5 месяцев назад +1

      By few you are being very generous 😂

  • @hassanazad5876
    @hassanazad5876 Год назад +137

    Absolutely wonderful. It is very common these days for a mathematician to be asked to relate his mathematics to the 'real' world. Simons story is the perfect answer to that.

    • @snehalpophale6287
      @snehalpophale6287 Год назад

      I tell them list is infinite!!

    • @hassanazad5876
      @hassanazad5876 Год назад

      @@tiagomoraes1510 I meant Chern-Simons invariants.

    • @SgtInsomnia
      @SgtInsomnia Месяц назад

      Quote and unquote real? You don't think there is a reality?

  • @NoNTr1v1aL
    @NoNTr1v1aL Год назад +4

    Absolutely amazing video!

  • @user-yt2lc8jw6p
    @user-yt2lc8jw6p Год назад +47

    Wonderful story in a candid manner. Felt his intelligent power. Thanks.

  • @migfed
    @migfed Год назад +17

    I was so pleased watching his speech.

  • @placebo64
    @placebo64 7 месяцев назад +1

    Such a delight to hear your amazing career story, sir. Kudos for everything you have achieved, you are a true value producer.

  • @ectorSpencer
    @ectorSpencer 3 дня назад +1

    This strategy has been a game-changer for me. I followed your advice and got 8 out of 9 - the best result I've had in ages. Thank you for sharing your knowledge and experience with me

  • @ronaldr.gutierrez5218
    @ronaldr.gutierrez5218 Год назад +2

    Such a great speach!

  • @bgill7475
    @bgill7475 Год назад +121

    Jim is an amazing man, thanks for this.

    • @victorblaer
      @victorblaer Год назад

      Amazing talent, for sure. Some suspect they discovered machine learning (statistical learning) before anyone else.
      But let's not also forget that he maliciously hid billions of dollars offshore in order to evade taxes, that would have otherwise gone towards the collective betterment of society.
      "Confidential legal files from 2010 show lawyers and advisers for Simons worked to protect him and his children from “particularly severe” US tax bills that would be triggered if they tried to bring the funds onshore. Bermuda imposes no taxes on profits or income.
      The Simons trust was revealed in the Paradise Papers, millions of leaked offshore files reviewed by the Guardian, the International Consortium of Investigative Journalists (ICIJ) and others. The files give a rare glimpse inside trusts used by the super-rich to ensure confidentiality and minimal regulation."
      Sources:
      International Consortium of Investigative Journalists
      www.icij.org/investigations/paradise-papers/secret-world-offshore-mega-trusts/
      The Paradise Papers
      www.theguardian.com/news/2017/nov/07/democratic-donor-james-simons-private-wealth-fund-tax-haven-paradise-papers

  • @RYN988
    @RYN988 11 месяцев назад +15

    Remarkable man. I love his down to earth demeanor.

  • @imid-ltd
    @imid-ltd Год назад +3

    Thank you for your brave share Jim. I too was able to identify flaws from within the context of my work, and it's a good thing we live in a Country where we are protected from our own disclosures.

  • @helioliskfire5954
    @helioliskfire5954 Год назад +8

    His style has something of the aesthetic of math. Understated. Here he seems to be understating his achievements. On my part, to great effect.

  • @haoli5727
    @haoli5727 Год назад +12

    inspring! Thanks Simon and Marilyn for supporting science research!

  • @mattmiller220
    @mattmiller220 Месяц назад +3

    Would love to sit and chat with Jim. Has done such amazing things for the field of mathematics.

  • @sunofgod480
    @sunofgod480 Год назад +18

    Amazing these young people had no questions for this amazing man. I have a million questions I would like to ask him. The talk bored them and went totally over their heads with the focus on math rather than money. What a missed opportunity.

  • @drbonesshow1
    @drbonesshow1 Год назад +4

    The best part of this guy is that he likes to ask questions.

  • @athanasiospapoutsis9978
    @athanasiospapoutsis9978 Год назад +1

    Brilliant man!

  • @29ibrahimsayed95
    @29ibrahimsayed95 Год назад +1

    the last question was so wholesome

  • @NVSTx
    @NVSTx Год назад +73

    This man is brilliant, the knowledge that is needed to even understand what he says is insane, we’ve tried to break it down in our video, hopefully it will give you a better view of how you can learn and do exactly like Jim

    • @finbuster2030
      @finbuster2030 Год назад

      Wheres the link video

    • @NVSTx
      @NVSTx Год назад

      @@finbuster2030 ruclips.net/video/iIa9DLEo1nw/видео.html

  • @DougMayhew-ds3ug
    @DougMayhew-ds3ug 4 месяца назад +2

    I just ran into the theory mentioned, but haven’t unfolded it just yet. The minimum surfaces thing reminds us that least action is always just around the corner no matter where you are working within the hierarchy of natural phenomena and principles.
    The soap bubble demonstration he mentioned is quite stunning for the uninitiated, this realization that there is an ordering preference or bias, already baked into our universe, and reappears at every turn.
    Stuck in a model? Look for least action, it’s like taking an aspirin for a headache. I wonder now where it resides within this theory of his.

  • @madhusudhank4033
    @madhusudhank4033 Год назад +1

    Jim sir we greatful to u

  • @vladav313
    @vladav313 Год назад +57

    It's been ALL outliers for him. His professional life has been such a massive outlier in his success at generating returns while his personal life has been a tremendous negative outlier with him losing BOTh of his sons in freak accidents at very young ages, one at 34 was killed riding a bicycle and the second one died at 24 from drowning.

    • @sanesanyo
      @sanesanyo 10 месяцев назад +1

      I didn't know that. That is really unfortunate. Must be very burdensome for him and his wife 😢.

    • @Cyrus0w
      @Cyrus0w 7 месяцев назад

      Thanks for sharing. I'd love to learn more about the subjects he loves

    • @highviewbarbell
      @highviewbarbell 6 месяцев назад +2

      ​@@Cyrus0wMichael Spivak wrote a 5 Volume Set on Differential Geometry which has some of the most beautiful math prose writing and LaTeX typesetting that I've ever seen, and I mean that. I literally declared a math double major when I saw it because I just must understand it.

    • @Cyrus0w
      @Cyrus0w 6 месяцев назад

      @@highviewbarbell thank you! I’ll check that out

    • @xxxs8309
      @xxxs8309 Месяц назад

      Wow i didn't know that

  • @joeym9169
    @joeym9169 Год назад +4

    I love this story

  • @tushardas2312
    @tushardas2312 Год назад

    Inspiration with motivation

  • @Mike-gd2fv
    @Mike-gd2fv Год назад +1

    What an Amazing guy!

  • @gunningju6107
    @gunningju6107 Год назад +22

    Jim is a great mathematician and investor too...

  • @EMan-cu5zo
    @EMan-cu5zo 7 месяцев назад +4

    Wish I had a fraction of knowledge of numbers as this man.

  • @bma1955alimarber
    @bma1955alimarber Год назад

    Wonderful person and wonderful short and very interesting story! Thank you very much dear Professor and for RUclips

  • @SamiSterle
    @SamiSterle День назад

    Your tips help me avoid mistakes in trading. Thanks for your valuable help!

  • @user-jd9mr1lf5j
    @user-jd9mr1lf5j 3 дня назад

    R.I.P. He is so smart and amazing!!!!!❤

  • @diptyprakashswain1121
    @diptyprakashswain1121 Год назад +1

    Spectacular 😃

  • @tushardas2312
    @tushardas2312 Год назад +1

    Congratulation for having a Wonderful Hedge Fund Company

  • @bluegtturbo
    @bluegtturbo Год назад

    Very impressive.!

  • @AlgoNudger
    @AlgoNudger Год назад +102

    I did a lot of math.
    I made a lot of money.
    And I gave almost all of it away.
    So deep and sarcastic! 🤣🤣🤣

    • @No_BS_policy
      @No_BS_policy Год назад +29

      That wasn't sarcastic. Huge bulk of his fortune he made from trading has been dedicated to his charitable foundations. He's been giving his money away through his foundations with his wonderful wife.

    • @AlgoNudger
      @AlgoNudger Год назад +4

      @@No_BS_policy Cmon, Man.
      u didnt even get it, you r a very serious one. 😂

    • @No_BS_policy
      @No_BS_policy Год назад +23

      @@AlgoNudger no. Jim was dead serious about 'giving all of it away'. He didn't mean he turned his gains to losses by giving them away back to the markets like what most inexperienced traders do. This guy and his wife have been operating a charitable institution where they've been pouring billions to advance scientific causes. He wasn't sarcastic. You mistook what he tried to convey.

    • @DsDs-nu7nw
      @DsDs-nu7nw Год назад +6

      @@No_BS_policy he thinks he is genius just because youtube lets him name himself "algorithm manipulator". 😂😂

    • @snehalpophale6287
      @snehalpophale6287 Год назад

      The shortest and interesting story ever.

  • @estevannascimento2060
    @estevannascimento2060 9 месяцев назад +1

    Great video, thank you! I would just like to add that a Brazilian called Hindemburg Melão Jr. has devised an automatic investment system called Saturn V (L4Σ version), which last year outperformed the Medallion Fund. The results were verified and authenticated by one of the 4 largest auditing firms in the world.
    He (Hindemburg) has also improved the work of 5 Nobel Laureates in Economics. Cheers!

  • @Mike-gd2fv
    @Mike-gd2fv Год назад +5

    The fact that they didn't have any questions makes me mad. I wish I was there.

  • @mandeepsahni2279
    @mandeepsahni2279 Год назад

    It's really a amazing vdo. ❤

  • @juaneliasmillasvera
    @juaneliasmillasvera Год назад +16

    I was used to do the same thing doubling the 2 when I was 8 years old. Next step is 2048, but by this time you of course know it =). The fact is I am 28 years old now I could not addapt to traditional education in my country (Spain) so I didn't go to any university... but I am still learning and publishing modestly by my way. I am still interested in numbers (even the number 2) but things become harder when you try to rise and rise powers in some function... I am very interested in some called tetration (next step to power in operator algebras). I you telling this here becouse some days ago I had a revelation... If I follow the criteria of solve towers of numbers from "top to celling" like Eulers did to solve Fermat Prime Conjecture, instead of my own criteria of solving the towers from "celling to top", my work in "exponentory" (functional operator for serial exponent) and my work in tetration properties are wrong, I had never in my life an identical reality shock... I comment it here becouse maeby some of the audience of this video can understand me in some way. Anyway, thanks to Simons to sharing his experience.

    • @bma1955alimarber
      @bma1955alimarber Год назад

      What did you mean by traditional education?

    • @juaneliasmillasvera
      @juaneliasmillasvera Год назад +1

      @@bma1955alimarber By traditional education I mean the nowadays education system of Spain, must to learn advanced-like Linguistics in Spanish and English, History of Spain and History of Filosophy, Physics from XVIII and XIX century and other topics like choose between Technology classes or Biology classes before you can go to University in any scientific area. It is totally absurd how outdated the middle-high education in my country is... The fact is everybody knows that but the young people think: "Well just 2 o 3 bad years and then I will study interesting things", but in my case I could not accept that, and just become self-taught.

  • @mehmedkhan.6198
    @mehmedkhan.6198 Год назад +7

    I'm an upcoming mathematician,physicist and intellectual simon trust me one day i'll turn the world upside down with my great achievements...i'm proud of you jimmy.

    • @tonys9413
      @tonys9413 Год назад

      You’re also an idiot …… and this is coming from a Mathematician and a scientist much older and experienced than you.

    • @podcast4516
      @podcast4516 10 месяцев назад +3

      Brother we wish you all the best but for God sake don’t turn the world upside down,you can be successful without turning us upside down 😅

    • @julianblacksmith8539
      @julianblacksmith8539 9 месяцев назад +1

      Ur username suggests ur a Muslim, Never forget your beginnings or your GOD.

    • @mehmedkhan.6198
      @mehmedkhan.6198 9 месяцев назад

      @@podcast4516 i feel you bro🤜🤛.

  • @mateuszkor6609
    @mateuszkor6609 8 месяцев назад

    What is the function mentioned at 10:40?

  • @psibarpsi
    @psibarpsi 4 дня назад +1

    RIP legend.

  • @gmshadowtraders
    @gmshadowtraders Год назад +1

    LEGEND

  • @MsMonicaP-ch4tx
    @MsMonicaP-ch4tx 2 месяца назад +4

    He exerted himself the maximum and the kids sat completely lost. What a waste. He should have an older audience. What a humble wonderful person, who keeps the focus on math , not money.

  • @lawrencestoke
    @lawrencestoke Год назад +21

    Great talk! Wish the audience had asked a few good questions about the future of investment, the relationship between politics and business or even sustainable global economic development

  • @camellkachour4112
    @camellkachour4112 Год назад +36

    I tried to contact the foundation of Jim and Marylin Simons in 2017 because I knew they were interested in Mathematics and its relation with Asperger persons. Myself I am mathematician with AS, but I was not funded for my research in mathematics, I have done research in maths during 20 years without almost any money ! When I contacted this foundation unfortunately they didn't help me. My frustration was to not be able to contact Jim or Marylin directly. I am sure that if I had the chance to explain to them directly my work and my situation, they could have helped me. The problem of this kind of foundation is this multitude of people who are like a barrier between the people who really need help in accordance with the aim of this foundation and the real help provided by the Foundation.

  • @user-pk5jn9ff5c
    @user-pk5jn9ff5c 10 дней назад

    Эпичный занос!!! Никогда не видел ничего такого)) надеюсь когда-нибудь я тоже смогу поднимать так.

  • @Deepakadhikari640
    @Deepakadhikari640 Год назад +1

    Very nice speech my god

  • @Personalfinance_10174
    @Personalfinance_10174 8 месяцев назад

    Movie idea: crossed paths, divergent destines: the unabomber and jim (probably not quite crossed paths at berkeley but seemingly very similar minds).

  • @raymondhall9901
    @raymondhall9901 2 месяца назад

    I did Further Calculus & Analytical Geometry. This Differential Geometry no I did not. however this was way back into time (1989-90)and really never applied it

  • @user-dm2id9oq3q
    @user-dm2id9oq3q 8 месяцев назад +2

    If there were a Nobel for Quant Trading, Jim would be the first to win it.

  • @viktoro.ledenyov5829
    @viktoro.ledenyov5829 Месяц назад

    Super!!!📖📖📖

  • @ksriram1978
    @ksriram1978 Год назад +10

    Nice, short talk. However, to know more about the man, it might be just worth reading "The man who solved the market" by Greg Zuckerman.

  • @fractales100
    @fractales100 3 дня назад

    RIP thanks for everything

  • @stayhappy1167
    @stayhappy1167 10 месяцев назад

    Living legend should get nobel prize for his tremendous work in mathematics

  • @DEVRAJSINGHFX
    @DEVRAJSINGHFX 5 дней назад

    Rip Sir 😫❤

  • @alphaTrader.oo1
    @alphaTrader.oo1 6 месяцев назад

    He should be a caring person
    as keep asking if anyone not understand what he said

  • @muhendiseksper7026
    @muhendiseksper7026 Месяц назад

    Did not talk about the "win theory of investment" and how and what is the secret of win ?

  • @archangecamilien1879
    @archangecamilien1879 Год назад

    The guy from Frost vs Nixon and The Trial of the Chicago 7, lol, Frank Langella, could play him...

  • @tonynunez6539
    @tonynunez6539 4 месяца назад

    Would like to know what his equations or algorithm solved and how he solved the stock market and was able to average over 66% over 31 years. Might be a good question.

  • @momenwasir2196
    @momenwasir2196 2 дня назад +1

    Coming random to this video and he dead 3 days ago 💔 10.05.2024. Rip legend

  • @priceactionturkey
    @priceactionturkey 5 месяцев назад

    what kind a dimension he build ? any picture of that ?

  • @alltogetherplaytubefingerf6045
    @alltogetherplaytubefingerf6045 Год назад +5

    Lacks in specifics and detail. Still, thank you for taking the time and courtesy the shareing this.

  • @billbutler8542
    @billbutler8542 Год назад

    I wish I could learn from you

  • @juewang9642
    @juewang9642 10 месяцев назад +2

    Just read Zuckerman’s book about him, very impressive.

  • @shephusted2714
    @shephusted2714 Год назад +4

    what is so remarkable is the degrees of standard deviations from the norm his algos exhibited

  • @xxxs8309
    @xxxs8309 Месяц назад

    What a genius

  • @DedSec44
    @DedSec44 Год назад +3

    Life and Math

  • @NVofus
    @NVofus 3 месяца назад +1

    WOW! WHAT A LIFE! I ONLY WISH I FULLY UNDERSTOOD WHAT THE HECK HE WAS TALKING ABOUT.

  • @DavidDeanBretton
    @DavidDeanBretton 2 месяца назад +1

    informative

  • @samuelvidal3437
    @samuelvidal3437 Год назад

    My idol

  • @ThaiTran-ly2ok
    @ThaiTran-ly2ok 9 часов назад

    RIP legend

  • @user-wr4yl7tx3w
    @user-wr4yl7tx3w Год назад +1

    Investing in science is investing in our future.

  • @harshthakkar3822
    @harshthakkar3822 5 дней назад

    RIP King ❤

  • @143J0KER143
    @143J0KER143 3 дня назад

    R.I.P. the QUANT KING

  • @wealthDan
    @wealthDan 3 дня назад

    Rich Enough. RIP SIR

  • @kamalrosli8855
    @kamalrosli8855 5 дней назад

    damn I was literally watching this last night to get motivated and heard that he died this morning. RIP

  • @mquant001
    @mquant001 День назад

    RIP Master

  • @chiawildy563
    @chiawildy563 Год назад

    He has an odd habit of not wearing socks. But, he has a great personality.

  • @prashantchaturvedi8146
    @prashantchaturvedi8146 Год назад +5

    Why no questions ? Remarkable story

    • @techworld3043
      @techworld3043 Год назад

      yeah, you are right, i wanted to know about more hedge fund stuff.

  • @arunavadasgupta2147
    @arunavadasgupta2147 Год назад

    My Formula
    On
    Venus Mercury and Earth resultant
    Mailed to MIT USA

  • @maxb5957
    @maxb5957 Год назад

    Max was here

  • @bbsara0146
    @bbsara0146 Год назад +3

    I wonder if James Simons has considered that owning a superyacht could be better for society than charity? A superyacht employs a ton of staff to clean it, dock it, provision it, build it, as well as all of the jobs surrounding yachts. Plus working as crew on a superyacht is more fun. and when the owner is away the crew go wild.

  • @frederico_flores
    @frederico_flores Год назад +4

    question: Mr Simon give us your trade bot souce code si vouz plait

  • @Hmmmmmmm02
    @Hmmmmmmm02 5 дней назад

    just heard the news that he passed away earlier today. RIP :(

  • @dds3524
    @dds3524 5 дней назад

    Rest in Peace

  • @Ricardo_Cordero
    @Ricardo_Cordero 5 дней назад

    RIP King

  • @Hambastegy
    @Hambastegy Год назад

    👏👏👏

  • @relaxingmusic-sy8gm
    @relaxingmusic-sy8gm Месяц назад

    IF just they knew who was in front of them and what he did, they would have made more questions i belive

  • @brockwilson4108
    @brockwilson4108 Год назад +7

    Sad to see age taking a toll on his sharpness

    • @haon7272w
      @haon7272w 8 месяцев назад +1

      I think he’s 84 in this clip. Pretty good for his age I’d say.

  • @sandipchatterjee6067
    @sandipchatterjee6067 4 дня назад

    rip king

  • @DavidVonR
    @DavidVonR Год назад +6

    Wish he gave some of his billions to me.

    • @sapientum8
      @sapientum8 Год назад +4

      that would probably cause you harm.