What the legacy of Jim Simons can teach investors about markets

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  • Опубликовано: 30 окт 2024

Комментарии • 166

  • @donb2527
    @donb2527 5 лет назад +174

    What the legacy of Simons taught me in this video:
    Nothing.

  • @petecheng1
    @petecheng1 5 лет назад +133

    this guy charges 5% management fee and 44% performance fee, before fees, his return is averaged at 66% per year, in other words, he cracked the system.

    • @midnightsxtc
      @midnightsxtc 5 лет назад

      so why dont you invest with him?

    • @Clonehunterfighter88
      @Clonehunterfighter88 5 лет назад +46

      MidNight cause his fund is capped at 10 billion and not even friends and family can get in now. It’s mostly a fund for the employees.

    • @midnightsxtc
      @midnightsxtc 5 лет назад +1

      we need to find out if there will be other funds by him to invest his returns are better than anyone's

    • @niveaulimbo6101
      @niveaulimbo6101 4 года назад

      MidNight there are others, it is pretty easy to find out sonething like that but the returns of his other funds are not as good

    • @Scoobe01
      @Scoobe01 4 года назад +2

      He runs a public find Medallian as well but reported as not doing so well as his private employee and partner fund at Renaissance.

  • @michellemarie1197
    @michellemarie1197 2 года назад +10

    this is why mathematics is so valuable, the fact that it can be applied in many different useful, and practical ways and this mathematician is now a BILLIONAIRE, that is amazing, its also heavily used in tech and in science fields which are very much needed.

  • @michaelkennedy4646
    @michaelkennedy4646 5 лет назад +51

    Jim has found a way to win the game without actually playing. Simmons is Like a football team with a fg kicker that can kick from 80 yards out. You never score a touchdown, but you win the game anyways.

    • @Quicksilver714
      @Quicksilver714 4 года назад +3

      Sometimes it's best for everyone on the team to focus on getting to first base as often as possible, and this often leads to the most points on the board at the end of each game. Take the doubles, triples, and home runs as they come, and try to avoid too many strike outs (or pop flies caught by the other team) that come too often when one worries too much about swinging for the fences.

    • @stephenadair8356
      @stephenadair8356 4 года назад +1

      Considering he has had 150% + years when the market was down. Id consider that a touchdown lol

    • @pagogo84
      @pagogo84 3 года назад

      Perfect analogy!

  • @keviteri5933
    @keviteri5933 5 лет назад +31

    Druck should be on the investor returns list, hasn’t he averaged 30% over the last 39 years with no down year?

    • @espionroy7911
      @espionroy7911 5 лет назад +3

      kevi teri Druckenmiller was Soros’ main manager for a few decades, probably clubbed the returns with him. He should’ve been mentioned either way.

    • @grass.dihenia2590
      @grass.dihenia2590 4 года назад +1

      *over 30 years when he was “competing” as a fund manager before the family office

  • @shiblee0670
    @shiblee0670 4 года назад +15

    A huge amount of data and his mathmatics brilliance has managed to find an algorithm. His method is not for an average guy like me . I need to be a brilliant mathmaticians to follow his way of investing

  • @conornoble6205
    @conornoble6205 4 года назад +7

    The equivalent to this has been done with horse racing with huge success, it was started in the early 90s. Huge amounts of data along with finding where the false positives and false negatives are, is where the advantages are gained.

  • @abhirocks4223
    @abhirocks4223 5 лет назад +12

    Guys what do u think, if they really figured out a pattern, Why do they want u to know it..

    • @kevinparsley6806
      @kevinparsley6806 5 лет назад +5

      they dont and his book wont tell anything interesting

    • @m.morininvestor9920
      @m.morininvestor9920 4 года назад

      @@kevinparsley6806 Do you know what kind of asset allocation he does? Any clues'?

    • @ownagejuice1394
      @ownagejuice1394 4 года назад

      ABHISHEK CHAUDHARI his book doesnt tell anything lol

    • @sevencolours5014
      @sevencolours5014 4 года назад +4

      Yes, there is a pattern, but it's not revealed.

    • @Qwuiet
      @Qwuiet 3 года назад +1

      If they let us know their “secret sauce” then they can’t profit from it

  • @arenssowah-dei8134
    @arenssowah-dei8134 4 года назад +3

    If any trader ever doubts what's been talked about here hit me up and I'll show some of the models or patterns. I don't have their systems but what I've managed to come by so far is mind boggling. The price chart is simply a mathematical function and of u have tools to identify the rate of change of the function aka price ure golden! This models shows up on even on the smallest timeframes like the 1min. The markets is fractal in nature. All we must be looking for when trading is the rate of change and price is the last thing to change on the charts. Peace!

  • @nickheath9444
    @nickheath9444 5 лет назад +24

    “I feel nothing. I’m numb.” - joe

  • @klaussamer5113
    @klaussamer5113 5 лет назад +6

    The autor maybe know the book " The Physics of Wallstreet" published 2014.

  • @bleacherz7503
    @bleacherz7503 5 лет назад +3

    They don’t model the market as much as they market large institutional rotations

  • @vishantshah4878
    @vishantshah4878 4 года назад +6

    I just recollect the book when the genius failed, insolvency of LTCM

  • @jlons5586
    @jlons5586 4 года назад +6

    Ray dalio 12%..it looks ridiculous compared to the others

  • @azadsingh3605
    @azadsingh3605 2 года назад +3

    There aum is also very small
    Their position must be small
    Otherwise they become visible in the markets
    They can't implement their model with large capital

  • @profearoum
    @profearoum 4 года назад +3

    Quants are the new CDO managers, you just trust them because you can never understand the models.

    • @zacksnyder4082
      @zacksnyder4082 3 года назад

      All of those algorithms don't work.

    • @hwago123
      @hwago123 3 года назад

      @@zacksnyder4082 and why’s that?

    • @zacksnyder4082
      @zacksnyder4082 3 года назад +1

      @@hwago123 I think people are confusing a euphoric market with their algorithm working. Algorithms can't make determinations about potential changes in future outlook. They can only look back on past data to try and make determinations. If they worked, there would be a lot of billionaires. Essentially, they just follow trends

    • @matty5690
      @matty5690 3 года назад +1

      ​@@zacksnyder4082 You don't have a clue what you're talking about.

  • @gunningju6107
    @gunningju6107 5 лет назад +6

    To my view, Simons may have overstated the importance of quant model: some years his core fund outperformed non-core funds which, reported by media, seems to be front-run by his core fund.Steven Cohen is a suspect of insider trading as his formed fund firm was dissolved by all sorts of legal suits;;;

    • @vixcentral
      @vixcentral 5 лет назад +2

      Rentech does large scale statistical arbitrage. Law of large numbers works in their favor plus they have insane leverage and tax optimizations for Medallion. Their other funds don't do as good because they use the discarded signals that isn't incorporated into Medallion.
      Steve Cohen gets 30% with insider trading and 1% without it (Point72 performance)..

    • @Quicksilver714
      @Quicksilver714 4 года назад +2

      Cohen is said to use lots of options. If you have a lot of money to start with, and you're buying both puts and calls on very volatile securities, you're probably going to make serious money over time - particularly when you can buy those options cheaply.
      If you have very little money to start with, options may not be a strategy you'd want to fool with until you build up a decent sized nest egg. You also want to be very careful when selling options.

  • @cinzafenix08
    @cinzafenix08 4 года назад +2

    Cool cheers from Portugal 🇵🇹

  • @Scoobe01
    @Scoobe01 4 года назад

    Great Book will be reading this materials.

  • @himanshugautam8301
    @himanshugautam8301 4 года назад +5

    Average Holding Days is around 2 days. Interesting!!

    • @ZubinB
      @ZubinB 4 года назад

      That too with 5,000 stocks.

    • @manisshthakur621
      @manisshthakur621 4 года назад

      he was a trader or investor?

    • @himanshugautam8301
      @himanshugautam8301 4 года назад +1

      @@manisshthakur621 money manager.

    • @OutOfRangeDE
      @OutOfRangeDE 4 года назад

      My personal is about 3-4. Surprised about it.

  • @shaun9286
    @shaun9286 4 года назад +4

    Jim’s simons have already revealed that his strategy have market patterns which is available online. You just need to control your emotion and place stop loss and take profit which hav at least 3:1 risk reward. Of cause with win rate of at least 60-70% u will be doing great

  • @koustubhavachat
    @koustubhavachat 3 года назад

    Where can i Buy stock market data ?

    • @pranjayarora8115
      @pranjayarora8115 7 месяцев назад

      BSE MOEX STOCK MARKET DATA FREE 🆓🆚 NASDAQ STOCK MARKET DATA PAID 💰TRADING VIEW INFORMATION

  • @thegodpill9696
    @thegodpill9696 5 лет назад +7

    I actually solved the market and I'm 29. When I own the financial sector in 12 months, we can argue if I'm brilliant or jesus.

    • @ED-TwoZeroNine
      @ED-TwoZeroNine 5 лет назад +3

      LOL

    • @kevinparsley6806
      @kevinparsley6806 5 лет назад +1

      jesus dude one comment on one video is enough.

    • @thegodpill9696
      @thegodpill9696 5 лет назад

      @@kevinparsley6806 has anyone great ever became great after hearing and accepting your advice... and they never will, so shut the fuck up loser.

    • @jsallerson
      @jsallerson 5 лет назад +1

      Well.. if you provided anything beyond the claim of a non supported allegation of an entirely arbitrary statement, then your comment would be taken seriously.
      But since this is RUclips, and anyone can say anything pertaining to anything about anything with no foundation or evidential support to back it up.. we are going to have to dismiss you entirely.

    • @rapturerich
      @rapturerich 5 лет назад +3

      What you smoking?

  • @sku32956
    @sku32956 4 года назад

    So he take positions on both sides of a trade ?

  • @djad3115
    @djad3115 5 лет назад

    Good report.

  • @azadsingh3605
    @azadsingh3605 2 года назад +1

    Moral:Dentists love to invest

  • @WalksandAll
    @WalksandAll 5 лет назад +6

    WHEN GENIUS FAILED, BEWARE!

    • @gigihikhsani9487
      @gigihikhsani9487 4 года назад

      @Bradley Johnson just learn the history of LCTM/LTCM (i forgot wich is right)

  • @FProductions64
    @FProductions64 3 года назад +1

    He was magnificient mathematican who wasted his talents on the rigged gambling market, I mean the stock market.

    • @ivoriankoua3916
      @ivoriankoua3916 2 года назад +1

      lol he still is a Mathematician and getting billion overnight aren't that bad I guess

  • @kevinparsley6806
    @kevinparsley6806 5 лет назад +5

    this guy is annoying. let me tell you book writer... most of the people that look at these promo videos already know who jim is and probably already know more than is in your book.

    • @jgfunk
      @jgfunk 4 года назад +1

      I'm reading it right now. It's great.

  • @nosferatu5500
    @nosferatu5500 Год назад +1

    teaching math, really, so rude

  • @maxb5957
    @maxb5957 2 года назад

    Max was here

  • @ДанилаБабич-е2р
    @ДанилаБабич-е2р 5 лет назад +7

    The writer has no clue, no brainer. Much ado about nothing.

  • @jolenemalone6976
    @jolenemalone6976 3 года назад

    Jim simmons totally makes Jessie Livermore look like a preschool

  • @AllaBader01
    @AllaBader01 3 года назад

    No single new information that you can't find in the web. he just collect data and do models.

  • @megharshagowda2232
    @megharshagowda2232 Год назад

    I like Warren Buffett and Peter Lynch both are big Bulls excellent stock pickers

  • @nicolas395
    @nicolas395 Год назад

    “I feel nothing. I’m numb.” 😂

  • @mastereymaster8180
    @mastereymaster8180 4 года назад +1

    I descover that the market is simple and before it become simple its hard to pick up your mind and i solve in 70 days

  • @kenan1856
    @kenan1856 4 года назад

    RİEF Fund returns gross or net of fees?

  • @luislopez-tx4tl
    @luislopez-tx4tl 4 года назад

    nice to know i have no emotions

  • @Q_QQ_Q
    @Q_QQ_Q 3 года назад

    1:30

  • @sevencolours5014
    @sevencolours5014 4 года назад +1

    This Simons guy didn't produce anything of value. He just invented a way to tax people who use the market. Most of the times you trade against his computer algorithms you lose a tiny bit. Without him, people would get more out of their investments. IRS is happy to allow this with the condition they're heavily taxed, because it's basically another form of tax.

  • @heliheli6808
    @heliheli6808 4 года назад

    ?

  • @ChunWong
    @ChunWong 5 лет назад

    damn

  • @hugomontiel789
    @hugomontiel789 4 года назад +1

    "they went back thousands of years" wow...

    • @qwfxny
      @qwfxny 4 года назад +1

      the mkt was found 1817, how is it that went back thousands of years @BeckyQuick 2:35

    • @ZubinB
      @ZubinB 4 года назад

      @@qwfxny Academia, historians. Trade has been around forever. Just that computerised data isn't there. But books are & they can be scanned & analysed by machine learning algorithms.

    • @dinsel9691
      @dinsel9691 4 года назад

      Nope.. i cringed when that stupid woman said that...
      So embarrassing.. only someone who has no basic knowledge of history will utter that nonsense.

  • @socrates_the_great6209
    @socrates_the_great6209 5 лет назад +4

    I like how they make it sound like it is a good thing that the rich in the future will beat any non-rich person trying to trade for a living with their AI/bots. It is a big win for the rich and a big loss for the people. Try imagen how good the bot will be at even manipulating the markets and predict the human anti manipulating tactic of human-beings and counter that...

  • @pranjayarora8115
    @pranjayarora8115 4 года назад

    jim simons > george>raydalio>paul toder jones

  • @oldworld6270
    @oldworld6270 5 лет назад +1

    Banks have been our downfall since their inception.

    • @Erikpdx
      @Erikpdx 5 лет назад +1

      Yeah, civilization hasn't advanced at all over that period

    • @MAGNATEOfficial
      @MAGNATEOfficial 5 лет назад +1

      The level of ignorance in this comment is absolutely astounding! Wow!

    • @louissanderson719
      @louissanderson719 2 года назад

      Whether you like it or not, without banks, there would be no economic growth. The institutions themselves aren’t the problem, it’s the people running them.

  • @j.r.90001
    @j.r.90001 4 года назад +1

    What a boring way of investing! Intuition (+ micro/macro trend awereness) is the greatest way of playing, IMHO. Usually, I don't even bother to read compinies' financial results (except for the bullet points), waste of time. Technical analysis is boring, as well.

    • @holdened
      @holdened 4 года назад

      Isn't technical analysis what is achievable? No emotions no fundamentals just going off on principles n indicators

    • @hwago123
      @hwago123 3 года назад

      And how’s that working out for you?

    • @j.r.90001
      @j.r.90001 3 года назад

      @@hwago123 Doing just fine, thank you. I've got currently about 200 different stocks in my portfolio. Would not even have time to read all their reports! I group them according to the sector and pay attention to that (+macro happenings in the economy).

    • @phillaysheo8
      @phillaysheo8 3 года назад

      Seems like you are from the Wallstreetbets crowd.

    • @j.r.90001
      @j.r.90001 3 года назад

      @@phillaysheo8 No.

  • @paulmorris5024
    @paulmorris5024 5 лет назад +2

    The guy who ruined the stockmarket, Thanks Jim!!!

    • @Erikpdx
      @Erikpdx 5 лет назад +2

      @Alexander Bayer most trades are a zero sum game. If he's buying low and selling high, you're on the other end buying high and selling low.

    • @Erikpdx
      @Erikpdx 5 лет назад

      @GODESTINY and when you sell something, the next buyer is at a lower price and the price of the stock goes down.
      The stock price doesn't stay at the same price when someone sells their shares

    • @Erikpdx
      @Erikpdx 5 лет назад +1

      @GODESTINY yeah, if you sell one share, lol
      This guys are making billions. They don't just buy a couple shares. They close out sell orders that are priced low to get into a position, and then take all the higher orders to get out of the position. Pump and dump. The people they sold to are left holding shares that are now worth less

    • @madeniran
      @madeniran 5 лет назад +1

      GODESTINY you are absolutely correct. You and I can buy/sell stock with one another OTC and it will NOT influence the market price. However if we transact on the stock market it will.

  • @diseasefire
    @diseasefire 4 года назад +1

    There are many reasons why i suspect that this is simply a scam

  • @edithkhatinsky1267
    @edithkhatinsky1267 3 года назад

    To whose who are born to crawl will never be able to fly.This is old saying but it works every time.Some understand this, majority don't. That is why so many Shmocks are roaming around.

  • @shaun9286
    @shaun9286 4 года назад

    I make 100% a month consistently for 3 years

    • @xi7837
      @xi7837 4 года назад +2

      Ponzi scheme?

    • @raydjyoti
      @raydjyoti 3 года назад +2

      Congrats on being a trillionaire then.

    • @BottomTick
      @BottomTick 3 года назад

      pffft. Big deal. I do that a day

    • @videopunk_project3737
      @videopunk_project3737 3 года назад +1

      2^36 = 68'719'476'736