The one thing I find the most amazing aren't even the annualized returns, although they are, as you wel put it, ridiculous; it's the return on one particular year, 2008, when the Medallion made like a 100% gain while the market fell -40%. What is it that you do to get this type of result?
Hey Toby! I had a question for you about Edward Thorpe, I believe it was either quantitative or concentrated investing you talked about the Kelly criterion and Edward Thorpe's exploits while quoting some of his material. When researching him did you ever read his book Beat the Market and if so do you believe warrant hedging/convertible could still be feasible despite how efficient the options market is?
Another great episode Tobi! Actually had The Acquirer’s Multiple arrive in the mail here in NZ today. I’m running a 2020 long/short stock picking competition on the RUclips channel atm (see my latest video). Would be cool to get you involved if you’re interested! Keep up the great work 😉
HOw did james simons get so locked in? Did he wake up at 4am and do an ice bath, then run 3 miles. Eat a raw jalapeno to get the endorphins flowing. then micro dose mushrooms and listen to the all in podcast. then drink 4 large iced coffees so he locked the f**k in. then open his coding terminal and start coding?
The one thing I find the most amazing aren't even the annualized returns, although they are, as you wel put it, ridiculous; it's the return on one particular year, 2008, when the Medallion made like a 100% gain while the market fell -40%. What is it that you do to get this type of result?
I wish I knew!
Hey Toby! I had a question for you about Edward Thorpe, I believe it was either quantitative or concentrated investing you talked about the Kelly criterion and Edward Thorpe's exploits while quoting some of his material. When researching him did you ever read his book Beat the Market and if so do you believe warrant hedging/convertible could still be feasible despite how efficient the options market is?
Thanks Austin! That stuff is all done by computers now so I'm guessing the edges are mostly arb'ed away.
Bloody hell Toby big guest
Thanks Chuck!
Another great episode Tobi! Actually had The Acquirer’s Multiple arrive in the mail here in NZ today. I’m running a 2020 long/short stock picking competition on the RUclips channel atm (see my latest video). Would be cool to get you involved if you’re interested! Keep up the great work 😉
Thanks Tom! I've put my bets into the firm.
The Acquirers Podcast thanks Tobi. Will check it out 👍
HOw did james simons get so locked in? Did he wake up at 4am and do an ice bath, then run 3 miles. Eat a raw jalapeno to get the endorphins flowing. then micro dose mushrooms and listen to the all in podcast. then drink 4 large iced coffees so he locked the f**k in. then open his coding terminal and start coding?