The mathematician who cracked Wall Street | Jim Simons

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  • @ty814
    @ty814 6 місяців тому +134

    RIP legend Jim Simmons (1938-2024)

    • @heshere
      @heshere 6 місяців тому +1

      wow, I didn't know RIP

  • @poleag
    @poleag 9 років тому +1721

    This guy is a great communicator. He knows how to avoid jargon and knows how to explain things to people who aren't experts.

    • @sgfreak96
      @sgfreak96 6 років тому +11

      My main thought. He did an amazing job!

    • @TrunkMonkey3000
      @TrunkMonkey3000 5 років тому +38

      Older rich men often do I've noticed... Lawyers, judges, doctors, they speak slowly and simply, but there seems to be some wisdom in their words (usually).
      Buffet and Munger are examples of this and surprisingly there is a tiniest hint of humility at times. It's like yeah we know we're the best, but can still screw up and have plenty of times

    • @tmwall25
      @tmwall25 5 років тому +2

      he didnt explain anything?!?

    • @mxschumacher
      @mxschumacher 4 роки тому +22

      once people don't feel the need to prove their intelligence through the way they speak, they can simplify. Somebody making deeply convoluted statements is probably insecure.

    • @jeffschlarb4965
      @jeffschlarb4965 4 роки тому +4

      That is how you can tell someone really understands something, they can explain it so someone of little background understands it.
      Dr. Gilbert Strang, Liner Algebra, MIT 18.06..very good to know for Data Science...things my junior level Math 345 class didn't cover!

  • @johnrknox1518
    @johnrknox1518 7 років тому +221

    Jim is a truly remarkable individual. My son got a PhD in Math from Stony Brook where Jim became chair of the department and made signifcant advances then left to form his fund and then returned later in life to to make more important mathematical contributions. He liked privacy and is probably not as well known as he would be otherwise. This interview gives only a glimpse into how interesting he really was. I as others would like more and longer interviews just letting Jim speak.

    • @noor-rrr
      @noor-rrr 7 місяців тому

      How good is stony brook university and how well employers perceive it ? Also they has a master program in quant finance any thoughts about it ?

    • @nicklubrino2606
      @nicklubrino2606 5 місяців тому +1

      It’s sad to find out Mr. Simons passed away last month.

  • @marceck1
    @marceck1 8 років тому +3378

    Several times, the interviewer cuts him off as he is about to expand on his thoughts. Very frustrating.

    • @age_of_reason
      @age_of_reason 6 років тому +44

      Several times? I can't find one instance of it. Why don't you cite some examples instead of taking the 'people familiar with the matter' approach.

    • @age_of_reason
      @age_of_reason 6 років тому +37

      I don't see it. I see the interviewer leading the interview which is his job, to direct the conversation to inform the people as much as possible in the limited time available. Like I said, all these people claiming the interviewer is interrupting fail to cite one example. I watched the video again and don't see it. I see a regular conversation.

    • @TheSolidsnake2001
      @TheSolidsnake2001 5 років тому +75

      Exactly, this interviewer is annoying

    •  5 років тому +5

      @@age_of_reason you don't see you must hear!!!!!!1

    • @raghavgiridhar8387
      @raghavgiridhar8387 5 років тому +38

      nope he kept the old man from rambling. Made him to talk about whats needed from him. Remember, there is a time constraint.

  • @TheArtKingdomYT
    @TheArtKingdomYT 9 років тому +2477

    I hate how the interviewer kept cutting in on the conversation, LET THE MAN TALK!

    • @dakrisis
      @dakrisis 9 років тому +49

      +ShadowSayan1 These talks are time limited, so CUT THE MAN OFF!

    • @dakrisis
      @dakrisis 9 років тому +5

      +shubus I have no idea, but Chris Anderson is the curator and he wanted to tell Jim's story I guess. Jim probably didn't want to give an 18 minute talk by himself so they compromised?

    • @TheArtKingdomYT
      @TheArtKingdomYT 9 років тому +44

      +dakrisis I get that but the thing is the man clearly knows what he's talking about and he probably had some very interesting stuff to say but he kept being asked more stuff. To put it simply I rather have 3 well answered questions than 6 incomplete answers.

    • @dakrisis
      @dakrisis 9 років тому

      True dat.

    • @MrGirach
      @MrGirach 9 років тому +16

      +ShadowSayan1 this guy would keep getting side tracked, chris just kept it on point and on course for the allotted time period

  • @ShivinUnitholi
    @ShivinUnitholi Рік тому +41

    At 37 I decided to pivot to Tech and learn Software development. Thanks to my habit of reading, I read a book on Jim Simons and got to read a lil more on Quant development. I am now learning both Math (going back to it after almost 20 yrs) and software. I know it's gonna take time but I'm super pumped. This man is one of my role models.

    • @_Akyel
      @_Akyel Рік тому

      Can you please tell me which books you have read about my friend Jim Simons?

    • @fast.factszz9842
      @fast.factszz9842 5 місяців тому

      heyy any advise for me as i'm going to turn 24 and idk maths or any trading .. what should i focus on to do trading for my own using algo like him

    • @trojan9838
      @trojan9838 3 місяці тому

      @@fast.factszz9842bro don’t even start look for a job. This requires at the minimum a PHD level knowledge about maths and stats

  • @BLTspace
    @BLTspace 9 років тому +653

    I could listen to this guy talk all day.

    • @i.c.y.
      @i.c.y. 9 років тому +27

      +BLTspace without the not-so-smart interviewer constantly interrupting and annoying everyone

    • @xXSellizeXx
      @xXSellizeXx 9 років тому +2

      +BLTspace
      I'm Sean Connery. Raarrrghhhh....

    • @dgouss3
      @dgouss3 8 років тому +1

      Hear hear !

    • @doubtsrtraitors
      @doubtsrtraitors 8 років тому +11

      me too. just wish the interviewer would let him talk

    • @frabjfrabj2236
      @frabjfrabj2236 7 років тому

      I thnk thats fascinating that you can listen to this guy all day. I find him incredibly boring. But maybe theres something im missing. x

  • @altoticket
    @altoticket 2 роки тому +23

    This should be a 2hr long interview.. the rush from the interviewer on the first part ended up being justified by the amazing last half were Jim could talk more freely about how he views the world. Such a fine gentlemen.

  • @ianpan0102
    @ianpan0102 6 років тому +63

    The thing I appreciate most of this man is that despite his incredibly high level in his field, he is able to explain theories and facts or his findings in such a simple way that normal educated people could understand and even find interesting.

    • @sonjak8265
      @sonjak8265 6 років тому +1

      what field?

    • @kunkundalin
      @kunkundalin 5 років тому

      @@sonjak8265 mathematics, did you not watch the video?

    • @sonjak8265
      @sonjak8265 5 років тому

      @@kunkundalin I heard him mention the theorem on the relation among vertices, edges and faces, but did not hear him explain any mathematical theory in this interview.

    • @rich1355
      @rich1355 2 роки тому +2

      @@sonjak8265 that's the deep mathematics theory u could learn. and high school only teach u the basic surface level of mathematics which mostly a dumb numbers.

  • @wealthymind1111
    @wealthymind1111 5 років тому +183

    I just finished reading "The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution" by Gregory Zuckerman about the Jim Simon, Renaissance Technologies and how it all started. Highly recommended!

    • @SingaporeSkaterSam
      @SingaporeSkaterSam 5 років тому +5

      Bloompicks just read it and felt it was disappointingly thin; fizzling out into a rant about Mercer / Trump.

    • @TasosDalias
      @TasosDalias 4 роки тому

      The book is amazing. Very interesting from many aspects.

  • @Hello-pl2qe
    @Hello-pl2qe 3 роки тому +7

    Im always in awe of brilliant people like this that form the world around us, behind the scenes, and probably deserve to be household names. Everything but average.

  • @listentorpo9521
    @listentorpo9521 5 років тому +230

    He definitely needed more time. The interviewer was rushing him. This guy knows too much to squeeze into a 20-30 minute interview

    • @laykefindley6604
      @laykefindley6604 4 роки тому +18

      I didin't like or dislike your comment because it had wisdom for sure. But also, I will say, the interviewer did well considering their job is to draw out as much information as they can in a 20 to 30 minute interview.

  • @jakealvin1439
    @jakealvin1439 5 років тому +47

    This guy is a gift to the human race

  • @50Options
    @50Options 2 місяці тому

    I can't get enough of Jim Simons. Such a brilliant man.

  • @_robbo9053
    @_robbo9053 5 років тому +365

    Common problem with a lot of interviewers. Love their own voice.

    • @69erthx1138
      @69erthx1138 5 років тому +5

      So true, the only thing they love more is their own farts.

    • @ccc3
      @ccc3 4 роки тому +15

      It may seem like it, but because there is an audience and multiple speakers, TED talks are limited to 18 minutes (it's specified in the guidelines). The intent is to get snapshots from remarkable people in several domains, not go Joe Rogan. They are pretty religious about the format.

    • @kalmimiskolczy1554
      @kalmimiskolczy1554 4 роки тому

      All I saw was the back of his head the whole clip

    • @haydenwilsonx
      @haydenwilsonx 3 роки тому

      Too right - a great interviewer wants to make himself invisible

    • @johnsmallberries4371
      @johnsmallberries4371 3 роки тому

      Or think we love it.. he needs lessons from joe rogan

  • @amancalledfroggy
    @amancalledfroggy 8 років тому +215

    if he could ever publish half of what he and his colleagues at renaissance found, that work would probably be nobel prize in economics worthy.

    • @bighands69
      @bighands69 5 років тому +40

      What he has done has nothing to do with economics and has more to do with finance. People have made just as much money with a lot less complexity and more transparency.
      Finance is all about identifying profits and long term stability of those products so that growth can be achieved. The balance sheet equation is just as important as it was 25 years ago.
      Certain things hold true no matter what because they are rooted in philosophical logic.

    • @cheeveka3
      @cheeveka3 5 років тому +23

      If he did publish than everyone will copy his strategies there is a reason why he is a very private person.

    • @12345678901234565678
      @12345678901234565678 3 роки тому +13

      Or just crash the markets. Some need to lose so some can make money.

    • @mod2
      @mod2 2 роки тому +11

      @@bighands69 Lol you claim to know finance, but talk about basic accounting (A = L+E) and compare it to the work of renaissance. Renaissance doesn't take money from LPs because they return all of it in few months. What other fund is doing it at this pace? None. People haven't made this much money at this scale at close to the same pace.

    • @bighands69
      @bighands69 2 роки тому

      @@mod2
      I have no idea what you are talking about. Can you explain what you mean.

  • @stemikger
    @stemikger 6 років тому +17

    Wow, this is one smart man and the way he can convey his thoughts so everyone can understand is simply brilliant!!

  • @69erthx1138
    @69erthx1138 5 років тому +27

    I remember the first time I encountered the Chern-Simons theory, I was struggling to learn quantum field theory. from what I recall, for string theory, if the Euler characteristic is described by wrapping polygons around the sphere, this describes the modes of vibration for an open string, i.e., V-E+F = 2, so 2 is the number of poles (singularities) connecting the ends of the string. For the torus, 0 poles, so this describes a the modes of vibration of a closed string. I think C-S theory comes in when you're looking for discrete combinations (combinatorial stuff, like Jim mentions) of modes. So instead of looking at all the modes, i.e. a continuum, you get a quantization of the string modes. Speaking strictly form memory and the greatest humility. He is a very inspiring type of guy, it folks like him that encourage the rest of us to learn things are far outside of average.

  • @theman211294
    @theman211294 9 років тому +724

    More talks like this and less feminist/pseudoscience/spiritual talks please!

  • @kashif554
    @kashif554 7 років тому +13

    It's a shame that this video has only so few views. What a fascinating personality.

  • @lizgichora6472
    @lizgichora6472 2 роки тому +4

    Excellent! Thank you for Supporting Math, Science and R & D Jim Simons. You're highly appreciated and motivating role model.

  • @Fetherko
    @Fetherko 6 років тому +10

    I thought this would be more technical, but I loved it. Peacenik, philanthropist, philosopher!

  • @laojace
    @laojace 9 років тому +727

    "Can you explain what that work was" "No" HAHAHHA such a badass

  • @ABitOfTheUniverse
    @ABitOfTheUniverse 9 років тому +19

    19:05 So glad this, talk took this turn.

    • @ABitOfTheUniverse
      @ABitOfTheUniverse 9 років тому +5

      Chris runs the show.
      He was a lot more humble years ago before his guests, years ago.

  • @ABitOfTheUniverse
    @ABitOfTheUniverse 9 років тому +29

    That sigh at 11:25

    • @unlimited1652
      @unlimited1652 9 років тому +13

      +ABitOfTheUniverse He was rudely interrupted imo.

  • @1interesting2
    @1interesting2 9 років тому +1

    One of the best TED talks on youtube

  • @jaycameron6548
    @jaycameron6548 8 років тому +604

    The Interviewer doesn't let Jim Simons speak freely

    • @karlvanzandt99
      @karlvanzandt99 7 років тому +1

      hey

    • @age_of_reason
      @age_of_reason 6 років тому +2

      Don't know what you're talking about. Maybe you could cite an example.

    • @kargs5krun
      @kargs5krun 6 років тому +3

      Um.....yes.....and no. (To some this is so; to some Jim's "long-winded.") Ergo: Chris Anderson is "just doing his job." Well....by some, apparently not by you.

    • @jonedwards3033
      @jonedwards3033 6 років тому +1

      How many do? With their own remit trying to make the event more exciting !

    • @MoreSpaceStuff
      @MoreSpaceStuff 5 років тому +8

      @@age_of_reason You're a freaking idiot. If you can't see the fact that the interviewer doesn't even let him finish one "COMPLETE" thought without him interrupting Jim. STFU with your "cite an example" B.S. Here are some examples for you from
      @Elia Kaiser "Age of Reason Age of Reason Age of Reason To give you some examples. 10:54 / 11:26 You can ever hear Jim breath a little heavier cause he‘s anoyed. / and 13:55 just to name few :)"

  • @ChiIeboy
    @ChiIeboy 4 роки тому +6

    Most of this was over my head, but the one thing I was able to take away is that the interviewer loves the sound of his own voice.

  • @christopherwessells4185
    @christopherwessells4185 6 років тому +20

    Love to listen and learn from brilliant people. Truly inspirational and one of the best Ted Talks ever.

  • @MrSupernova111
    @MrSupernova111 8 років тому +17

    Absolutely brilliant man and great interview!

  • @ViperMD
    @ViperMD 9 років тому +27

    This interview was much, MUCH too short. Great video!

    • @SickQuarEU
      @SickQuarEU 9 років тому

      Absolutely agree!

    • @B3nnub1rd
      @B3nnub1rd 9 років тому +4

      Brady Haran has an hourlong interview on his channel. (Numberphile)

  • @r22jeff
    @r22jeff 5 років тому +7

    I for one think the interviewer did an excellent job here. Of course, there was a few instances of the interviewer stepping on mr. Simons conversation there was also many instances of mr. Simon cutting off the interviewer because he had so much enthusiasm for what he wanted to say.

  • @fiddlelab
    @fiddlelab 8 років тому +628

    The whole time he's talking, all I could think was - "white Morgan Freeman".

    • @matthewhuberty6034
      @matthewhuberty6034 7 років тому +34

      Morgan Freeman couldn't handle a candle to this cat.

    • @mrmegabuckssongs
      @mrmegabuckssongs 6 років тому +2

      Looool

    • @69erthx1138
      @69erthx1138 5 років тому +1

      That's fair, because Jim Gates is a black Morgan Freeman, an isomorphism. There must be a Chern-Simmons classification for this, LOL!

    •  5 років тому

      Using the powerful knowledge provided by math to become millionaire in financial markets is not noble, sorry!

    • @daliacapellan
      @daliacapellan 5 років тому

      I can't un-imagine this now.

  • @theblackinvestor3990
    @theblackinvestor3990 5 років тому +46

    For those who don't know how he cracked Wall Street. Him and his friends are mathematicians. They collected tons and tons of data from ages ago some of which is inaccessible. They weren't traders so they hired scientists and traded but mainly researched. With all this data these guys fed it to A.I which now trades for him.

    • @junserafin5241
      @junserafin5241 Рік тому +1

      So, I'm guessing there will be a lot of copy cats who do the same. Now with the AI taking off. My question is what will this do to the Markets? Bigger swings or flat neutrality? I read the LTCM book, they were all geniuses too, yet they failed. What separates Jim from them?

  • @germanarturo11
    @germanarturo11 6 років тому +40

    It's amazing how his interruptions kill specific thoughts Mr Simons is trying to explain...

  • @ramchillarege1658
    @ramchillarege1658 Рік тому +2

    What a treat to listen to Jim. Thank you for the interview, and your inspiration.

  • @doubler2288
    @doubler2288 5 років тому +5

    Interviewing is definitely a skill.

  • @tradingcup7682
    @tradingcup7682 4 роки тому +2

    Love reading his book 'The Man Who Solved the Market'. Got it on Audible and keep listening to it over and over. Along with Mike Bellafiore's books. Love em.

  • @Bradlee297
    @Bradlee297 5 років тому +21

    To everyone complaining about him being cut off by the interviewer, please understand there is a time limit to get this vast amount of information out

    • @assiah71
      @assiah71 4 роки тому

      Exactly my thoughts 🙏🏼

    • @ccc3
      @ccc3 4 роки тому

      Yeah, TED events are held with audience and multiple speakers. The TED guideline specifies that the maximum length of any talk is 18 minutes. It's the optimal compromise between information, attention span and respect for the other speakers. They are pretty religious about it.

    • @PunitJain8695
      @PunitJain8695 Рік тому

      There's a reason Ted videos are supposed to be dedicated to a topic. This went around all his life, not letting him properly clear things around any of it.

  • @GianetanSekhon
    @GianetanSekhon 2 роки тому +1

    Market hates repetition. It is a great innovator at springing NEW surprises. It tries to beat both the majority and the outliers and leaves everyone with a sense of NEW reality. The keyword is NEW.
    If you can withstand the grind of novelty howsoever harsh it maybe- you win. Sometimes handsomely.

  • @marm_sam_bamb
    @marm_sam_bamb 9 років тому +244

    The interviewer keeps interrupting him. So annoying!

    • @age_of_reason
      @age_of_reason 6 років тому +2

      Again, cite an example instead of just saying that. This is an interview with a mathematician. At least show your work son.

    • @julexkazoo1576
      @julexkazoo1576 6 років тому +7

      How many do you want?

  • @aperson2730
    @aperson2730 Рік тому +2

    Interviewer has a very AWKWARD interviewing style

  • @ziruihao2574
    @ziruihao2574 6 років тому +19

    4:59 "The Unreasonable Effectiveness of Mathematics" Yes, the universe functions in accordance to mathematics, not the other way around.

    • @bronwindraney5111
      @bronwindraney5111 4 роки тому

      Origins of life? The true nature of the Universe? What drives the Universe? What powers stars, the Sun? The true nature of comets?
      ua-cam.com/users/ThunderboltsProject

    • @yzyz7779
      @yzyz7779 3 роки тому

      Subhanallah, On hadist says Allah give 1 drop knowledge to human from entire ocean in earth , compare with knowledge from him.

  • @chaywa5obz
    @chaywa5obz 5 років тому +1

    You are all talking about how the interviewer should have let him speak more and not cut him off. But the guy he is interviewing didn’t actually want to directly answer a lot of his questions and gave broad or evasive answers to a lot of questions either bcse he felt the generals public would not understand these complicated mathematical concepts, bcse he didn’t want to give out his trade secrets, or simply bcse he isn’t comfortable talking in front of such a big crowd.
    But the truth is for whatever reason he didn’t really cooperate with what the interviewer was asking and the interviewer truly asked very valid questions that were very well organized in sequence. Very honestly both men are great men in their own fields and the interviewer is one of the best in the whole world and he does an amazing job taking to these remarkable individuals.
    But you have to understand it is his job to get juice out of him and if he’s not really biting he has to bounce of and keep the flow going to make for a very interesting conversation worth being televised otherwise the whole thing would fall flat. We always tend to critique others but some situations simply are as they are. The interviewer did really good considering all the circumstances and is perhaps one of the best interviewers in the entire world otherwise he wouldn’t be assigned by Ted to interview all these remarkable people.
    Objectively speaking I don’t think any average person could come remotely close to his interviewing or public speaking skills.
    The truth is pulling off a televised or an important you tube broadcasted interview in this case comes with natural constraints and sometimes things like this happen either bcse the two people talking naturally don’t have the very best organic chemistry in the world or simply bcse the person interviewed is not comfortable or bcse the audience is not responding properly.
    All in all, considering all the circumstances and factors both the interviewer did very well, he tried to make the guest comfortable without bothering him and to make for a very good interview worth watching regardless of the situation he was dealt.
    We shouldn’t judge and critique others so fast bcse these things are not as easy as they look. And in the entire world very very few people can pull off such interviews on this level.
    The interviewer actually showed true mastery and know how in handling the situation at hand. I really doubt anybody in the comment section could have done better than him if they were actually directly engaging with an old mathematician that is not that comfortable being on stage or answering a lot of the questions.
    Both men are obviously great people but some things simply are as they are.

  • @strewf
    @strewf 8 років тому +11

    Pub. Sep, 2015 - Jim Simons - 234,834 views
    Pub. Mar, 2015 - Monica Lewinsky - 4,195,766 views
    Can you begin to imagine how a person with a Jim Simons intellect suffers by just living in this world?

  • @hopaideia
    @hopaideia 3 роки тому +2

    I can almost hear Jeremy Irons in Margin Call, saying, >> I get paid (make the big bucks) gessing what the music may do .....

  • @MrChefjms
    @MrChefjms 4 роки тому +9

    He doesn't wear any socks 🤣, that proves it, he is a genius !

  • @godfather0618
    @godfather0618 6 років тому

    I am bothered by the inappropriateness of the questions of the host - especially when the speaker is explaining a thought. Thank God he is a genius, he always gets it back to the topic :)

  • @FrozenAmy
    @FrozenAmy 9 років тому +199

    I know this guy from Numberphile!

    • @riffraff2770
      @riffraff2770 8 років тому +11

      The numberphile interview is great!

    • @olciii8710
      @olciii8710 6 років тому

      Muhammad Yahia Tarabisfffç

    • @Hermetics
      @Hermetics 4 роки тому +5

      Nikola Tesla:
      "If you only knew the magnificence of the 3 6 and 9, you would have the key to the Universe"
      Science uses numbers to count, I use them to play and attribute functions to them, just as they were alive + the 7 colors of the rainbow.
      Polarity blueprint secret in the visible spectrum of light:
      HOT Balance Cold
      Red-Orange-Yellow ]Green[ Blue-Purple-Pink
      0) 1 ]2 3 {4 | 5} 6 7[ 8 (9
      Add them up as palindrome an all will result 9
      0+9=9; 1+8=9; 2+7=9; 3+6=9; 4+5=9; (this and colors are the only recursive information as the torus field has no end and beginning only two dark spots as emergence points to make some sense of the Universe and every force within it) Just as a puzzle or door, you need to figure out how to open it to reveal all it's secrets. Mother nature and the Father are man and woman, controlled by the main polarity-shift (existing and not), which is self or God.
      For 2000 years mankind has contemplated on it's source-code with no prevail. The problem, from my point of view is our medium or surroundings. We live in a space, where we can only perceive reality from our surroundings point of view. Man has never been able to think past, what he observes. We can state, that the words and ideas we are playing with are a product of observation, just like we are playing with LEGO pieces, yet we never think past those individual components, that make up our current EARTH-bound reality.
      The question is:
      Is it possible for the human brain to come up with something, that can explain everything and understand every force, reality, matter, dreams, illusions, magic, masonic wisdom, occult wisdom and every possible outcome, that can ever exist?
      My answer is yes! In order to reach full explanation of everything, man must take some starting points in consideration:
      - the theory must be understood by all beings, not just on Earth, but also from other star-systems and realities, even formless-matter-less lives, just like God or the Devil;
      - the theory must have some information, that everyone can relate to, from the highest PHD intelligence to the lowest and stupidest beings;
      - the theory must not be forced upon anyone, meaning that it must leave free will alone, so that the being can apply it in his or her reality, without limiting it's perception (not forcing it like: "this is the way it is, and you must accept it")
      - the theory must include and solve everything from all mathematical problems (like the Riemann Hypothesis) to every branch of science and it MUST even present the means to cure every disease, neutralize radiation and it must fix any problem invented and not understood by man.
      - the theory should accomplish man's every desire and it must make it reality, by letting man have the means to build or accomplish anything he or she may want.
      - the theory must answer every question asked by a being, even what happens after death and explain how ascension is possible (the rainbow body).
      - and finally, the theory must exist and not in the same time, just as it was told in all stories and riddles invented by everyone so far in our collective recorded story (not his-story, but our collective story)
      From my 3 points of view what all people on this Earth neglected is LOVE! Man has came up with simplistic forms of representation like Pythagoras an Fibonacci, after which he reasoned, that he can't crack the code like that so man ventured in complicated explanations, in the same time losing itself in the division (cube reality view) process of though. So we have built particle accelerators to observe the small, finally reaching a limit, that we called the plank. Understanding we can never go beyond the singularity we ventured in the macro, by building telescopes and started to discover huge planets, spaces, stars, black holes and galaxies, observing, that all is connected like a web. Never being able to decode the micro and macro, we have lost ourselves between the two limit-boundaries, that we called nothing and infinity.
      Einstein came along and presented us with a simple representation form, funnily enough explaining energy. Energy means movement or disturbance in a field so mankind has gave in to this stupidity, loosing itself in the power-struggle, just as the equation represents. Since man is the pentagram (head, 2 arms, 2 legs), mankind (science) has lost himself in the division process of self, that in it's simplest form can be written as follows:
      5/2=2.5/2=2.5/2=2.5/2=2.5/2=2.5/2=....... to infinity, until we reach the big RIP of self and so the Universe.
      Since we have forced our minds to view everything as energy, we have built the LHC (huge power to access small understanding) and we even attributed the name "Dark expansion Force" to the observation of the acceleration of the Universe. Dark to my understanding means something bad, validated by the statement above, which is the division trap. Ever wondered why we keep saying thinking out of the box and not some other geometrical form? The box is the cube reality view, that is keeping us locked from ourselves (understanding) with 90 degree angles, just as we have built up the world, present in water pipe angle turns, most of our buildings and design structures. Unfortunately, once trapped in this lock, there is no way, man can escape it, since "science" alone has been the best tool, in explaining everything so far and we can even use it to measure and build technology with it, that we use in our daily life, never paying attention to how it may affect us. Since all devices and inventions came from this reality view, they are also a product of the same thought process keeping us even more locked away in the box.
      The real Theory of Everything must have an emotional impact also, since man is not based on just logic, but also emotions! Logic is a product of understanding, while emotions are a product of imagination. Like it has been said by Kabbalists, GOD created man to experience boundless fun and joy, without any limitation (infinity). How can we achieve this task? Let me say this. In the beginning there was nothing, not even space or anything, that can be understood, what commonly we refer to as the VOID. Since God created existence, God became existence itself and so every form of life possible in the Universe. Throughout evolution we arrived at this state, where Humans were created and reached a level of understanding, where, by looking into the water, man recognized himself, meaning man is the only being capable of consciously being aware of his existence. Creation was a dangerous game, since in order for God to make all this we see reality, it must gave himself completely away, by becoming it (the point), in the process loosing everything, even the though of creation and all the blueprint, that led reality in this state. So we can state, that God was a form of existence, that we can never be able to reason. God, before becoming everything and all reality, God has thought out all Creation, after which God realized, that the only way to make it possible is by giving himself completely away to it, drawing the fact, that God will lose everything, even the theory, which led him here (since the only "LEGO pieces" God had available to use in the VOID, was only and only the though, which from our understanding is information). Man, since it is capable of reason, man has the monumental task to realize how he came here, and in the process of cracking the though source-code, man will realize, that he is really God, and God is present in every detail throughout all reality. This is why none were capable of getting to TTOE, since none has the courage of stating, that he or she is God, drawing the fact, that God is also everything, that we observe.
      Technology is doing the thinking for us, while we get dumber and dumber, even forgetting to calculate and do everything in our minds. This is why analog has always conquered digital, since analog is continuous and digital is quantization of information.
      I have uploaded the real TOE on my UA-cam channel as slides and interactive presentation, where i have added, not just good, but also evil phrases, so the reader can understand, that fear and pain is preventing him to decode and understand it all. One to realize the truth it must have in sight not just light, but also dark forces, meaning in order to get somewhere, we must realize not just the good, but also the bad, that the good draws with it.
      THEORY (reality) document LINK: ua-cam.com/video/UBxKXQ8luEI/v-deo.html
      I state, that I can answer, EVERY question mankind has, even all technology, psychology or any other field of interest to anyone no matter of the nature of the question
      Also there are in total 119 elements on the full periodic table.
      The laws of nature change with the common belief system. (Riemann zeta function - key to [mind] - the Door to Heaven - imagination color axis - unleash the furry behind the trivial 0 D00Rs)
      !!!UNLEASH THE FURRY OF THE PRIME CREATOR!!!! (0|0) THis is real!

    • @whoshotya117
      @whoshotya117 4 роки тому +1

      @@Hermetics All I could think of near the end was the tree of knowledge and the devil telling eve basically what you told us, that wr are God and all of what you're saying is..."knowledge", did you get it from the tree? The dark one? Also, you would be a fan of polarization nation media/gnostic reclamation. He too, has a "unified code theory" of everything, the universe telling story throughout all of media and entertainment all tied together.

  • @shrinkyface8343
    @shrinkyface8343 5 років тому +1

    @chris Anderson, I am your biggest fan. Thank you for sharing..

  • @toomaskotkas4467
    @toomaskotkas4467 9 років тому +26

    In May 2009, Simons was questioned by investors regarding the pattern of losses in a Renaissance fund owned by outside investors while the investments held by Simons and fund associates (Medallion fund, a separate fund that only contains the personal money of the firm's executives) enjoyed enormous gains in value.

  • @digambaradsul6376
    @digambaradsul6376 2 роки тому +1

    There should be a movie on him. Tom hardy could play the role with ease . Lots of love from 🇮🇳👏🏻

  • @lordofh3
    @lordofh3 8 років тому +69

    the interviewer needs to shut his mouth more and let Mr. Jim Simons more freely explain what he is asked about.

  • @johnpinckney7269
    @johnpinckney7269 Рік тому +1

    Dr. James Tour has some great videos on the origin of life. There are immense synthetic chemistry problems there.

  • @gorkoistinovic6615
    @gorkoistinovic6615 7 років тому +114

    True story: A Brazilian man invested $400 in Microsoft in 1987. His return was 12,100% by 1997, of $48,800. He sold MSFT shares and bought Apple shares simply because Steve Jobs returned to Apple. He sold Apple shares in 2012 and made 11,000% on $48,800, his then had $5,4 million. And guess what, he bought Tesla shares and still owns them... since than Tesla went up 900%. This guy made $54 million from $400 invested 30 years ago. I think this man is the greatest investor of all time. He never paid any taxes, because he is a resident of Turks and Caicos since 1995, he married there and now operates a hotel there. But he made 54 million from $400. That is just unbelievable.

    • @LuanaVasco88
      @LuanaVasco88 7 років тому +7

      Gorko Istinovic what’s his name?

    • @mrbale1815
      @mrbale1815 6 років тому +4

      Gorko Istinovic he bought some shitaltcoin recently

    • @drkInxgud
      @drkInxgud 6 років тому +16

      if you know any statistics you would know that it is guaranteed to have some proportion of the population who participate in stock market to achieve this kind of return. but at the same time, there are LOADS of people who lose their money by making decisions like this. what this man and most hedge fund look for is RISK ADJUSTED return. not some probability of astronomical return with a probability of 0.001%.

    • @Darryldlowe
      @Darryldlowe 6 років тому

      Dapper Don yeah right

    • @chrisnorth5595
      @chrisnorth5595 6 років тому +3

      Dapper Don. That's nothing. Crypto market was incredibly volatile in a bullish way from new hype that came in, so even people with no idea on investing could chuck in $50 and come out with 1k in no time..

  • @IvanOfficial01
    @IvanOfficial01 9 років тому +10

    This guy is inspiring!

    • @SPUNGEAYYY
      @SPUNGEAYYY 9 років тому

      +JellyBeanDean FIRST TO LIKE YOUR COMMENT

    • @jonah5970
      @jonah5970 9 років тому +2

      +Goku AKA Kakarot First to dislike yours!

    • @SPUNGEAYYY
      @SPUNGEAYYY 9 років тому +1

      +BotBros :D

  • @rudypilotto
    @rudypilotto 5 років тому +30

    When I hear about philanthropic actions that include paying teachers more I feel demoralised. I agree that teachers should be rewarded for their efforts, and they should not have to take on extra jobs just to live. But when a Billionaire decides to step in and do something to help secure the future of the nations children I tells me that state and federal governments are failing.

    • @superflytnt
      @superflytnt 5 років тому +1

      Rudy Pilotto Naw. It just means that he values an hour of a teacher's time more than the rest.

    • @BruceMagnus
      @BruceMagnus 5 років тому +8

      There's a huge difference between a billionaire voluntary giving money to causes he believes in and the government forcing people who don't have billions to give them your money without your consent.
      State and federal governments need to do less and pay off the trillions in debt that they racked up through blatant disregard for the money they took.

    • @UserHuge
      @UserHuge 5 років тому

      @@superflytnt but can you say that in case many citizens don't think about that valuation?

  • @idesofmarchUNIAEA
    @idesofmarchUNIAEA 5 років тому

    This guy should be making videos, that should be distributed in every public school in the United States. He says things Concisely, with no buzzwords. You remind me of my cousin and all of my uncles when I was a kid when they explain things to me.
    12:00 What a novel idea? Hiring people for their merit, as opposed to using other metrics.

  • @49fiori
    @49fiori 9 років тому +21

    It is amazing that such an intelligent person as Simons got into Wall Street and convinced himself and his investors that investing into companies is a mathematical equation and should be an automated procedure executed by computers. When you think about it how ridiculous it is you immediately conclude on simple thing; if you want intelligent people do crazy things it takes money and religion.

    • @bighands69
      @bighands69 5 років тому +6

      Wall Street is full of mathematicians who have failed miserably and some of them are the most intelligent people in the world.
      One guy made it is not an example or argument of mathematics in investment. I have seen people with Zero mathematical ability make money.

    • @KeljuIvan
      @KeljuIvan 5 років тому +1

      Well, he didn't go into details, but apparently it worked. I guess they realized that things like heat waves will affect certain farm produce and then knew to buy the correct commodities or stock. It wasn't just technical analysis, but it also had fundamentals included. He mentioned that it worked at that point, but apparently as the methods became mainstream the edge was lost.

  • @kemparaj565
    @kemparaj565 4 роки тому +1

    Great mind and must take his lessons and adapt to our lives. Live better and Share.

  • @4EverDubin
    @4EverDubin 9 років тому +156

    mathematicians don't care for audiences.

    • @TheLivirus
      @TheLivirus 7 років тому +9

      I think they do, but the audience is small, and a tad eccentric.

    • @rogerdiogo6893
      @rogerdiogo6893 7 років тому +8

      Another eccentric that does not wear socks...

    • @mugnuz
      @mugnuz 7 років тому +4

      he wears those that help his blood pressure... ;P

    •  5 років тому +2

      Using the powerful knowledge provided by math to become millionaire in financial markets is not noble, sorry!

    • @rickyrules1
      @rickyrules1 4 роки тому +3

      @ whats wrong with it

  • @JLH1956
    @JLH1956 5 років тому +1

    Good interview. I don't agree because of Spiritual beliefs on the beginning, but I think this man has a great mind. I did understand what he did with the "wall street" system, and think it makes sense, but then I don't have the team of mathematicians he had. I enjoyed this interview.

    • @cj3720
      @cj3720 Рік тому

      Hint: When your “beliefs” run counter to proven fact, stay in the fact world. It keeps you from falling off cliffs you refuse to believe exist.

  • @KP-dd2ci
    @KP-dd2ci 7 років тому +41

    Interviewer wasn't as bad as everyone is bitching about. He moved the conversation along and had to cover a lot of topics.

  • @SG-zh5xd
    @SG-zh5xd Рік тому +1

    M.I.T students went into Vegas and cracked the Black Jack odds, you get the top of the top you can do unusual things that involves mathematical models .

  • @upgrade1583
    @upgrade1583 6 років тому +5

    The rules of physics are equally applied to everything at every scale, so if he's right of course he'll be right across other fields

  • @FahimAbrar.
    @FahimAbrar. Рік тому

    I love this gentleman.

  • @khalidalzayani7072
    @khalidalzayani7072 6 років тому +7

    I am an Engineer that worked as modeler for nearly 20 in many industries...I got fired as well when i mentioned that everything is predictable (Time Series )
    Jim Simons ... know very well how, he wont mention how...which is great!!

    • @Booklivre
      @Booklivre 5 років тому

      Please mention how !

    • @No_BS_policy
      @No_BS_policy 3 роки тому

      Predictable? Get off your high horse. Even Simons was right only 50% of the time he'd been trading. Time series analysis is flawed.

  • @lehutjomaja1173
    @lehutjomaja1173 5 років тому

    I really don't how could people dislikes this revolutionarist. God bless

  • @agoglo
    @agoglo 4 роки тому +183

    Classic case when a big mind is interviewed by a small one. The small one wants to do the talk.

    • @englishlongbows9014
      @englishlongbows9014 3 роки тому +7

      another great comment

    • @elliottmyers1854
      @elliottmyers1854 3 роки тому +1

      Stfu

    • @LightHumor99
      @LightHumor99 3 роки тому +21

      Dude, the interviewer is a reputed physicist himself. You dont know what you are talking about.

    • @thebeautifulanimal
      @thebeautifulanimal 3 роки тому +7

      That's why we are commenting here rather than interviewing an Tedx speaker.

    • @wszacz200
      @wszacz200 8 місяців тому

      ​@@LightHumor99 " (Chris) Anderson initially studied physics before changing to philosophy, politics and economics, and graduated in 1978." - Wikipedia
      Being reputed in physics is also a very big word.

  • @martianhaze9750
    @martianhaze9750 3 роки тому

    Best TED talk ever.

    • @SailorGerry
      @SailorGerry 6 місяців тому

      This is an excellent TED talk and very interesting, nevertheless, regret to inform you, it is certainly NOT the 'best'...

  • @sagarpatel510
    @sagarpatel510 5 років тому +3

    The way this man looks, talks, his attitude and his response to questions totally reminds me of Greg Popovich both incredible minds 🤔

  • @omaraziz1299
    @omaraziz1299 4 місяці тому

    Really inspirational guy.

  • @TradingCoachOli
    @TradingCoachOli 5 років тому +27

    They should chose people with knowledge to interview experts

    • @laykefindley6604
      @laykefindley6604 4 роки тому +3

      Often people without expert knowledge are the ones that ask the right questions to help non experts learn what the expert knows.

    • @TradingCoachOli
      @TradingCoachOli 4 роки тому

      Layke Findley sure ...

    • @laykefindley6604
      @laykefindley6604 4 роки тому

      @@TradingCoachOli So strange to have people view the situation entirely different, no?

    • @TradingCoachOli
      @TradingCoachOli 4 роки тому

      @@laykefindley6604 To me it is annoying, if someone ignores the guest

    • @laykefindley6604
      @laykefindley6604 4 роки тому +1

      @@TradingCoachOli Sure, not arguing that. The only thing I can think to say to change the perspective a little is to consider who is really the guest? The man, or the audience?

  • @rakeshtanwar2954
    @rakeshtanwar2954 Рік тому +1

    Great personality... 👍👍🙏

  • @JohnHlavaty
    @JohnHlavaty 8 років тому +14

    A truly extraordinary man. For reasons that obviously include a curiousity for mathemathical relationships between and within objects, phenomenon, and data his complex intelligence uncovered patterns that eventually gave him the tools of mathematics and with that the ability to decern patterns in the stock market, which made him a very wealthy man. However, unlike the small cabal of men who have used their wealth to acquire unconscionable power with the ability to impose their beliefs on the masses, this man has remained loyal to the fundamental realities that make life worth living. He worships his wife, uses his wealth to assist a large number of young people who will enter a labor force in which math and science are essential tools to find any form of employment.
    Since my high school experiences with math were abysmal and that affected my choices in the courses I could take in college and that affected my working life, I cannot think of anything more important in our educational system than ensuring that we train and retain a large group of mathematicians who know how to teach this essential core subject.
    BTW, I returned to school many years later determined to learn math. After enduring two apathetic and half-assed math instructors, I lucked-out and found an instructor with the intelligence to comprehend that not everyone learns by rote memory. In my case, I needed to visualize some of these complex equations in a certain way. This man immediately understood my divergent thinking and added that to his pedagogy. Obviously, there exists a fairly large large group of divergent thinkers in the world, because this adjustment in his teaching changed the energy during his classes. At first, I thought that I was projecting my change in energy from struggling and frustration to one of understanding. Out of curiosity, I spoke with several people in the class and they all agreed that something had changed and they now understood the significance of the equations and proofs.
    While I am not by any stretch of the imagination a mathematician, I have learned enough to eventually understand some very complex math. More importantly, I can apply my still limited knowledge of math to my profession.
    Indeed, I now believe that the most of the real world can be understood with math.
    That's my reason for writing this comment. We must encourage the training of math teachers with a pedagogy that teaches even those children without the natural talent for math. Their futures depend on it.

    • @2oldn2slow
      @2oldn2slow 6 років тому

      The key to understanding Maths (yes its a plural!) is language & words. Consistency of descriptive words is key. I taught myself by normalising mathematics text books into consistent language first.
      If you don't believe me think how hard it would be to teach someone maths without using words!

  • @falconeagle3655
    @falconeagle3655 4 місяці тому

    Jim Simmons seems also to create the mathematical framework for string theory. What a wonderful career he had.

  • @Kolinu2
    @Kolinu2 9 років тому +14

    A disappointingly short interview with Jim Simons; a man who has a very interesting life, is very knowledgeable and clearly has a lot of intelligent things to say.

  • @benjaminikuesan1638
    @benjaminikuesan1638 2 роки тому

    What a fantastic presentation

  • @SquareOff
    @SquareOff 7 років тому +20

    If you are watching this video to know about Renaissance jump to 8:36

  • @evChDev
    @evChDev 3 роки тому +1

    This dude is awesome. Putting all that money into schools. He rocks

  • @ShonTolliverMusic
    @ShonTolliverMusic 5 років тому +4

    Damn I wish I had a grandfather. I'd ask and listen to all his life's stories and soak him all up.

    • @mrjutha
      @mrjutha 4 роки тому +1

      You can adopt one. I am sure there are plenty of old people around desperate for some company whom may be thinking:"Damn, I wish my grandson would come and visit me once more."

  • @rksq6009
    @rksq6009 4 роки тому

    1:39 He is so ruthless! How come he said to the one of the greatest mathmatician of all histoy like that!

  • @complexlogic8634
    @complexlogic8634 8 років тому +70

    Next time they should have someone who at least took some basic statistics in college to do the interview...

  • @jameswu2351
    @jameswu2351 10 місяців тому +1

    I wish the interviewer would just let the amazing man just speak his mind instead of always forcing a certain direction.

  • @noel2577
    @noel2577 5 років тому +9

    6:21 if you find this stuff interesting, it comes from a branch of mathematics (combinatorics to be precise) called Graph Theory. In fact, you'll do the very exact proof of "Euler's formula" (vertices - edges +faces = 2) in that class too ;)

    • @90deltaderivatives35
      @90deltaderivatives35 5 років тому

      Rafid Chowdhury Was just learning this from Robert Edward Grant!

  • @reeko3100
    @reeko3100 9 років тому +1

    Commodities do trend so does technology stocks its good to hear from a guy who was a pioneer to this approach and staying ahead the market just by having fun with NUMBERS

  • @stuff2008
    @stuff2008 Рік тому +6

    Did anyone else hear "we bought out the investors; because there is a capacity to the market". When you are so rich and have so much money you buy out the investors because the market is running out of space for your investments.

  • @dannyp7424
    @dannyp7424 2 роки тому

    inspired to have an actual idea from this ted talk thanks Jim really inspired me today.

  • @yakkyuu12
    @yakkyuu12 6 років тому +3

    What a GENERIC talk on Simons part, the interviewer does not help! But, Simon really tells you nothing specific on how he made money, at this moment the high speed traders are NOW chewing on each other. Simons, speaks nothing how how he made MOST his money on the short side and how his profits rely mostly on speed and how fast he can scalp, BUT, that has changed significantly, which is WHY he is OUT of the market, His SPEED ALGO trading EDGE is GONE, as, others have entered that and DID eat his lunch!!. So much for being a great investor, his edge that he REALLY relied, NOT his knowledge of markets and where the best FUTURE investment would be, NEVER existed! The ALGO companies chewing on each other!!

    • @millenialmusings8451
      @millenialmusings8451 2 роки тому +1

      I guess that’s the difference between him and warren buffet

  • @JohnnyTHolland
    @JohnnyTHolland 3 роки тому

    Good interview and fascinating interview by Chris Anderson. Sorry to the chap(s) below if he happens to be English !

  • @maniksahdev4292
    @maniksahdev4292 6 місяців тому +3

    RIP to the real og of the markets.

  • @Irzani938
    @Irzani938 6 років тому

    well..
    im watching fundamental analysis on stocks..
    but it brought me here.
    love this guy talking.

  • @yongh5521
    @yongh5521 6 років тому +4

    Haha surprised to find that quite like my style. Although the interviewer sometimes interrupted, but actually he did address the key trends and guided the direction. Both did good job.

  • @exas4791
    @exas4791 Рік тому

    Given time constraints, it was good that the interviewer clarified the gists of what the interviewee said by asking summarising questions which facilitate understanding of audiences unfamiliar with scientific and financial concepts.

  • @TheMerryPrangster
    @TheMerryPrangster 8 років тому +52

    He actually dresses quite stylish for his age.

    • @peterkoch4515
      @peterkoch4515 8 років тому +3

      I agree. He looks quite dapper.

    • @jayrama8769
      @jayrama8769 7 років тому +1

      yea except for the capri's... those are meant for women

    • @dubbled7286
      @dubbled7286 4 роки тому

      A man his age really should be wearing socks. I don’t care how smart he is.

  • @decembersunita
    @decembersunita Рік тому

    Wow wonderful interview 😇

  • @unlimited1652
    @unlimited1652 9 років тому +7

    TED Talks: If Sean Connery was a mathematician.

  • @900102xy
    @900102xy 3 роки тому +1

    Jim Simons is a very inspiring man.

  • @nabeelrizvi3451
    @nabeelrizvi3451 5 років тому +4

    jeez! LET HIM TALK !

  • @1MinuteFascination
    @1MinuteFascination 5 років тому

    The speakers should have access to audience questions. TED should look at providing this opportunity, so the audience can direct the guest to answer questions that interest the audience.