The BEST Trader In History - Legend Jim Simons - Strategy/Style/Story

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  • Опубліковано 21 лис 2024

КОМЕНТАРІ • 180

  • @carolynrose1816
    @carolynrose1816 Рік тому +103

    I'm starting to believe whoever seeks finds. This is definitely one of the most valuable videos on UA-cam teaching this subject ! It really made no sense to me when he said ''It doesn't matter whether I'm right or wrong, whether the market goes up and down. I'm good regardless''. People are really losing a sh*t ton of money out here. I personally have been buying stocks since the beginning of the year and yet nothing's changed, but I've been reading articles of people still in the same market pulling off over 350k in just a couple months. Its tough out here!

    • @devereauxjnr
      @devereauxjnr Рік тому +2

      Sometimes, the strategies to stay on constant green in a downturn markets are quite rigorous for the regular-Joe. Matter of fact, they are most successfully carried out by experts who have had a great deal of skillset/knowledge of the market. Maybe you should hire one.

    • @Tsunaniis-j5l
      @Tsunaniis-j5l Рік тому +1

      @@devereauxjnr Agreed! I first contacted a Financial Analyst because these days, it's easy to buy into trending stocks, but the task is knowing when to sell or keep. That's where my manager comes in, to help me with entry and exit points in the industries I'm engaged in. I’m currently 60% up in profits just in 5months with my initial capital of $160k

    • @DreamweaverShade-h9p
      @DreamweaverShade-h9p Рік тому +2

      @@Tsunaniis-j5l Please can you leave the info on how to reach your investment advisor here? I’m in dire need for one.

    • @Tsunaniis-j5l
      @Tsunaniis-j5l Рік тому +3

      @@DreamweaverShade-h9p Sure. NICOLE DESIREE SIMON, a well-known person in her field, is my advisor. I got to know her through my wife. It's my wife that has her number, but you could further investigate her credentials and contact her yourself.

    • @DreamweaverShade-h9p
      @DreamweaverShade-h9p Рік тому

      @@Tsunaniis-j5l Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

  • @VictorVelez-p8e
    @VictorVelez-p8e Рік тому +6

    ive read that book. absolutly amazing story. that guy is built different. I just wish the strategy is revealed .

  • @davidOmoL
    @davidOmoL Рік тому +113

    Best advice I ever got was, "Invest For The Long Haul, Don't Get Too Greedy And Don't Get Too Scared. The biggest risk of all is not taking one"

    • @toralayous8500
      @toralayous8500 Рік тому

      Having monitored my port_folio performance which has made a jaw dropping $370k from two quarters alone, I've understood why experienced investors make enormous returns from the market

    • @lampwhite8855
      @lampwhite8855 Рік тому

      @@toralayous8500 Interesting, I have a lump sum doing absolutely nothing at all in my bank account, I wanna get something started with it. You seem to be doing excellent for yourself. Do you trade on your own?

    • @toralayous8500
      @toralayous8500 Рік тому

      I trade with Expert Denise Mitchell, A FINRA regulated broker. Met her sometime early last year at a startup funding event. She had some interesting things to say about the state of algorithmic trading today. Very obviously, it's reflecting on my portfolio

    • @toralayous8500
      @toralayous8500 Рік тому

      I earn over $10,650 weekly and often time more. It really does depend on your Capital and I only send her a commission of 20% after I have made my profit withdrawer. She doesn't demand for a service charge either.

    • @khamablaze4459
      @khamablaze4459 Рік тому

      Nobody became a millionaire or billionaire by working for others and depending on them. Good investment is what brings unprecedented Fortune

  • @Bubs0271
    @Bubs0271 Рік тому +13

    Gareth, you are the man. Out of all the investment/trading youtube channels I have discovered, you have the most worthwhile videos available.

  • @greenquake11931
    @greenquake11931 Рік тому +332

    After a nightmarish 2022, shell-shocked investors have losses to recoup and plenty to ponder, as an inflation report and a raft of other data did little to change expectations that the Federal Reserve would likely continue hiking interest rates even if the economy slows down, Which means more red ink for portfolios for the first quarter of year 2023. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $250k bond/stock portfolio.

    • @mayacho4910
      @mayacho4910 Рік тому

      Focus on two key objectives. First, stay protected by learning when to sell stocks to cut losses and capture profits. Second, prepare to profit when the market turns around.

    • @mariahhayes5089
      @mariahhayes5089 Рік тому

      I'm sure the idea of a Investment Adviser might sound controversial to a few, but a new study by investo-pedia found out that demand for Asset-Managers sky-rocketed by over 41.8% since the last year and based on firsthand encounter I can say for certain their skillsets are topnotch. I've raised over $580k within 18months from an initially stagnant portfolio worth $150K which was devoid of dividend stocks.

    • @greenquake11931
      @greenquake11931 Рік тому

      @@mariahhayes5089 Please can you leave the info of your investment advisor here? I’m in dire need for one.

    • @mariahhayes5089
      @mariahhayes5089 Рік тому

      @@greenquake11931 My consultant is 'MARGARET ANN WARNKEN", She has since provided entry and exit points on the securities I focus on. You can look her up online if you care for supervision. I basically follow her trade pattern and haven’t regretted doing so.

    • @stellamoore720
      @stellamoore720 Рік тому

      Stick with a good company by either not selling when it’s going lower and/or buying more at that time.

  • @nomcognom2332
    @nomcognom2332 Рік тому +18

    His style is technical analysis, from a binominal point of view between technical and fundamental, since he uses prices to trade but it takes it to a whole new level of complexity and efficiency.

    • @williamkz
      @williamkz Рік тому +6

      Exactly. Fundamental analysis can be both a hindrance and a help. The only fundamental that actually counts for anything is the current price of any security. (Unless you're Warren Buffett.)

  • @patriciacarlos
    @patriciacarlos Рік тому +228

    Roughly £120k in my portfolio are in tech/TSLA stocks, can I get an advice on any other stocks that I can acquire to diversify my reserve across multiple markets while creating a comprehensive portfolio allocation that balances my concerns of risk aversion and returns that meet yearly inflation.

    • @kollykolly
      @kollykolly Рік тому +3

      @@davidjackson4437 That's correct. At first, I wasn't too pleased with my gains compared to my previous performances, I was doing so poorly, I thought I needed to diversify into better assets, so I got in touch with an investment-advisor. That same year, I pulled a net gain of £550k, which is about 10 times more than I average on.

    • @stellaadams593
      @stellaadams593 Рік тому +3

      @@kollykolly My portfolio has been in the gutter for the entire year, so I started researching new ways to profit in the market, but everything I tried just seemed to miss the mark. Please let us know the name of your financial advisor

    • @kollykolly
      @kollykolly Рік тому +3

      @@stellaadams593 Having a counselor is essential for portfolio diversification. My advisor is "Tenley Megan Amerson" who is easily searchable and has extensive knowledge of the financial markets.

    • @johnterry3109
      @johnterry3109 Рік тому +3

      @@kollykolly Thanks for this tip. Her website popped up on the first page immediately I searched Tenley’s name, I read through her resume and it seems pretty tight. So, I dropped a message & hopefully she replies soon.

    • @marlo8456
      @marlo8456 5 місяців тому

      These bots are hilarious 😂

  • @gf5050
    @gf5050 Рік тому +1

    ive read that book. absolutly amazing story. that guy is built different

  • @finiteloops8610
    @finiteloops8610 Рік тому +4

    Wonderful head spinning video. I sent the link to my brother, a London School of Economics grad, who insists that the markets are utterly random. Like your other excellent videos, this one is also elegant, fun, and readily understandable. Thanks so much for all the hard work Gareth!

  • @pyrotechnick420
    @pyrotechnick420 6 місяців тому +1

    I've been reading The Man Who Solved the Market for a bit now it's super interesting

  • @williamkz
    @williamkz Рік тому +14

    Thanks Gareth. Very thought provoking. One of your best. I do wish we'd been taught math better at school! Without math, there's always going to be a gap between our aspirations and our achievements. Another lesson is that, however good you are, you can usually benefit from a partner who sees things slightly differently - someone who can add a new dimension to the process.

    • @FinancialWisdom
      @FinancialWisdom  Рік тому +3

      Completely agree. Buffet Munger a fine example

    • @williamkz
      @williamkz Рік тому

      @@FinancialWisdom I was thinking of them! Munger of course was primarily a mathematician.

  • @FinancialWisdom
    @FinancialWisdom  Рік тому +2

    My Brokerage Account (Interactive Brokers) - bit.ly/3UGvn1U
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    Stockopedia 25% Discount - bit.ly/2YIcAIn
    Trading Simulator - www.financialwisdomtv.com/shop

  • @essaivideos
    @essaivideos Рік тому +3

    As usual, liked first and watched afterwards... That much trust I've on this channel 🤩

  • @pranjayarora8115
    @pranjayarora8115 Рік тому +2

    MEAN REVERSION BUY UPTREND AFTER ASSET HIT SUPPORT 💪

  • @Jcrusadr
    @Jcrusadr Рік тому +2

    I heard a lot of people made a lot of $ with the Medallion fund... Good story.

  • @Andy-mq6fn
    @Andy-mq6fn Рік тому +2

    what an interesting video - just proves that statistical analysis can find profit in a market giving random outcomes - mininscul edge but powerful profit

    • @daviddaws3521
      @daviddaws3521 Рік тому

      The outcomes on a trade by trade basis are random. However, over a series of trades the outcome is consistent. That is because they found their edge in the markets through patterns that continually repeat themselves.

    • @AnthonyBerlin
      @AnthonyBerlin 11 місяців тому

      ​​​@@daviddaws3521Random in statistics is just referring to the uncertainty term of the stochastic process. It doesn't refer to a universal random number generator. It is called random because we don't know the next value of that term for sure (although we usually have a good idea of its probability distribution). But that doesn't mean that the data is all uncertain. You can still model it. It has non-random properties.

  • @tomdonovan4842
    @tomdonovan4842 6 місяців тому

    Insightful and enlightening thank you

  • @mitchellshouldice5790
    @mitchellshouldice5790 Рік тому +1

    read that book this summer. loved it. love your channel too. thx for everything!

  • @Elaba_
    @Elaba_ Рік тому

    Give this Simons guy a chance. I am sure he’ll make it.

  • @bustopgamer5802
    @bustopgamer5802 Рік тому

    Great job explaining graphically.

  • @petergeddesrensen6567
    @petergeddesrensen6567 Рік тому +2

    Maths and stats are the keys to consistent profits

    • @FinancialWisdom
      @FinancialWisdom  Рік тому +1

      I agree, as well as the right mindset

    • @AnthonyBerlin
      @AnthonyBerlin 11 місяців тому

      And the right research process. Most people make huge mistakes when it comes to that part (introducing all kinds of biases and errors without being aware of it). People should study the scientific method and stick to it. This, which innevitably includes using stats and probability theory, is the key.

  • @hariskk4916
    @hariskk4916 2 місяці тому

    thank you somuch GOD bless you

  • @hannahwidder1784
    @hannahwidder1784 Рік тому +22

    To be successful in markets, traders should understand the crossover between asset classes & liquidity flow, Mrs. Julia David focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. Her skills set is top notch.

    • @henrysimon7213
      @henrysimon7213 Рік тому

      Wow, amazing to see others who trade with Mrs. Julia David, I'm currently on my 5th trade with her and my portfolio has grown tremendously.

    • @michaelparas1499
      @michaelparas1499 Рік тому

      Mrs. Julia changed my life because of the high profits I got from investing with her.

    • @marklingard7705
      @marklingard7705 Рік тому

      Please how can I contact this woman Julia David? I will also like to invest with her

    • @hannahwidder1784
      @hannahwidder1784 Рік тому

      She has her official telegram account, will leave the user name below

    • @hannahwidder1784
      @hannahwidder1784 Рік тому

      *investwithjuliadavid1*

  • @quangminhnguyenle5081
    @quangminhnguyenle5081 Рік тому +3

    Hope you make more video about Quant!

  • @priyankardas29
    @priyankardas29 Рік тому +6

    I just wish the strategy is revealed 😵🤯😵‍💫

    • @FinancialWisdom
      @FinancialWisdom  Рік тому

      I tried 😪

    • @fingerscrossed2453
      @fingerscrossed2453 Рік тому

      Yeah it seems a video about his actions - not what actually made him money ...

    • @mbuhhh3605
      @mbuhhh3605 Рік тому +1

      His systems search for anomaly, or in statistic or math it is called deviation, then exploit it
      Simply put, it is like a trader who use bollinger or std, it's just he take this on a whole another level, but the basic is the same, compile all the normals, and what deviates from those, exploit the deviation because all these deviations will return to normal and vice versa, it's cyclycal

  • @tusharm7451
    @tusharm7451 Рік тому +2

    Do do know where these guys had published there research papers?

  • @MindMasterystream
    @MindMasterystream 3 місяці тому +1

    I should find his book

  • @jameswashington5774
    @jameswashington5774 Рік тому +1

    I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $100k. Somehow this video has helped shed light on some things, but I'm confused, I'm a newbie and I'm open to ideas.

    • @lorenzomizushal3980
      @lorenzomizushal3980 Рік тому

      That guy was probably a fraud and everyone down this comment chain are bots and advertising fraud shit.

  • @S_P420
    @S_P420 Рік тому +1

    I will be once the one talked about in your video🥂

  • @ymograbi1792
    @ymograbi1792 Рік тому +3

    I wish i could learn and work with him even without salary 😅

    • @sebfox2194
      @sebfox2194 Рік тому

      You can. You just need advanced maths skills and qualifications.

  • @pfdoran
    @pfdoran Рік тому +1

    At 1:31 you state that if $10,000 was put in ^IXIC in 1987 it would have grown to $25,000,000. Am I missing something, as the Nasdaq has moved 5,330% (making the investment worth around half a million). Where did the $25,000,000 come from?

  • @Dohrnii455
    @Dohrnii455 Місяць тому +1

    @financialwisdom there is a man called Harshad Mehta who was the biggest trader in India who became the richest man in India in just a few years, pls make a video on him

  • @investorkidbycoachsiang3223
    @investorkidbycoachsiang3223 7 місяців тому +1

    Thanks

  • @ilovedbfz3186
    @ilovedbfz3186 Рік тому +1

    I love this channel so much man.😭❤️

  • @laceeandrews4
    @laceeandrews4 Рік тому +177

    Thank you for your video. The market seems to be bouncing back but a lot of people lost huge sums already. I Will advice traders especially newbies to have orientation of trading before they get involved in it because the Crypto market has been unstable, forget predictions and start making good profit now because future valuations are all guesses. I must say trading offers more benefits than just holding and i have made over 19btc from day trading with Florence Osborn insights and signals in less than 3 weeks

  • @sakjdh
    @sakjdh Рік тому +1

    You can learn mathematician economy, but not necessarily the other way around.

  • @jamaludinlajis
    @jamaludinlajis Рік тому +1

    Thanks

  • @7rang.
    @7rang. Рік тому +1

    Thank you

  • @joeyf504327
    @joeyf504327 Рік тому +3

    Wow, he was able to build one of the best funds in the world and then closed it off to outsiders.

  • @dawidkowalewski449
    @dawidkowalewski449 Рік тому

    In the last sentence is said take small profits and compund them and than is said to have good risk reward ratio?
    Can you explain it how to use it in daytrading for example?
    And it is pleasure to watch your videos, keep going.

    • @cristianandrei5462
      @cristianandrei5462 Рік тому +1

      It seems that is hard to make anything on the more short term timeframe in the current market. When Simons started there were other times, and competition for this opportunities was weak. Now you have to complete with a lot of high frequency traders, quants and arbitrage traders, and of course they're not primitive like in that times, they have computer models similar if not better than Simons had, so I'll say there's little room to find an opportunity for short term trades in the current market.

    • @TaejonTycoon
      @TaejonTycoon Рік тому

      You can actually do both. I think Simons is referring to opportunity cost.
      It’s easier to find 10 stocks that will go up 5% instead of waiting for one stock to go up 50%.
      The stock that goes of 50% may take 6months to achieve. But the 10 stocks that go up 5% may happen in one day or two weeks.
      So with doing the high turnover, you can most likely compound quicker. Assuming all things are equal.

  • @donniereidjr
    @donniereidjr Рік тому

    Amazing video.

  • @mohdaadil2142
    @mohdaadil2142 Рік тому +3

    Lovely you voice sir

  • @cagrikanik2403
    @cagrikanik2403 Рік тому +1

    He is my idol!

  • @TWN321
    @TWN321 Рік тому

    6:20, 9:15

  • @TruthSeekerAll
    @TruthSeekerAll Рік тому +1

    There are ways to use maths to generate a steady income from the markets every month. I just don’t know how. Those in the know are not telling it. I just wish Financial Wisdom will discover it one day and make a video on it. 😅😂

  • @carloschu7127
    @carloschu7127 Рік тому +1

    Sounds A.I going to be hot to trade the market.

  • @wanderingtravellerAB99
    @wanderingtravellerAB99 Рік тому +1

    Plural of casíno is...casinos, not casino's.

  • @michaeljordan-gi7iq
    @michaeljordan-gi7iq Рік тому +6

    ..Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals. you have to contend with inflation, recession, decisions from the Feds and all. I was able to increase my portfolio by $289k in months. You have to seek for help in the right places

    • @oliveranderson-tk6mg
      @oliveranderson-tk6mg Рік тому

      ..I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value

    • @JoachimWuermeling549
      @JoachimWuermeling549 Рік тому

      ​@@oliveranderson-tk6mg
      .This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant and everything changed. In in the first quarter of this year i made $370k and counting

    • @JuliaGillard968
      @JuliaGillard968 Рік тому

      ​@@JoachimWuermeling549
      please who is the expert guiding you? i have lost so much as a beginner🥺 investing into stock without a proper guidiance of an expert

    • @JuliaGillard968
      @JuliaGillard968 Рік тому

      ​@@Pablo45684 Thanks for sharing this, I just make a Rsearch on googled about the man you mentioned and after going through her resume, I can tell he's a pro. I wrote her and I'm waiting on her reply

    • @Pablo45684
      @Pablo45684 Рік тому

      In order to make profits from trading you need loads of experience and a well defined strategy, which most traders don't have. If you trade without the proper preparation, you're most likely to lose your money. Identify the buy/sell ratios and identify the market leaders and most importantly. Diversify! this will help you spread risk

  • @jasonluong3862
    @jasonluong3862 Рік тому

    So basically he looks for trends and patterns, and found the secret formula. Then other traders got wind of his secrets, and used the same tricks. This somehow changed the market so everything and everyone are back to square one. If this is true, then this mysterious market is rigged by some invisible hand, having some deterministic quality that is not necessarily immutable. What has Simons up to lately? Has he discovered a new system because he still makes billions?

    • @lorenzomizushal3980
      @lorenzomizushal3980 Рік тому

      I heard he went bankrupt from giving away too much of his money

    • @mbuhhh3605
      @mbuhhh3605 Рік тому

      He has retired. He never look for any patterns since he started using stats and math, he look for anomaly, or in math term it is called deviation, then exploit it, he look for this in all assets currently existing, simply put, he is primarily volatility based trader

  • @lorenzomizushal3980
    @lorenzomizushal3980 Рік тому +4

    I think Jim Simons was a good trader but Renaissance Technology is a better trader than Jim alone lol.

  • @altronauta
    @altronauta 6 місяців тому

    RIP 👼

  • @KurtFrei7
    @KurtFrei7 Рік тому +4

    °How can I get more profitable investment in the market? Is this pump shorts getting wrecked and liquidated, or any indication of whale, corporate treasury buys?

  • @JamesVannordstrand
    @JamesVannordstrand Рік тому +2

    I honestly thought you were going to talk about Nancy Palosi and her incredible trading record.

  • @dalisay5558
    @dalisay5558 Рік тому

    He put a lot of effort in trading by mathematics.

  • @picardjluk6897
    @picardjluk6897 2 місяці тому

    yikes looks to me like they build model that took from the 61,8 % traders since it mostly was about behavioral changes and profiting from people's habits. It wouldn't sit right with me I guess.

  • @Invest4Cashflow
    @Invest4Cashflow Рік тому

    I thought I am the best but looks like there is someone else

  • @alessavictoria
    @alessavictoria Рік тому +1

    medallion fund is a real life money glitch lol

  • @PsychiatricParfums
    @PsychiatricParfums Рік тому

    The rate of return is only 39% annually to the customer? How is this awesome? I just started 2 months ago and at that rate. People should just educate themselves and swing trade.

    • @lorenzomizushal3980
      @lorenzomizushal3980 Рік тому +1

      It might not be impressive if the account size is below 1 million but once you reach the billion dollar field it's hard to trade without affecting the market such that it adversely affects your bottom line. Their clients are probably big wallet types who need Ren Tech's ability to play the markets at a big size.

    • @mbuhhh3605
      @mbuhhh3605 Рік тому +1

      These Customers you refer, prefer almost nonexistent drawdown and healthy capital growth than massive return, because massive return means massive drawdown, unless luck is involved, but then again no investor would invest by considering luck

    • @AnthonyBerlin
      @AnthonyBerlin 11 місяців тому +2

      The fact that you started 2 months ago says it all, hehe.

  • @joachimlarsen1579
    @joachimlarsen1579 Рік тому +1

    I thought this was the swedish investor at first

  • @deevog
    @deevog Рік тому +2

    Nobody knows Jim Dimons strategy

  • @CandyLemon36
    @CandyLemon36 11 місяців тому

    The profound knowledge in this content is striking. A book with akin insights nurtured a big change in my mindset. "Mastering Money Mindfulness" by Benjamin Hawk

  • @OdakaanMemes
    @OdakaanMemes 6 місяців тому

    RIP

  • @tusharm7451
    @tusharm7451 Рік тому +1

    Was Simon good guy.
    Every partner he had, he loose them

  • @troyaxelson43
    @troyaxelson43 Рік тому +2

    Math wiz, that figures.
    Sorry.

  • @m3chris1
    @m3chris1 11 місяців тому +2

    Pretty sure he used math not maths

  • @salmakhatun4920
    @salmakhatun4920 Рік тому

    My head is cool. Don't hit me

  • @portfoliotalk8114
    @portfoliotalk8114 Рік тому

    Nick Patterson looks rough

  • @missunique65
    @missunique65 Рік тому

    90% was not actionable. WOuld rather talk about simon startegy for today

  • @kaziahsan_habib
    @kaziahsan_habib Рік тому +1

    Bored..... Just all history...... No strategy explained

  • @JohnnyGalang
    @JohnnyGalang Рік тому +1

    *The crypto market has been unfavorable for months and i keep losing my money selling off during dips, i'm very scared of holding right now. how do you guys still make so much?*

    • @margaretmyles6683
      @margaretmyles6683 Рік тому

      Funny how people still believe the only benefit from crypto is holding, tradlng is the real deal. I am happy I've started learning and earning from cecilia nielsen

    • @mikey-bigg4486
      @mikey-bigg4486 Рік тому

      it's really exciting to see this comment section, Mrs Cecilia Nielsen is a real crypto genius. with her help I get to transform my financial situation for good.

  • @df56gh4d5h
    @df56gh4d5h Рік тому

    Learned nothing of practical use from this video.

  • @louissparks2496
    @louissparks2496 Рік тому

    Interesting story.

  • @calvinpatterson2210
    @calvinpatterson2210 Рік тому

    The Next 20 Market Trading Days are Risk OFF.📉🐻🐻🐻 Enjoy the Decline.🆗

  • @jamaludinlajis
    @jamaludinlajis Рік тому +1

    Thanks

  • @dank_lounge2737
    @dank_lounge2737 5 місяців тому

    RIP