Channel: The Swedish Investor

Category: Education

Tags: the man who solved the marketquant tradinggregory zuckermanstocksinvesting strategiesday tradingjim simonsrentechrenaissance technologiesinvestingonline tradingswing tradingbook summaryday traderstock marketpassive incomemedallion fundforextrading strategiesjim simons trading strategypersonal financemoneytechnical analysishow to investhow to become a millionairejim simons biographytrading for a livingthe swedish investor

Description: Support the channel by getting The Man who Solved the Market by Gregory Zuckerman here: amzn.to/3w7LV7g As an Amazon Associate I earn from qualified purchases. Jim Simons is the world’s richest mathematician. Forbes estimates his wealth to be at a staggering $24.6b currently. Jim Simons gained most of this wealth through conquering the world of trading by starting the “quant revolution” with his company Renaissance Technologies and the Medallion fund. The Medallion fund has the best track-record of any hedge fund in history. It has averaged a 62.9% return per year before fees, and 37.2% net of fees, verses 11% for the S&P 500. That is the most impressive investment record I’ve ever heard about, it’s even better than Warren Buffett’s, although it has been accomplished with a much smaller capital. Warren Buffett’s 25 Most Important Investments Ever (RANKED): youtu.be/jMuX_-hE7SQ Top 5 takeaways from The Man who Solved the Market by Gregory Zuckerman: 00:00 Intro 02:50 1. From $0 to $25b 09:58 2. Medallion is a Short-Term Predictive Algorithm 13:44 3. Medallion Requires TONS of Data 16:05 4. Medallion is Based on Advanced Mathematics 17:55 5. Don’t Try This at Home! My goal with this channel is to help you make more money and improve your personal finances. How to become a millionaire? There are many ways to get there – investing in the stock market, becoming a stock trader, doing real estate investing, or why not becoming an entrepreneur? But whether you are interested in how to invest in stocks or investing strategies for creating passive income with rental properties – I hope to be able to provide you with a solution (or at least an idea) here. Warren Buffett - the greatest investor of our time - says that you should fill your mind with competing ideas and then see what makes sense to you. This channel is about filling your mind with those ideas. And in the process – upgrading your money-making toolbox.