How I Built The Best Trading Algorithm - Jim Simons
In the video, Jim Simons, the man that amazed the world by developing an Algorithm that made 66% average for 10 years straight.
Book: The Man Who Solved The Market (2019) https://amzn.to/3t9PcXA
Did you know that you can Earn up to USD 1,000 in IBKR stock? Take a look here: https://ibkr.com/referral/andrea716 (no joke, no scam). Interactive Brokers is one of the most consolidated online trading platforms, used by professional investors as well, catch this opportunity to start your journey, or simply boost it.
Everyone has to start somewhere. A GREAT MOVE is to learn from one of the best universities in the world: https://imp.i384100.net/c/3591556/1242836/14726?prodsku=crse%3AkRFdpru_EeW6QBIGzzljVw&u=https%3A%2F%2Fwww.coursera.org%2Flearn%2Fglobal-financial-markets-instruments&intsrc=PUI2_9419 Once you become knowledgeable about financial markets, that world is yours.
James Simons is an American mathematician, billionaire hedge fund manager, and philanthropist. He is the founder of Renaissance Technologies, where he served in various leadership capacities from 1982 to 2010.
He and his fund are known to be quantitative investors, using mathematical models and algorithms to make investment gains from market inefficiencies.
Due to the long-term aggregate investment returns of Renaissance and its Medallion Fund, Simons has been described as one of the "greatest investors of all time".
As reported by Forbes, his net worth as of May 2020 is estimated to be US$21.6 billion, making Simons the 36th-richest person in the United States.
Credits for the interview: Numberphile
Book: The Man Who Solved The Market (2019) https://amzn.to/3t9PcXA
