A conversation with Jim Simons: Mathematics, Common Sense and Good Luck 

Thanks for summarizing with articulation. :)

be guided by beauty - a non beautiful man

Where there is a will there is a way.. Do it with all your heart and nature surrenders.. Or let's admire the beauty. :)

@@bvramaiah5959 If you do trading (which is what Renaissance does) with all your heart and you have no talent, you'll be bankrupt very quickly

@@Jannikheu lmao true. I hate these delusionally motivational sayings

You don't have to be the smartest, as long as you can hire the smartest talent.

@@bvramaiah5959 and lose your money

Exactly! Hopefully he comes around to finishing it before it's too late. I know I'll be the first to snap one up.

​@@mushrifsaidinhas he finished?

what hints?

@@cornagojar it's not the peak of mount Everest that makes you feel alive but it's the journey.. Pointing out there are hints is way too much to reveal already I guess rest is your part to do.. :)

@@bvramaiah5959 You basically sound like a retarded pseudo intellectual who talks out of his own ass and nothing of what you just said has any substance. Grow up.

Yea it’s about connections on fiber bundles or as physicists like to call it gauge theory. Started with the wu Yang dictionary where Jim was invited by the physicists to give seminars to some physicists and discovered that both fields had developed a the same framework, so a dictionary was made to go back and forth between these two fields. This dictionary is called the wu Yang dictionary. It’s one of the greatest moments in the history of science that created a revolution that still ongoing till this day. What was discovered is that the quantum theory which governs 3 of the 4 forces in nature (weak force, strong force and EM) can be explained through fiber bundle geometry. Quantum field theory which previously was thought to be a weird collection of techniques was actually a natural geometric structure. Now how does this relate to economics and markets you say? Well what is stunning is that economics has the exact same structure!!!!! But the economists have been slow to recognise this. What’s even crazier is that Nobel winner Paul Samuelson was looking for it in the 1950s when he gave his Nobel lecture. He characterised it as the non integrability of indifferent surfaces but he simply did not have the mathematical knowledge to solve it. After this discovery jim likely realised this opportunity snd thus setup a hedge fund to capitalise on this stunning discovery. Renaissance is the greatest hedge fund in history average 66% yearly for 30 yrs and genrating an estimated over 100 billion dollars in the process.

@@mattpiper266 👌💯

I just heard about him and I've watched and read as much as I can. What a fascinating person and life.

Smartest billionaire

Can u pls explain last 3lines, from i have started 7 business I'm confused whether u r refering urself or simon

@@rohitbtsarmy4356 I have started the business...me

@@mikestarks8464 tq , do u tell me, other great person similar to simon

Yeah I think I know what you mean. And also he might be looking at things differently. Are you finance background for example?

Also Zuckermann says the most important thing: James loved making money IMO that's the most thing.

Seems like a hole in his ear to me. Wasn't there a year ago. Skin cancer treatment, perhaps?

It's the microphone

Warren Buffett.

Please forgive me, Simmons is using algorithms to mine data knowing when to buy and sell security at the right time.

his traders were prioritized before other people's , that was a big secret

@@jeffreyschnitman2484 his traders were prioritized before other people's , that was a big secret

His close friend, mathematician Dennis Sullivan, 2022 Abel Prize recipient, and so the reason Jim Simons is in Oslo.

Richard dennis?

He's just rambling. I took a few classes ar StonyBrook. Nice place.

He is 84 btw. ANd writing his memoirs... should probably tell you something...

I had a similar impression, esp. compared to some other interviews I watched only a couple of years ago. Hopefully not something serious and he was just exhausted or something.

@@irinaspalko7846 Idk I've noticed in other interviews he speaks pretty slowly. He's pretty efficient with his words and speaks to the point. I wouldn't say it seems like he's unhealthy especially for being 84 and speaking about maths like this.

@@broombroom3208 and also a lifelong heavy smoker

he is a smoker

@Rick Sanchez D99 Technically engineers are not mathematicians and engineering is applied physics .

@Rick Sanchez D99 No. Applied mathematics is a field, usually one could only be (called) an applied mathematician after one obtained a PhD degree in mathematics/applied mathematics or related field. Studying in applied mathematics involved working with lots of theorems, proofs rigorously which I doubt engineers nowadays can do any.

To put it briefly, applied mathematician is a subset of mathematician, but engineers is not a subset of mathematician, therefore engineers clearly are not applied mathematician.

@Rick Sanchez D99 There are many fields where mathematical applications are required but it doesn't mean all of them are applied mathematics .

@Rick Sanchez D99 SANCHEZ is talking about Physics and Math?!?! ROFL 🤣🤣🤣

Stupid jeffrey

As a high school teacher, I got introduced to Ms, Gardner during the pandemic year, I cried about challenges I was facing here in Ireland, during my time working with her, I was able generate returns on my investment.

It hasn’t been easy trying to invest as a newbie with few knowledge. I’m trying to create a new stream of passive income. How can i reach out to her? she could be of great help

@ROSEGARDNERBIS

Hi, I train forex trading at a fee of 450 USD, slightly negotiable. The strategy works on any pair

I don’t believe this is true although this has been the narrative for years.

Dont jump the gun here buddy. What he means is that they are collecting all possible publicly available data. How his system interprets the correlation between that vast amount of information….. that is the million dollar question and he wont give it away ofcourse

@@stelios83it’s the multibillion dollar question!

they definitely collect more than just publicly available data, 90% of financial quantitative analysis is having access to higher quality data than the market.

If he reveals, you and I wouldn't benefit. Other rich guys would use them and make money.

I don't sense that, I think it's just his brusque, direct manner. He always acknowledges when others had solutions - he admits he relied on great talent. I think he'd say he was a very good mathematician, but perhaps knew little else.

@@jamesrav the man was lucky too, he was a chain smoker yet lived to be 86. Good for him, though.

yeah the is a doctor that quite his job to be a fulltime trader with gareth soloway