Renaissance Technologies - Trading Strategies Revealed | A Documentary 

00:53 Chapter 1 - First Million 04:43 Chapter 2 - Mean Reversion Strategy 09:23 Chapter 3 - The Kelly Criterion 12:13 Chapter 4 - The Equity Business For more information about Ren Tech, you can buy Zuckerman's book on Amazon here - amzn.to/34ywJom

RIP Jim Simons -The Legendary Genius Investor died today 05/10/24 -I linked this video to my friend last night and told her "This inspires me greatly!" Sad to hear but oh what a legacy he left. 🥰

So he didn’t take a course from Udemy or one of these bazillion social media traders?

Simons is a simple man. No returns? Math. Not enough returns? Hire mathematicians. Still wanting more returns? Hire more mathematicians.

I discovered your channel yesterday, and have to say your contest is great, your dialogue, you dont make it boring and it is so detailed. Thank you! And I barely comment.

16:30 Don,t give up keep persistance 6:28 mean reversion strategy 7:02 stochastic(random) process 7:30 machine learning !!!!! @1980 7:54 kernel methods 1st to use mon_linear_,regrresion,pattern&clusters even correlations 8:48 8:56 high dimensional kernel regression works how long a trending will last 9:17 Combine mean reversion with trend following 9:27 20% return 9:28 game&information theory so they focus on shorter term traits to reduce risk by in&out quickly short term approach 10:32 kelly criterion or scientific gambling method 11:18 anomaly isn,t random with big data 12:42 starting equity business 13:50 natural language processing in 1990 wo0ow 13:07 Robust ability to hire talents

Keep up the great work! The quality of your videos are absolutely staggering.

This is a great documentary. It’s encouraging to see academics leverage their knowledge in the market.

Interesting that Jeff Bezos used to work at a quantitative hedge fund in NY. He certainly knew the power of mega trends, large numbers and mass Market inception.

Woah! This is a super tier quality video. The quant developer comments are super accurate and well explained!!

Correction - *Fields Medal is equivalent to Nobel Prize* not Oswald veblen prize, although it is still a very prestigious award

I have seen a few of your contents and it's really detailed and with new insights. I have been following Jim Simmons of RenTech to understand his strategy. You are first one to have broken in down. Brilliant well done.

Most people would say the fields medal is the highest prize in mathematics.

So smart; ' hire the Smartest',' persistence has a lot of value along with patience. Thank you for this brilliant lesson Jim Simons.

This is a great channel, loving the uniqueness and depth of presenting the info. Keep it up, I´m in.

Great video, keep it up! I think one key information missed out is the fact that these mathematicians had ownership in the company . If one of them made a winning formula they all profited. I think that was one of the key ingredients for Renaissance Technologies success.

Your videos are so immersive, and clearly you did a lot of research. Well done!

The last minute of this documentary really comforted me .. been really low lately , suffered heavy loses with a strategy i thought was fullproof 😣

This is such a perfect video and channel that was just waiting to be made , thanks so much

Best video summarization on this topic on RU-vid. Great videos keep it up!

your video on simon is by far with the most insights

Excellent as usual. You have the most intelligent, inspiring channel on YT. Great job.

Being good at math really pays off in today’s world. Top math graduates who ended up in the top quant trading firms can expect half a million dollar package in their first year out of school. Even those who do make it to the top firms can expect couple hundred thousand.

very informative, best video about Jim Simons so far and his success in trading, etc

Jim Simons apparently also the CEO of Evil Corp lmao

That quant developer's voice is great ASMR! Would like to watch more of his analysis.

Brilliant content. So glad one of your videos popped in my recommendations and now I’m hooked.

I congratulate you for the excellent documentary and wonderful story-telling! All the best.

I love your videos... Thank you for putting the work to produce such a beautiful peace of content

The Oswald Veblen Prize in Geometry may be the most prestigious prize in geometry, not sure, but the Fields Medal is often considered the Nobel Prize of Mathematics, 3:34. Wonderful video!

Don't give up! Stick to it if you believe in it.

Very inspiring. Thank you so much. Imma go use mean reversion in my algo trades now, for a start

The longer the video the better. Thanks man

Lot of great info and wealth to be gleamed in this short video! Thanks! Always thought that what Simon's did in the market was/is much great than Warren/Charlie duo.

Always ahead of the competition. Forever innovating

Wow, I'm impressed by the depth and production value of your video

great content! keep up the good work

Really enjoyed this video. Hope to see more in the future

wow. such great videos man. congratulations to whoever makes these videos :)

Amazing videos my friend. Truly enjoying knowing more about these financial personas

Great Video. Love hearing about the legend.

A great video, thank you so much for making this.

Great video, I'm looking forward to checking out your other content.

These are great videos man, keep it up!

This, quality content right here

Love your channel! Excellent content! Thanks for posting!

Amazing loved the deep dive keep it up!

ジムシモンズとルネッサンステクノロジーの手法について簡潔にまとまってわかりやすいです

Amazing channel. Subbed. Keep making more such videos!

amazing video very well presented shows you've done in depth research absolutely amazing

Keep up the good work. Excellent video 👍🏼👍🏼

🧡💛💚💙 This was a great video man thankyou so much!!! 🧡💛💚💙

I see great future for this channel .

Ren Tech: Billions and billions US Gov: We printing them as fast as we can.

This is awesome! Great job!

“The editing and production of the video was excellent and very impressive.

Very cool video Thank you, you have wonderful Content

I keep loosing in real trade but win in Demo. Should I give up on Trade? What should I do? How may I do better? What I'm I doing incorrectly?

Explained in very well way…. Kudos and keep continue

Exc documental 👏🏼😎 Tks so much!!! 😉

Great content. Loved it

The mixed fillers scene in video with Mr robot. Cool edition and also great content

Awesome! Keep up the great work.

great documentaries, rly well done gj

I’m a simple man I see valuable content I sub

loving your videos

Love these videos!

Thanks a lot for the great work 😊👍

Never knew Greg Popovich is also a great trader.

Great content. Thank you for the effort. Subbed.

So good. Thanks for this. I'm starting my journey into investing in a big way.

Great last words! Only if you give up you loose! Fight, loose, go back to the drawing board and exceed!

Thank you-very well done.

The level of the detailed research is so impressive. And I really like the flow of the story. Clearly explained to get the big picture. Can you share how did you find some of the so on-point relevant background videos?

Always excellent material :)

i think Jim Simons was the inspiration for The Architech in the Matrix. also the word "anomaly" is always in use

Really cool content

If you have any questions about this video, add me on LinkedIn - www.linkedin.com/in/rocky-xu-0487498b/

Persistence has a lot of value and something that's really worthwhile can take alot of time to come to fruition and you ought to have patience if you believe in something to stick with it. - Jim Simmons Timeless Advice from a great mind.

Great video, I've been interested in investing ever since I came across articles of people making up to $150,000 and more in this period, thanks for the video but is it really possible for a retail investor to achieve this in months?

Good video. No need for unnecessary over dramatisation of his life and strategy, it is inherently interesting.

An excellent video. Congratulations.

Superb - many thanks.

Great Chanel, thanks for sharing. I guess I joined early, looking forward to surge in number of your subscribers)

As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?

Interesting content on your channel ..you people are doing Great job . Please continue

Jim Simmons is one of my heroes

One model took two years to develop. That speaks volume.

The time frame on which a trader opts to trade can significantly impact trading strategy and profitablity. It really comes down to which trading style suits an individual trader's circumstances

Great works Professor.

Loved this

This is great content

The thing about mean reversion is that the mean is a moving target overtime

Amazing video. Best one out there about the hedgefund - and i've seen alot! haha

It was so resourceful ...i will make it happen at least 1 billion.....I stared with some strategy which give very good returns now I guess I need powerful computers so that we can examine the entire market view in Deep

🙏 thanks

Even the best trades and the most profitable trading strategies won’t be effective without strict money management rules in place to protect your winning trades and grow your portfolio

Great video. New info not heard before.

Nice video - really enjoyed it 👌

The secret is he read the book "How to Fund Hedges for Dummies"