Patrick , you do biographies very, very well.
Came here because of Brady at Numberphile. He did an hour long interview with him. Absolutely incredible.
Patrick, you truly are an excellent educator. From the tone of your voice, to the rhythm of concise facts. I am continually learning, and lucky to have come across your channel. Thanks, for what you do.
It’s so hard to find a genuinely great financial channel on platform filled with swindlers and charlatans. You deserve way more subscribers. Can anyone recommend similar channels to Patrick’s ?
Wow, this guy explained himself very clearly that I didn't even have to pause the video, congrats and very interesting !!!
What's kind of wild is that a team of mathematicians failed for years, yet I know a few people who barely graduated highschool that were brilliant traders right off the bat. Markets are strange like that. This was a great video and I'm glad you covered the fact that it wasn't peaches and cream all the time for these guys. They struggled and failed for a long time. They fought amongst each other as well.
How he chose to buy a stock - simple - flicked a coin and head buys. In seriousness that is why many quant hedge funds prefer taking on a maths/physics PhD with no experience. They can train the finance element easy but is hard for a finance PhD to understand some complex maths needed.
This was fantastic. A very enigmatic group, quietly moving markets out in the boonies of Long Island. Always been curious about this group, crazy this group had so much inner turmoil vs. the impression of a bunch of PhD math nerds quanting out and playing chess.
This was interesting but I'd recommend instead of talking about "gains" I'd use the more technical term "tendies" and instead of "stocks" use "stonks" this will allow a broader audience to understand the material.
All the so-called financial "experts" portray themselves as James Simons, but only 0.01% have the smarts of James, and even fewer have the success.
I am happy to find this channel. Sir, do not stop.
Love the book "Thinking Fast and Slow" that's next to you! Fantastic read.
Virtually no one beats the market consistently. And if they can, their information will be more expensive than you could afford to pay.
1.45 "You can teach someone how to do a job but, you cant teach them, to be smart" true
Medallion is now capped at ten billion with only employee and founder money allowed. Medallion has the legendary and smaller secret sauce trades but... Renaissance Technologies has other funds (making larger trades) that are open to outsiders but they do not, after fees, beat reasonable benchmarks and one even folded.
Thanks Patrick you’re the best YouTube channel by far in this industry
Came here after my brother suggested. Grateful 🙏
Pat, your dry sense of humor and great financial information is truly S-teir! Your channel is a real 💎.
OMG that clip of Bowie on Bing Crosby's Christmas special cracks me up every time, especially since you timed it to play when you said "moving with the times". Perfect.
@PBoyle