Category: Traders
-
Claude Code Has Taken Over….also, 9000 backtests!?
This is wild….The testing covered 30 different liquid assets (including ETFs like the S&P 500 and NASDAQ, sector ETFs, commodities like gold and oil, cryptocurrencies such as Bitcoin and Ethereum, and large-cap stocks like Apple and Nvidia) over a 15-year historical period. The focus was exclusively on daily bars, excluding intraday, futures, or options data. While the strategies and…
-
The Best Oil Trader Says…
China’s Manufacturing Revolution šChina transformed in 30 years from copying the West to leapfrogging it through highly educated population, entrepreneurial culture, capital access, and deep domestic market enabling supply chain agglomeration effects that create unprecedented competitive advantages. šChina’s EV market with 100+ manufacturers demonstrates unprecedented factory speed (NIO built factory from groundbreaking to first car in 17 months) combined with robotics automation to produce quality products at unmatched prices. š¤China operates 100+…
-
Rogue Trader
Nick Leeson, the infamous trader whose 1.4B loss led to the collapse of Barings Bank 30 years ago. Leeson reflects on his overwhelming feelings of embarrassment and shame stemming from his role in the bank’s downfall, emphasizing that despite a successful start to his banking career, he ultimately failed to achieve what he wanted.…
-
In Good Company
Stan Druckenmiller discussing various aspects of the financial markets, focusing on inflation, theĀ Federal ReserveĀ ‘s strategies, investment decisions, trading experiences, and advice for aspiring individuals in the industry. Druckenmiller expresses concerns about potential risks from premature declarations of victory over inflation and discusses the implications of his personal investment strategies, including the importance of being forward-looking…
-
39% After Fees…
More on Jim Simons vs other great traders and investors. Also explained (by Charlie Munger) is why Medallion is/was not able to scale past 10B in AUM and some built in promo for Patrick Bet David products and services.
-
The Greatest Active Manager Ever
“How a Mathematician Became the Greatest Trader of All Time,” Jim Simons, the founder of Renaissance Technologies and its successful Medallion hedge fund, is profiled. Simons, a mathematician and code-breaker, took a scientific approach to investing, using vast data sets, computer models, and algorithms. His strategies, which challenged traditional intuition-based investing, led to average annual…
-
Commodities are even more important than you think…
The YouTube documentary “Behind closed doors: commodity traders, how it works | FULL DOCUMENTARY” explores the secretive and complex world of commodity trading. It reveals how speculators manipulate markets to drive up prices, the risks and rewards of commodity trading, the relationship between traders and banks, the role of paper trading in futures markets, the…