Market Wizard Quotes
A few reminders – “Don’t focus on making money; focus on protecting what you have.” – Paul Tudor Jones (Market Wizards) “The key to successful trading is emotional discipline.” – Richard Dennis (Market Wizards) “The game taught me the game. And it didn’t spare me rod while teaching.” – Ed Seykota (Market Wizards) “The four…
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Why the Medallion Fund is the Greatest Money-Making Machine of All Time
The Medallion Fund, managed by Renaissance Technologies, is one of the most successful and mysterious hedge funds in the world. Founded in 1988 by mathematician Jim Simons, the Medallion Fund has produced impressive returns for its investors and has become synonymous with the idea of using mathematical models and algorithms to trade in financial markets. Despite its…
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What a 51% Win Rate Looks Like
One of the most vexing issues for novice traders is the notion that you will not be right most of the time – in real trading, you will be wrong an awful lot. This notion of being consistently wrong but also successful seems like a paradox that many cannot resolve. It runs counter to all…
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When You’re A Systematic Investor, Your Process Makes The Decision
Episode #310: Kathryn Kaminski, AlphaSimplex, “When You’re A Systematic Investor, Your Process Makes The Decision” Guest: As Chief Research Strategist at AlphaSimplex, Dr. Kathryn Kaminski conducts applied research, leads strategic research initiatives, focuses on portfolio construction and risk management, and engages in product development. Dr. Kaminski is a member of the Investment Committee. She also serves…
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