Chapter
Building a High-Tech Trading System with Algorithms
25:43 - 33:07 (07:24)
A trader named Jim Simmons uses historical records to build a machine that prints money using mathematical algorithms, charts, and human intuition.
Clips
In this podcast episode, the speaker discusses their definition of arrogance and how it differs from high levels of self-confidence.
25:43 - 27:29 (01:45)
Summary
In this podcast episode, the speaker discusses their definition of arrogance and how it differs from high levels of self-confidence. They explain that arrogance is when someone stops learning from others and believes they know everything.
ChapterBuilding a High-Tech Trading System with Algorithms
Episode#108 The Man Who Solved The Market: How Jim Simons Launched The Quant Revolution
PodcastFounders
Bill Simmons shares the story of a successful entrepreneur and his journey of coming up with good trading ideas that work for a good amount of time but then eventually break and how he deals with it.
27:29 - 28:19 (00:50)
Summary
Bill Simmons shares the story of a successful entrepreneur and his journey of coming up with good trading ideas that work for a good amount of time but then eventually break and how he deals with it.
ChapterBuilding a High-Tech Trading System with Algorithms
Episode#108 The Man Who Solved The Market: How Jim Simons Launched The Quant Revolution
PodcastFounders
Simmons becomes determined to create a high-tech trading system that relies on algorithms and human intuition to make big profits.
28:20 - 31:18 (02:58)
Summary
Simmons becomes determined to create a high-tech trading system that relies on algorithms and human intuition to make big profits. He shares his goal of building a sophisticated trading system fully dependent on preset algorithms that may be automated.
ChapterBuilding a High-Tech Trading System with Algorithms
Episode#108 The Man Who Solved The Market: How Jim Simons Launched The Quant Revolution
PodcastFounders
A trader explains how he uses stacks of historical books and reels of magnetic tapes to feed into his algorithmic trading system to find and capitalize on persistent and repeating price patterns across long periods of time.
31:18 - 33:07 (01:49)
Summary
A trader explains how he uses stacks of historical books and reels of magnetic tapes to feed into his algorithmic trading system to find and capitalize on persistent and repeating price patterns across long periods of time.