Chapter
Understanding Market Patterns
49:01 - 52:31 (03:30)
The speaker discusses how understanding the sequence of books can lead to an understanding of market patterns, likening it to not needing to know why planets orbit the sun.
Clips
Jim, a successful investor, is struggling to reconcile his past reliance on intuition with his desire to make data-driven decisions, leading to a conflict with his trading partner over whether or not to invest in gold.
49:01 - 50:00 (00:58)
Investing
Summary
Jim, a successful investor, is struggling to reconcile his past reliance on intuition with his desire to make data-driven decisions, leading to a conflict with his trading partner over whether or not to invest in gold.
ChapterUnderstanding Market Patterns
Episode#108 The Man Who Solved The Market: How Jim Simons Launched The Quant Revolution
PodcastFounders
The order in which you read books affects your understanding of concepts.
50:00 - 52:31 (02:31)
Market Patterns
Summary
The order in which you read books affects your understanding of concepts. While trying to understand market patterns, one doesn't have to waste time on why they exist, similar to questioning why planets orbit the sun.