How a Mathematician Became the Greatest Trader of All Time

Video Description

Jim Simons used his coding skills to become the greatest investor ever. Try https://brilliant.org/Newsthink/ for FREE for 30 days, and the first 200 people will get 20% off their annual premium subscription. Highly recommend the book: The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution by Gregory Zuckerman https://www.amazon.com/Man-Who-Solved-Market/dp/0593086317 Follow Newsthink on X https://x.com/Newsthink Newsthink is produced and presented by Cindy Pom https://x.com/cindypom Grab your Newsthink merch here: https://newsthink.creator-spring.com Thank you to our Patrons, including: John & Becki Johnston Igli Laci Support us on Patreon: https://www.patreon.com/Newsthink Highly recommend the book: The man who solved the market by Gregory Zuckerman: https://www.amazon.com/Man-Who-Solved-Market-Revolution/dp/0241309727 Special thanks to the following for permission to use their material: 0:36 The Abel Prize: www.abelprize.no 1:19 Photographer David Eisenbud. Image first appeared in The Promise of Berkeley in 2016: https://light.berkeley.edu/p/promise-spring-2016/ Select images/video supplied by Getty Images and Alamy. Sources: 0:20 Bradford Cornell statistics: https://www.cornell-capital.com/blog/2020/02/medallion-fund-the-ultimate-counterexample.html 1:22 Archives of the Mathematisches Forschungsinstitut Oberwolfach, Creative Commons licence Attribution-Share Alike 2.0 Germany (http://creativecommons.org/licenses/by-sa/2.0/de/deed.en) 2:27 Kenneth C. Zirkel, CC BY-SA 4.0 https://creativecommons.org/licenses/by-sa/4.0 via Wikimedia Commons 2:30 Kenneth C. Zirkel, CC BY-SA 4.0 https://creativecommons.org/licenses/by-sa/4.0 via Wikimedia Commons 2:43 IBM Research, CC BY 2.0 https://creativecommons.org/licenses/by/2.0 via Wikimedia Commons 3:35 Leonard Banks, CC0, via Wikimedia Commons 5:39 German ledger: RaphaelQS, CC0, via Wikimedia Commons 7:18 Medallion Fund average returns in 1990 by Cornell Capital: https://www.cornell-capital.com/blog/2020/02/medallion-fund-the-ultimate-counterexample.html, rest of data sourced from Gregory Zuckerman's book 7:27 Data derived from both Greg Zuckerman's book and Cornell Capital Group (58% net return) 8:12 1166 Avenue of the Americas, CC BY-SA 3.0 https://creativecommons.org/licenses/by-sa/3.0 via Wikimedia Commons 8:48 Gleuschk, CC BY-SA 3.0 https://creativecommons.org/licenses/by-sa/3.0 via Wikimedia Commons 8:50 Government of Thailand, CC BY 2.0 https://creativecommons.org/licenses/by/2.0 via Wikimedia Commons 9:36 S&P data by MacroTrends https://www.macrotrends.net/2526/sp-500-historical-annual-returns, Medallion data by Gregory Zuckerman's book 11:53 respres, CC BY 2.0 https://creativecommons.org/licenses/by/2.0 via Wikimedia Commons 11:56 User:Brendel at en.wikipedia.org, CC BY-SA 3.0 http://creativecommons.org/licenses/by-sa/3.0/ via Wikimedia Commons 12:29 Gage Skidmore from Peoria, AZ, United States of America, CC BY-SA 2.0 https://creativecommons.org/licenses/by-sa/2.0 via Wikimedia Commons 12:47 Gage Skidmore, CC BY-SA 2.0 https://creativecommons.org/licenses/by-sa/2.0 via Wikimedia Commons 12:52 - 12:56 Gage Skidmore, CC BY-SA 2.0 https://creativecommons.org/licenses/by-sa/2.0 via Wikimedia Commons 12:57 Michael Vadon, CC BY-SA 4.0 https://creativecommons.org/licenses/by-sa/4.0 via Wikimedia Commons 13:06 Gage Skidmore from Peoria, AZ, United States of America, CC BY-SA 2.0 https://creativecommons.org/licenses/by-sa/2.0 via Wikimedia Commons 13:22 Gage Skidmore from Peoria, AZ, United States of America, CC BY-SA 2.0 https://creativecommons.org/licenses/by-sa/2.0 via Wikimedia Commons