Renaissance keeps making billionaires

[recession2016]

Who are you again? If you want to talk conspiracy theories, start another thread.

Watch the wizard of lies, young sheep

 

[Mtrader]

Maybe Simmons hires all those PhDs as a distraction tactic and is really backchanneling all his investments from an E-Trade account.

https://www.thestreet.com/story/132...like-hedge-fund-renaissance-technologies.html

 

[ironchef]

https://www.thestreet.com/story/132...like-hedge-fund-renaissance-technologies.html

This:

But in looking at the data, after a while I realized: it looks like there's some structure here.

And what you posted on another thread. I have something to go on now.

Thank you for the link.

 

[777]

This video was already on ET a long time ago. I watched it already at that time.
Simmons has clearly another vision on trend then Surf. That was my point.

Risk adjusted base depends of many things and can be different for other traders. I am a daytrader, so completely different from what Renaissance is doing. My maximum drawdown is around 16-17% with an average recovery time of less then 24 hours. My return is four digits a year ( yes more than 10 times starting capital, or 1000%). So my risk adjusted basis is completely different.

Renaissance is incredibly active in automated trading. Many trades last seconds, or less.

 

[fordewind]

"Sticking to the model religiously is the only way...".Isn`t it enough to "crack the wall street code"?Sticking to the 20 SMA religiously will see you through.