Machine learning in trading: theory, models, practice and algo-trading - page 3515

 
Let's stick to the theme
 
On the evening of 10 May, Jim Simons, a Wall Street legend and founder of the investment company Renaissance Technologies, died at the age of 86. It is known for its hedge fund Medallion, which had an average annual return of 39%. Simons was a scientist and built mathematical models without using fundamental analysis at all. Earlier, our colleagues from RBC Pro collected the investment principles of the "most successful investor of all time", here are the main theses.
 
Valeriy Yastremskiy #:
On the evening of 10 May, Jim Simons, a Wall Street legend and founder of the investment company Renaissance Technologies, died at the age of 86. It is known for its hedge fund Medallion, which had an average annual return of 39%. Simons was a scientist and built mathematical models without using fundamental analysis at all. Earlier, our colleagues from RBC Pro collected the investment principles of the "most successful investor of all time", here are the main theses.
Let profits flow, sell high, buy cheap. )
 
Maxim Dmitrievsky #:
Let the profits flow, sell high, buy cheap..... )

read my blog, buy training from me, subscribe from me, I know how the market works

 
Maxim Dmitrievsky #:
Let the profits flow, sell high, buy cheap..... )

Yes... although you can't envy fate... if only for the results.

 
mytarmailS #:

Read my blog, buy training from me, subscribe from me, I know how the market works

Not to Simons, it's a secret office, basically.

 
Maxim Dmitrievsky #:
It's poetry. Speak for yourself, not him.
If you don't force yourself to be human, you'll be munching sausage on the sofa and watching TV :)
That's what any advanced civilisations do, including Roman civilisations. They developed and conquered for that very purpose. So that there would be plenty of bread and spectacle.
The species has no other purpose. The brain has evolved to the point where it can solve problems quickly and then eat sa usage. That is sausage through the least amount of effort. That's why scientists get their rewards by having an intellectual advantage over others. They are driven by it.
That's why it's said that not having enough sausage drives all progress. Especially when you see that someone else has more of it.

Strugatsky has a wonderful story: "Monday Begins on Saturday".

It describes the work of a research institute called the Research Institute of Miracles and Magic, abbreviated as NNICHAVO.

NII had various exhibits like a stupa (flew), a broom (flew), a flying carpet (did not fly so moths beat the head of the housekeeper was reprimanded on the party line). The research institute was also staffed with corresponding scientific employees: leshy, watermen, mermaids..... The director of the Research Institute was a man who lived from the future to the past, so he knew exactly the future.

There was a real scientific division on cultivation of UNIVERSAL CONSUMER. The work had been going on for a long time and was quite successful: the consumer was consuming more and more. But at one moment the director ordered to suspend the work and take the universal consumer to a specially equipped polygon according to the requirements of gunpowder factories with slopes, for explosions of reflection upwards. In the slopes were equipped with dugouts with the prohibition of employees to leave them.

When the range was ready, the work on creation of a universal consumer was continued with increasing success: the consumer ate, drank, read, watched films at the same time... The food had to be delivered by wagons.

It was a miracle.

Some of the employees, in violation of the order, climbed the slope to better see the universal consumer. And then the universal consumer exploded with the formation of a shaft of shit - nothing else could be inside it. Those who stood on the shaft choked on the shit. The employees in the dugouts were saved, but their stench lasted long enough - the work was highly scientific and qualitative, you can't just wash it off.

 
СанСаныч Фоменко #:

The Strugatskys have a wonderful story: "Monday begins on Saturday".

It describes the work of a research institute called the Research Institute of Miracles and Magic, abbreviated as NNICHAVO.

NII had various exhibits like a stupa (flew), a broom (flew), a flying carpet (did not fly so moths beat the head of the housekeeper was reprimanded on the party line). The research institute was also staffed with corresponding scientific employees: leshy, watermen, mermaids..... The director of the research institute was a man who lived from the future to the past, so he knew exactly the future.

There was a real scientific division on cultivation of UNIVERSAL CONSUMER. The work had been going on for a long time and was quite successful: the consumer was consuming more and more. But at one moment the director ordered to suspend the work and take the universal consumer to a specially equipped polygon according to the requirements of gunpowder factories with slopes, for explosions of reflection upwards. In the slopes were equipped with dugouts with the prohibition of employees to leave them.

When the range was ready, the work on creation of a universal consumer was continued with increasing success: the consumer ate, drank, read, watched films at the same time... The food had to be delivered by wagons.

A miracle, indeed.

Some of the employees, in violation of the order, climbed the slope to better see the universal consumer. And then the universal consumer exploded with the formation of a shaft of shit - nothing else could be inside it. Those who stood on the shaft choked on the shit. The employees in the dugouts were saved, but their stench lasted long enough - the work was highly scientific and qualitative, you can't just wash it off.

And wasn't it Vybegallo who did it? Conceived by the Strugatskys as a parody, mostly of Lysenko. In fact, they were his duplicates, which kind of hints.

 
СанСаныч Фоменко #:

The Strugatskys have a wonderful story: "Monday begins on Saturday".

It describes the work of a research institute called the Research Institute of Miracles and Magic, abbreviated as NNICHAVO.

NII had various exhibits like a stupa (flew), a broom (flew), a flying carpet (did not fly so moths beat the head of the housekeeper was reprimanded on the party line). The research institute was also staffed with corresponding scientific employees: leshy, watermen, mermaids..... The director of the research institute was a man who lived from the future to the past, so he knew exactly the future.

There was a real scientific division on cultivation of UNIVERSAL CONSUMER. The work had been going on for a long time and was quite successful: the consumer was consuming more and more. But at one moment the director ordered to suspend the work and take the universal consumer to a specially equipped polygon according to the requirements of gunpowder factories with slopes, for explosions of reflection upwards. In the slopes were equipped with dugouts with the prohibition of employees to leave them.

When the range was ready, the work on creation of a universal consumer was continued with increasing success: the consumer ate, drank, read, watched films at the same time... The food had to be delivered by wagons.

A miracle, indeed.

Some of the employees, in violation of the order, climbed the slope to better see the universal consumer. And then the universal consumer exploded with the formation of a shaft of shit - nothing else could be inside it. Those who stood on the shaft choked on the shit. The employees in the dugouts were saved, but their stench lasted long enough - the work was highly scientific and qualitative, you can't just wash it off.

So what's the point of developing a brain if it doesn't even promise sausage? Or sausage.

 
Maxim Dmitrievsky #:

So what's the point of developing a brain if it doesn't even promise sausage? Or sausage.

To keep your brain from turning into jelly.

The world is huge, much bigger than sausage. And sausage is what: today a sausage, and tomorrow a pile of shit, if there is no constipation.


PS.

To add.

In the USSR, the overwhelming majority of the population knew the answer to your question without so-and-so sausage.