He has quipped that he regrets not continuing as a partnership. But I think he knows that he couldn't have done what he did in a partnership...
Read the article. It’s not luck.
If you want proper experience to make a career out of trading, you need to work at a proper firm: a bank, hedge fund, or prop firm as a front...
No. You “answered” the question with your assumptions. I’m asking if my assumptions are right. The difference is not obvious to you? Who’s the...
Your answer was stupid.
You made up an answer. Please tell me you are just being a smart ass and you don’t do logical reasoning this way. He implies he earned it in...
L Today a janitor or low end non-union factory worker today earns about 25k-40k (11 dollars an hour in a red state and 14 an hour in a blue...
You didn't answer my question. Those people ended with those net worths after 50 years of living frugally and building equity in their homes....
How does a google project lead earn 1MM in net worth? From what I can tell the salaries are around 200k. And with expenses in the Bay Area being...
The return isn’t compounded. Medallion returns capital each year to keep the AUM down. 100bn in dollar profits on (say an average of 6bn) over...
Each call is worth $100/point. So it’s actually 500k.
The relentless pursuit of an edge to earn more. More often than not, they create ingenious ideas. Othertimes they cross the lines of legality...
Urban story: Journalist is sitting next to a hedge fund manager at an industry dinner. She says to him, “why do you keep doing this? If I had a...
The public wasn’t willing to pay a 47bn valuation. Why should JPM or SoftBank? This is the most fundamental principle of trading.
You are likely reading the 1099 wrong. I had a similar issue and spent about a few man days working through all my 1099’s for the last seven...
No specific algorithm you can follow. It depends on your view of what will happen next.
Or John hull....
Or he did it because everyone is talking about how many Kurds will be killed instead of a phone call to Ukraine.
Gary Kasparov did the exact same thing against the first Deep Blue. He started playing erratically and the computer couldn’t calculate the...
No. But what’s the likelihood this stunt puts him on a Goldman trading desk for the next four summers.
Separate names with a comma.