How could I forget… the most interesting investment I’ve seen from quant traders was when weed was legalized in Chicago a few years ago.
Two Asian traders started a legal weed dispensary in Chicago and pulled in a minority from the south side for DEI privileges to get a business license 🪪 which was limited at the time.
Shoutout to Moab…was just there. Arches and nearby is spectacular! Also you are speaking the unsexy truth to the masses. I would argue something higher risk like BTC is great for many middle-lower class(just don't slip into day trading DOGE). Given the inflationary environment and crazy liquidity era we are in 8-10% is NOT what it used to be. Ironically, if you are making the type of money a quant makes, you may not need more and SP500(also maybe real estate) is your best safe-bet. But the average joe needs more!
Eliott wave theory is king strategy for retail outside of having inside information because it enables you to see where insiders are investing or trading their capital down to some of the smallest timeframes like 15 second
This was my sign to stop day trading crypto. 90% of my NW is in index funds and real estate. I thought I could use 10% on risky crypto swing trades. That 10% is about 2% of my NW now LOL.
As soon as you work for a large financial house, you are virtually banned from trading anything other than mutual funds and stocks. We have to obtain permission to buy individual stocks, and everything has to be held for a minimum of 60 days. Currency, bitcoins, group lending savings accounts are totally banned. Have to say, I agree 100% when it comes to pension pots, or your 401k as they are called in the US. This is your future, and not a get quick rich type of account. Plain vanilla, long term is perfect. However, as good as the us market has been in recent years, don’t forget the rest of the world. Europe looking cheap versus US equity, plus you have some great companies, and in sectors that are not tech. So perhaps time to find yourself a decent international fund to put in your 401k alongside your US funds.
Yo bro, you gotta put in your thumbnails: "I am your quantitative" or "Look at me, look at my face" or "You notice something different about me?" or "my name is yang" or "I dont even speak English" or "I won the national math competition in china". Trust me, it'll do numbers.
i know this guy is legit because his conclusion is exactly the same advice uncle warren gives which is invest in sp500 index, boring DCA, and over time you will beat pretty much any hedge fund(90% cant beat sp500 over a longer period of time). i give the same advice to friends and colleagues. dont buy individual stocks. and yet. ive hit 10x on my stock investments twice now. and one may hit 100x. its not something everyone can do. it has nothing to do with intelligence but a slew of factors that includes temperment, risk tolerance/management, knowledge for sure, and resilience against failure. Without this, you cannot win long term. everyone gets lucky but there are so so few Warren buffets in the world. and even fewer retail investors who can consistently beat sp500 over 10+ yr period
What? You mean none of the quants have come across all the Forex, futures and stock gurus on YouTube that bombard us incessantly with their astronomical returns?
While proprietary firms closely guard their strategies, everyone else on YouTube seem to be so generous in sharing their proven strategies 😂
Real talk. Totally agree on the fast money take. If I had eff u money, I'd bounce and do what I love. You'd never see me again, at least not with a button shirt and a tie.
Not allowing bitcoin in a 401k makes total sense because the administrators of the 401k have a fiduciary responsibility to benefit the investor, where as traders working for a firm don’t. Bitcoin is traded on high hopes, hype and divination. ( I’m not knocking it as something to make money in, it’s just that the price of btc has very little to do with anything but arbitrary opinion. )
Dollar cost averaging into bitcoin has beaten all these clowns and it takes no effort once you dedicate the time to understand bitcoin and proper custody and execute an automated DCA. It’s hilarious.
You got any insight about the gamestop short squeeze. As a retail investor, I ran into the thesis on Reddit about year prior before the events unfolded.
By the time the events unfolded and media took attention, their narrative was that it was little guy gettin at the big guys and tried painting Roaring Kitty as mastermind.
Makes me wonder if there's more to the story, but I was very fortunate to be very early in that play.
There are many different views on equities and their outlook for the upcoming years. I would absolutely hop on the boat if I understood a little bit about day trading, and I aim for short-term, steady returns from market corrections. All I want to do is find the best ways to increase and protect my $490k stagnating reserve from inflation
so wall street guys and quants are all short term investors that are executing quick trades instead of investing for the long term? Does anyone on wall street or in any of these firms invest for the long term on companies?
38 comments
How could I forget… the most interesting investment I’ve seen from quant traders was when weed was legalized in Chicago a few years ago.
Two Asian traders started a legal weed dispensary in Chicago and pulled in a minority from the south side for DEI privileges to get a business license 🪪 which was limited at the time.
I loved how you gave examples and then just sold your book. you are a true company man. Enjoy it.👊
Gold outperformed the SP -> BTC outperformed Gold. The easiest bet today is to buy BTC. The more risky one is MSTR
Do really you think that buying Bitcoin today is a risky bet?
clear explanations for someone like me who is an outsider
Awesome content!
The real advantage is having a fund or working capital of billions. Small movements can have huge impacts
Shoutout to Moab…was just there. Arches and nearby is spectacular! Also you are speaking the unsexy truth to the masses. I would argue something higher risk like BTC is great for many middle-lower class(just don't slip into day trading DOGE). Given the inflationary environment and crazy liquidity era we are in 8-10% is NOT what it used to be. Ironically, if you are making the type of money a quant makes, you may not need more and SP500(also maybe real estate) is your best safe-bet. But the average joe needs more!
Eliott wave theory is king strategy for retail outside of having inside information because it enables you to see where insiders are investing or trading their capital down to some of the smallest timeframes like 15 second
who just saw Trump's executive order to allow bitcoin in the 401k now
This was my sign to stop day trading crypto. 90% of my NW is in index funds and real estate. I thought I could use 10% on risky crypto swing trades. That 10% is about 2% of my NW now LOL.
Subbed
SP 500 averages 7-10%, yes. IF you can wait for 30-50 freaking years. Not 3 years. People just don't get this simple truth
This was shown decades ago…the broad index was the safest and most reliable stock market investment for the non insider.
Buying mega caps when theres a discount is not a bad idea.
Dude. This is the most down to earth, not trying to push an agenda investment video ever. Congrats. 👏
0:34 4. and lex fridman
As soon as you work for a large financial house, you are virtually banned from trading anything other than mutual funds and stocks. We have to obtain permission to buy individual stocks, and everything has to be held for a minimum of 60 days. Currency, bitcoins, group lending savings accounts are totally banned. Have to say, I agree 100% when it comes to pension pots, or your 401k as they are called in the US. This is your future, and not a get quick rich type of account. Plain vanilla, long term is perfect. However, as good as the us market has been in recent years, don’t forget the rest of the world. Europe looking cheap versus US equity, plus you have some great companies, and in sectors that are not tech. So perhaps time to find yourself a decent international fund to put in your 401k alongside your US funds.
As a Quant, what formulas run through your head when you need to increase your stamina???
The goat
Bitcoin
Straight on point ❤❤❤
never trust a man over 35 without kids
Do you live in Jakarta now? I like it but the pollution is rough
amogus
Yo bro, you gotta put in your thumbnails: "I am your quantitative" or "Look at me, look at my face" or "You notice something different about me?" or "my name is yang" or "I dont even speak English" or "I won the national math competition in china". Trust me, it'll do numbers.
So you never actually had an edge?
i know this guy is legit because his conclusion is exactly the same advice uncle warren gives which is invest in sp500 index, boring DCA, and over time you will beat pretty much any hedge fund(90% cant beat sp500 over a longer period of time). i give the same advice to friends and colleagues. dont buy individual stocks. and yet. ive hit 10x on my stock investments twice now. and one may hit 100x. its not something everyone can do. it has nothing to do with intelligence but a slew of factors that includes temperment, risk tolerance/management, knowledge for sure, and resilience against failure. Without this, you cannot win long term. everyone gets lucky but there are so so few Warren buffets in the world. and even fewer retail investors who can consistently beat sp500 over 10+ yr period
What did you study in university? Do you have a LinkedIn that I can stalk lol. I find you inspiring honestly.
Hey Tyler, great info! Appreciate them! May I ask if you can make an episode discussing about AI Agent,like how do they work and are they a gimmick?
Thank you!
What? You mean none of the quants have come across all the Forex, futures and stock gurus on YouTube that bombard us incessantly with their astronomical returns?
While proprietary firms closely guard their strategies, everyone else on YouTube seem to be so generous in sharing their proven strategies 😂
Real talk. Totally agree on the fast money take. If I had eff u money, I'd bounce and do what I love. You'd never see me again, at least not with a button shirt and a tie.
Not allowing bitcoin in a 401k makes total sense because the administrators of the 401k have a fiduciary responsibility to benefit the investor, where as traders working for a firm don’t. Bitcoin is traded on high hopes, hype and divination. ( I’m not knocking it as something to make money in, it’s just that the price of btc has very little to do with anything but arbitrary opinion. )
Dollar cost averaging into bitcoin has beaten all these clowns and it takes no effort once you dedicate the time to understand bitcoin and proper custody and execute an automated DCA. It’s hilarious.
Don’t 90% of Large Cap traders underperform the S&P ?
You got any insight about the gamestop short squeeze. As a retail investor, I ran into the thesis on Reddit about year prior before the events unfolded.
By the time the events unfolded and media took attention, their narrative was that it was little guy gettin at the big guys and tried painting Roaring Kitty as mastermind.
Makes me wonder if there's more to the story, but I was very fortunate to be very early in that play.
There are many different views on equities and their outlook for the upcoming years. I would absolutely hop on the boat if I understood a little bit about day trading, and I aim for short-term, steady returns from market corrections. All I want to do is find the best ways to increase and protect my $490k stagnating reserve from inflation
so wall street guys and quants are all short term investors that are executing quick trades instead of investing for the long term? Does anyone on wall street or in any of these firms invest for the long term on companies?