The Mathematician who Cracked Wall Street

http://www.institutionalinvestorsal...he-Secret-To-Medallions-Returns-Leverage.html

 

Where's the part about "none of it being true" and all of the illegal stuff?

 

Great vid. That guy is the real deal.

 

Extremely well stated. Bravo! surf

 

Where do you get this strange information??

 

Lol. Do u have any idea what it is like to manage large sums of capital?

 

Mathematics whiz-bang & high leverage, where have I heard that before? Oh w/ LTCM it was not so much leverage as taking preposterous tail risk.

Surely, it's different this time

 

I know you have, at least about how to lose it.

 

Low vol and leverage.
And so did Buffett:
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The secrets of Buffett's success | The Economist
www.economist.com/node/21563735The Economist
Sep 29, 2012 - These two factors—the low-beta nature of the portfolio and leverage—pretty much explain all of Mr Buffett's superior returns, the authors find.
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A couple of billionaires had this good idea a few decades ago and it paid off. Is there still life in this method or is it played out?

 

Low volatility and Leverage seems like an oxymoron
it's the way Buffett bought and structured his deals...that made him rich and richer. ..it was almost impossible for him to lose.