Sunday, March 10, 2019

Wall Street: Mathematics or Rigged or Science ?

We've been working on creating algorithms for the money markets. And I found this 2015 interview with Jim Simons, extremely interesting and currently relevant. Check it out.

"Jim Simons was a mathematician and cryptographer who realized: the complex math he used to break codes could help explain patterns in the world of finance. Billions later, he’s working to support the next generation of math teachers and scholars. TED’s Chris Anderson sits down with Simons to talk about his extraordinary life in numbers."

The mathematician who cracked Wall Street
Jim Simons



And then there's Michael Lewis in a 2014 interview during the release of his book "Flash Boys", where he argues that the markets are rigged against you.

Michael Lewis: Nobody Understands the Stock Market



And you cannot study or discuss Trading and Wall Street and not think about gambling.

This is a much longer video, but worth it if you have the time. If you are interested in gambling, this might be a gamble worth taking.

How Science is Taking the Luck out of Gambling
with Adam Kucharski



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