Dope Tech Episode 2

<<@mscott54321 says : All the dumb doods were hella jealous that the smart people were making bank, so they just created tax laws that helped rig the game (because the dumb people always seem to either be politicians, or trust fund babies born with a silver spoon in their mouth & a politician in their pocket). By systematically deducting investment losses from investment gains, you generate an asymmetric return stream known as Tax Alpha (no relation). Studies from eg MIT show you can add an average of 0.85% to 1.10% in annualized excess returns over a passive strategy. But that's a starting point, not the end game.>> <<@notamouse5630 says : Subtitles are not synchronized.>> <<@jmrm01 says : There's a great book on this topic titled "Fortune's Formula" by William Poundstone.>> <<@rodneyredelinghuys5157 says : @Veritasium The subtitles/closed captions for this video are way out of sync>> <<@Msb-256 says : When i took a pde course during my grad i was always amused how the heat equation could be related to Stock prices.>> <<@Randy-br3kf says : Non wage income must be taxed.>> <<@humilulo says : safest asset .. US treasury bonds. 😂>> <<@girayhankaya says : Is it me or susbtitles gone bonkers?>> <<@robertcorpuz1105 says : 0:01 (⁠ ⁠╹⁠▽⁠╹⁠ ⁠)>> <<@kevinm7734 says : Why did the video go black all of a sudden with just the Ve logo on it??>> <<@sling_trade says : LOL. The equation that has destroyed the financial system over and over again except for bailouts which the "uninformed" paid for. Nobody factors in the fact that, when more than one player uses these models, they cancel each other out. The real way to beat the market is be a big enough player that you can push the price around and force your options to pay off reliably. Or to have more information than others about the surrounding environment, known as "macro".>> <<@UngadAvci says : With this one I know I'm dumb>> <<@UngadAvci says : With this one Newton's lost for me>> <<@adef-pj1du says : Stock markets are just a modified ponzi scheme>> <<@ChocolatesAfterDark says : jfyi the closed captions are badly desynchronised>> <<@davidgillespie9256 says : "This is diffusion"...that is naming a phenomenon, not explaining why it occurs. 13:06>> <<@Emma-ol3ed says : I despise stock markets and capitalism, but this is really scientifically interesting :0>> <<@drives9965 says : Simmon's Medallion Fund is a cover to farm and retain the world's best Physicists within the US.>> <<@dr9205 says : Very neat video. I lived in Chicagoland for a bit & visited CBOE a few times including a tour of the trading floor. There weren't crowds of folks on the floor even though volitility was high. I asked the guy at the IBM pit about using the Black Scholes model & he showed his analysis on his tablet PC which had wireless data connections. The trading floor went fully automatic several years ago. I'm sure it will get more exciting with AI.>> <<@MM4F says : I spent years working on the floors of F&O. First I was so chuffed and proud to be there, being part of the big game.. I worked for a few Tier1's across the globe, but I can remember being on the floor in London when a leading bank was fined $16b.. I turned to my boss and said that's got to sting and he replied. No Chance, we knew it was coming, we had that money in a working account for two years and it doubled its value, so it paid for itself.. Before long, I hated it, every stinking greedy little part of it and how the entire world plays to its song... Not that I liked May as Prime Minister, wrong politics for me, but she didn't screw us.... The global banking system did, and no one even nattered an eyelid at the route coarse. Burn it all! You want to know why the third world exists in 2026, i jut told you..>> <<@nonenone9493 says : @4:00>> <<@Bjscribben says : And here we are again.... every time my youtube gets left playing I come back to one of your videos.... starting to think its not coincidence..>> <<@landdunbreakable9342 says : Just found this video. What a fantastic video. I’ve been trading for 10 years and self taught quant for 9. I don’t start making money until I stopped trying to predict and use Hidden Markov Models and generating the right synthetic data for Monte Carlo. Essentially, it’s all a coin flip. Mathematically adjusting RISK from start to finish while adjusting while in trade. I stopped following know rules to adjust while in trade and probabilities become my gold mine. This is a great video. Really, really good video>> <<@prodbecko says : 15:25 I really can't understand this. Yes, it seems easier to figure things out in the past than it is now, I know that's a misconception, but how could something as intuitive as remembering the cards played in blackjack not have been discovered until the 1950s? I mean, knowing the cards played is practically the biggest trick in the game.>> <<@willferguson2700 says : Great video, but Derek, the last sentence is wrong: [...then we will have a perfectly efficient market, where all price movements are [remove "random"; insert "predicted"].>> <<@AdamGordon-o1s says : Fantastic explanation, thank you!>> <<@lorezampadeferro8641 says : Jewpropaganda>> <<@doggyl3-o7v says : This was super helpful, thanks!>> <<@sumitbhuia says : Why is the sponsored ad a seperate video now , crazy>> <<@jennifermatascik7394 says : Great episode, but the CC seems to be from another episode on playing cards…🤔>> <<@marcomonti5758 says : cool!>> <<@IvanJumbo-f4x says : How did bro time travel to 2026 two years ago 😂>> <<@sgrant39 says : This is a classic case of survivors bias. Simons nearly went broke multiple times. It all looks great in retrospect.>> <<@MonikaNareshkumarDubey says : Why is no one pointing out the fact that since stock price cannot be negative it cannot follow normal distribution. It follows log normal distribution. The returns on stock is normally distributed. 11:09>> <<@Mr10178 says : Isaac newton really experienced the “ ANDDDD ITS GONE” moment before anyone>> <<@Hanser19 says : Gambling but heavily favoring those that can leverage it.>> <<@GodzillaGoesGaga says : Prices will never be truly random when random events by humans exist.>> <<@solidbroadcast3053 says : The last line I kind of disagree with, using inefficiencies might create a new inefficiency>> <<@nopepart2 says : bascially, if you can observe every air particle ever, you can predict turbulance>> <<@HallGalt says : Why are the captions COMPLETELY DIFFERENT from the spoken text?>> <<@Photoshop729 says : Fell asleep. Guess I’ll always be broke.>> <<@lokied-qc8ft says : I made an AI that can predict the market I don't need to be a math genius. :)>> <<@wondermoreforever says : Are they not betting on the stolen wages of workers though? Like math is great but if if describes suffering of the poor and theft by the rich then what’s the point?>> <<@MrBrewer619 says : This is some trash ass video>> <<@emmanueloluwakayodeshafe2424 says : I really understood it ❤.>> <<@Chíjiànzhě says : Not that equation again!>> <<@justinabata6257 says : Ace Pentacles = 420 247>> <<@AnderaCannot says : This was super helpful, thanks!>> <<@srmtravelstories says : After all this, it looks like trading markets using Options is not for normal retail people.>> <<@jn3674 says : Private equity buys Vertasium, and now we get this...sigh. Get over yourselves.>>