A Renaissance Technologies partner just broke the silence on the fund that makes 66% a year and has never accepted a dollar of outside money
David Magerman wrote the algorithms. then he watched what the money was funding.
"we're not here to help America"
he said it out loud - and Wall Street's most secretive firm tried to make him disappear
1 hr on how the machine was actually built
bookmark & watch. this is the inside account nobody got
Still funded with Darwin at $60,000 and I have 2 funded accounts with FTMO and Alpha Capital. They are running only 2 systems as we are more focused on the rules involved with the accounts
June w/c 8th: Another sideways week with not a lot of Vol in the market. We have seen a few inside days which work against our systems. We are currently working on a new BB system that will hopefully join the portfolio late July but more to come on that.
We have started June off with a small Drawdown ( -2.4%) but have recovered well on the Friday swing. Currently sitting at just below breakeven after fees which is a great recovery and shows the resilience of the portfolio. Still around 3.4% till Darwin GOLD.
9 systems currently running on RNSH @Darwinexchange. +3.58%(RAW) and 2.34% over on Darwin. A great month and another walk forward test completed. Risk model has had some slight changes made ready for June but ill report back on that later on.
A peak life advice from Alex Hormozi:
“The single greatest skill you can develop is the ability to stay in a great mood in the absence of things to be in a great mood about.”
As we come to the end of May, its been another great month on RNSH fund @DarwinexZero. More allocation and moving closer to Gold for the public fund. Further analysis of the month to follow.
Citadel founder Ken Griffin is an animal
The youngest Managing Director in the firm's history reveals:
> how he makes decisions
> how he talks to traders
> what a normal Monday looks like
95% of people don't last a month at Citadel
Life is about winning
The moment you start losing- you'll start coming up with other things- like 'fulfillment,' or 'expression,' or 'peace'
In reality- these are participation trophies for life- to make you feel like you've won
Never forget
Winning is everything
I overheard a successful business man talking to a younger one that was saying his advice was boring.
The older replied “you know what’s exciting? Poverty! Extremely exciting. Never a dull moment!”
Always remembered that.
A lot of people say they want to win, but the honest truth is they don’t.
Wanting to win is it consuming you. It being an obsession. It keeping you up at night, physically hurting you that you want to win that much.
That is wanting to win, the rest is just words.
The like-new aircraft market is wild.
Have a friend looking for a G800. None really out there (there was one a couple weeks ago but it got snatched up).
People wanting to skip the waiting line, and willing to pay millions to do so.
Some of my favourite quotes from this years mission to build the best brand in the world:
- if you compete on price, you’ll always lose to someone more desperate than you.
- There will be a day where you can no longer do this, today is not that day.
- The opposite of success is mediocrity, not failure.
- They can copy absolutely everything we do, but they are still not us, and never will be.
- If you avoid wanting to be challenged physically, you will be challenged physically, same applies to mentally.
- Success is a game of who has the most patience.
- A rising tide lifts all ships, a rough sea finds who’s best.
Stop the bitching, whining & crying about "fair”...
Natural order always wins.
The undeniable best.
The relentless.
The most committed.
This will never ever change.
What you fail to realize is this is fair....
The people who relentlessly dedicate themselves to being the best, they can end up winning.
That's a hell of a lot more fair than a person not doing shit getting the same outcome.
Regardless…
No matter what you think or how much you whine about "fair"...
This is the way it is.
So you can either get in the game of reality and work to become a skilled winner and build the life you want for yourself & family…
...Or you can sit there and do nothing, be nothing, contribute to nothing and waste your entire life bitching about how things should be.
You get to choose every single day.