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Moneymaxxxing through mathematics

Anonymous Mon 20 Sep 19:13:10 2021 No.13663358 View Reply Original Report

Quoted By: >>13663439 >>13663802 >>13663816 >>13663937 >>13663996

Since there's nothing to do with my life, I decided to moneymaxxx. If I'm starting a mathematics degree next month, which modules should I take? What should I specialize into? quant finance? algorithm for HFT? Optimization? In other words, what areas should I be looking for if I LOVE money because I'm a braindead greedy kike?
Also, assuming that there is going to be another 2000 or 2008 style crash in this decade, how should I maximize profit during the crash using the knowledge?

Anonymous

Anonymous Mon 20 Sep 2021 19:31:24 No.13663439 Report

Quoted By:

>>13663358
buy low sell high
go to the right bar mitzvas
forget about optimization algorithms it doesnt fucking matter
happy kiking

Anonymous

Anonymous Mon 20 Sep 2021 20:06:27 No.13663571 Report

Quoted By:

baset shekelmancer wannabe
idk, from the top of my head learn to write bots to juggle crypto, give it $50 and see where it takes you (avoid ethereum at first, it's transactions fees are steep), then, idk, learn more math, optimize your shit, put in a properly localted server because even if this bs is decentralized I believe some servers might have more "pull" than others, my instinct tells me so.

Anonymous

Anonymous Mon 20 Sep 2021 20:31:34 No.13663661 Report

Quoted By: >>13663914

Statistically speaking you are better off using a math degree going with something like actuarial sciences/ code monkey-ing than playing the markets.

Anonymous

Anonymous Mon 20 Sep 2021 21:12:59 No.13663802 Report

Quoted By:

>>13663358
finance is politics

Anonymous

Anonymous Mon 20 Sep 2021 21:17:48 No.13663816 Report

Quoted By: >>13663927

>>13663358
everybody loves money. if you want to make any, you really have to figure it out yourself. nobody is going to tell you. most people (including myself) have a hard time figuring that out.

Anonymous

Anonymous Mon 20 Sep 2021 21:51:23 No.13663914 Report

Quoted By:

>>13663661
both obviously
trading algorithms are fun to write anyways

Anonymous

Anonymous Mon 20 Sep 2021 21:54:46 No.13663927 Report

Quoted By: >>13666621

>>13663816
randomness, exposure to risk, proportion between value at risk vs potential profit
minimize losses, maximize gains
basically, the dog coin casino
holdem is also easy to learn and make a small bag in most casinos, same principles
you can reduce losses when you’re unlucky, but if you choose wisely, your gains can’t be capped, meaning your downside is limited while the upside is unlimited

Anonymous

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Anonymous Mon 20 Sep 2021 21:59:06 No.13663937 Report

Quoted By:

>>13663358
At least one course in each of the following:
>Calculus suite (linear algebra + analysis in one variable + analysis in multiple variables)
>Probability Theory
>Statistics
>Python
>Object Oriented Programming
>Data Structures and Algorithms
>Corporate Finance

Bonus round
>Real Analysis (or other proof based math course)
>Linear Programming
>C++

This should give you a decent baseline, gives you flexibility in what you can specialize in later, and all of it is going to enable moneygrubbing of some sort.
Feel free to add something if I've missed anything, anons.

Anonymous

Anonymous Mon 20 Sep 2021 22:21:08 No.13663996 Report

Quoted By: >>13664027 >>13664417 >>13666441

>>13663358
You're completely overthinking it. The depressing shit about markets is that a lot of the largest successes are a result of either outright criminal or ethically dubious activity. However, outside of that most of it comes down to luck and temperament which facilitates good risk management. You will drive yourself insane trying to "learn just a little bit more" thinking it will somehow give you insight into what price is going to do a day from now, a week from now, and so on. Or trying to optimize whether you should buy 1000 shares $1.00 down from current price or 1250 shares. That shit will mentally kill you and it's ultimately not as important as the "big picture" stuff. To do well in markets if you don't have insider information or a technological/geographical edge, after you understand the basics, your best bet is maximizing logic, critical thinking, and reading ancient philosophy. I'm not even kidding. The end game of market knowledge is basically Neo in the Matrix "there is no spoon" style approaches where you recognize the absurdity of it all and in recognizing the absurdity, it gives you the confidence to put on a 25,000 share/~$750,000 position, lose $50,000 in a day, but keep the gun out of your mouth long enough for a month or two to go by and suddenly you're up $75,000 for the year. And then everything that comes after that... The most important shit I've found in markets I never came across in any book or studying I did directly or indirectly related to markets unless it's all working on some intuitive level I'm not even aware of. That's the blackpill answer. Math problems are not a substitute for screen time and neither are a substitute for colocation, buddies at the SEC, and other insider edges. There is tons of money to be made though.

Anonymous

Anonymous Mon 20 Sep 2021 22:26:57 No.13664027 Report

Quoted By:

>>13663996
incredibly based high iq take

Anonymous

Anonymous Mon 20 Sep 2021 22:31:58 No.13664049 Report

Quoted By: >>13664458 >>13664667

Why does every investor wannabe can only think about stock trading? Most companies are not public companies nor even corporations.

Anonymous

Anonymous Mon 20 Sep 2021 23:41:53 No.13664417 Report

Quoted By:

>>13663996
based

Anonymous

Anonymous Mon 20 Sep 2021 23:42:58 No.13664423 Report

Quoted By:

Voltaire money-maxed by gaming the French stock market and lottery. He then spent a life in contemplation as a philosopher, novelist, public critic, government advisor.

Anonymous

Anonymous Mon 20 Sep 2021 23:55:29 No.13664458 Report

Quoted By: >>13664479

>>13664049
It's a retard trap for those who don't really understand math but love the idea of math.
Examples are recent immigrants like nigerian niggers that think math is magic.
>Saw a nigerian immigrant that showed us his "encryption algorithm" for his chat app startup
Nigger literally just flipped the bits.

Nigger immigrants like money and work harder than their nigger kangz counterparts but don't have the IQ to see shit isn't that simple nor is it even remotely worth the effort.

Anonymous

Anonymous Tue 21 Sep 2021 00:03:27 No.13664479 Report

Quoted By:

>>13664458
Thats a funny tale. Did anyone called him out?

Anonymous

Anonymous Tue 21 Sep 2021 01:22:22 No.13664667 Report

Quoted By: >>13665691

>>13664049
this.
>small brain: buy already priced-in shares of extant business
>galaxy brain: start your own business
>Tool Album cover brain: start a low opportunity cost, highly scalable franchise or semi-MLM business

Anonymous

Anonymous Tue 21 Sep 2021 10:09:16 No.13665691 Report

Quoted By:

>>13664667
>>Tool Album cover brain: start a low opportunity cost, highly scalable franchise or semi-MLM business
This, you don't get rich in America by doing things the legal way.

Anonymous

Anonymous Tue 21 Sep 2021 12:50:46 No.13665989 Report

Quoted By:

I read a cool thread today
Thank you

Anonymous

Anonymous Tue 21 Sep 2021 15:39:42 No.13666441 Report

Quoted By:

>>13663996
This. Just fucking wing it with your gut instinct when investing, it's what I do.
Mathematics will only help you estimate risk metrics, it won't tell you how to make money.

t. worked as a quant

Anonymous

Anonymous Tue 21 Sep 2021 16:19:35 No.13666621 Report

Quoted By: >>13666761

>>13663927
>exposure to risk, proportion between value at risk vs potential profit
How do you even quantify those things?

How is risk calculated?

Anonymous

Anonymous Tue 21 Sep 2021 16:54:45 No.13666761 Report

Quoted By:

>>13666621
You can't except with fake math. You guesstimate some risk as being "10%" or some such made up number and calculate the consequences.

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