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#108 Jim Simons (Money Printer)
Founders
Trading Frequency and Profitability
The strategy of trading frequently is highlighted as a key factor in amplifying the impact of each move, as noted by Berkelkamp. By making numerous trades, the significance of individual transactions diminishes, reducing the risk of portfolio damage with a couple of errors. The analogy of a gambling casino aids in understanding this approach, where profiting from a slight statistical edge on a majority of trades can lead to significant profits. Thus, Berkelkamp emphasizes that with high trading frequency, being accurate slightly more than half the time can result in substantial gains due to the law of large numbers favoring such a strategy.
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