bodila
@51bodila • 15,661 subscribers
AI - researcher & builder | writing about AI on Wall Street | @minara
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Jane Street engineer: "95% of Jane Street Quants are running swarms of AI agents We build JaneGPT in 3 days - our own AI we use for trading and research to make $39.6B/year" In 1-hour Jane Street team explained how they uses AI for their fund - and how they build their own AI that generates profit 5:14 → how AI lives inside Jane Street's 20:22 → AI agents working on Jane Street's big data research 45:26 → why trading firm builds its own data-centers 1:10:05 → AI that watches live metrics and helps when things break Learn how Jane Streaet use AI - no matter what, this is the best AI + trading conversation out there:
bodila73,988 views • 1 day ago
Chamath Palihapitiya: "when I build Facebook, there were 7000 or 8000 social companies - within six years there were five of us left - I suspect we're about to go through that same cycle in AI " this is him revealed which AI companies will survive and showed his current strategy His words: "companies are generating $50 million of ARR in months and then raising huge rounds. what we haven't seen is whether the foundational models just move up the stack and absorb the capability" "the first wave was just boards who read the word AI somewhere in an article, went to a board meeting and asked the CEO: what's your AI strategy?" MIT looked at 300 AI implementations across 52 companies - 95% never made it to production "there's a big difference between probabilistic software and deterministic software" 70% of AI budgets went into sales and marketing - the lowest ROI category in the study bookmark & watch today ↓
bodila2,618,060 views • 2 months ago
JP Morgan headhunted trader for ~$500K/year from Lehman Brothers - after he predicted the bank's collapse under $600B in debt - he explain why Goldman Sachs hired him at 20 and gave him ~$100M in his first week 27-min video to understand what strategies he uses in his trading that made every tier-1 fund in the world want to hire him
bodila2,466,404 views • 5 months ago
Ron Baron asked Elon Musk how Tesla invests $7 billion in a single factory and makes $15 billion a year in profit from it Musk: "no one was expecting Tesla to be the best at manufacturing in the auto industry - probably in the history of the world " Baron: "who does that? " to reach it, Elon slept on a factory floor for 3 years Ron bet $400M when everyone said Tesla would fail - never sold a single share - made $7B 25-min between a near-trillionaire and the investor who believed in him bookmark & watch today ↓
bodila1,931,203 views • 4 months ago
Bill Ackman offered Elon Musk to launch SpaceX IPO without banks - through his company, guaranteeing an investment of his own $4B - he silently rejected the offer, now he officially filed for a traditional IPO SpaceX urgently needs $75 billion, and Elon is rushing to take the company public knowing this, Ackman stepped in with a proposal - Musk wouldn't have to pay massive Wall Street fees to launch the IPO he offered to bypass the entire traditional market entry system through his own company "SPARC " - by distributing SpaceX share purchase rights to Tesla shareholders bookmark & watch it today
bodila1,765,380 views • 4 months ago
"Einstein of Wall Street" survived all 5 global market crashes - and for 40 years has traded $1 billion every day he said: "Invest in stocks, not stuff " and yet - he never bought a single stock in his life - only made money on commissions for 2 years he dressed up every morning and went to Wall Street completely broke - now he is considered the most experienced and smartest man in the market bookmark & watch - trading advice from the most experienced man on Wall Street
bodila1,685,470 views • 4 months ago
Andrej Karpathy told Elon Musk that Tesla will grow from $45B to $1.5T using AI - while competitors spent billions doing it the old way after this presentation Tesla's stock dropped 3.9% Karpathy stood up and explained why every competitor will lose "lidar is a crutch - it sidesteps the fundamental problem " Musk: "every mile driven is training the network - whether autopilot is on or off " simply because every single driver was training Tesla's model for free that $45B company is now worth $1.5T Waymo spent $27 billion. Tesla spent $0 on data collection then Andrej left Tesla and joined Anthropic - to build their competitor bookmark and watch today ↓
bodila1,598,337 views • 4 months ago
Paul Singer told Jamie Dimon to his face that JPMorgan is "overleveraged and opaque - even my 150 analysts couldn’t figure you out" - Dimon replied: "Paul, with all due respect, hedge funds are pretty opaque too" This is their face-to-face confrontation over who nearly destroyed the financial system, why Singer says banks are still hiding enormous risks, and Dimon’s brutal question: "So why do you still trade with us?" Singer: "When I ask about a firm holding $1 or $2 billion of our money, after weeks of analysis and discussion, my team comes in and shrugs" Dimon: "You probably haven’t read our 10-K, which is 400 pages long. Businesses can be opaque because they’re complex. You don’t know how aircraft engines work either" Singer: "No hedge funds supplied any systemic risk during the 2008 crisis. Many financial institutions didn’t understand their own risks. Neither did their regulators" Dimon: "Paul, you trade with us quite a bit, very happily. Why? Research, execution, capital and price" bookmark & watch the full conversation ↓
bodila668,281 views • 2 months ago
JPMorgan CEO rejected Jeff Bezos offer to be Amazon CEO, to invest $60M of his own money into a bank - now that same bank - JPMorgan - is worth $700B and moves $10 trillion a day a young 32-min Jamie - all his personal rules that led him to become the world's best banker this is the first lecture from the moment Jamie Dimon was hired as JPMorgan CEO save this - it's the best biography of one of the greatest on Wall Street
bodila1,675,655 views • 5 months ago
Palantir CEO: "most AI companies are going to die - Anthropic and OpenAI give no value and take your IP" - so he announced a deal with Nvidia to build a new AI Alex Karp just revealed which AI companies will survive and showed his current strategy His words: "AI is real but somehow it's not working - and we're not allowed to say it publicly because we'll look stupid" "I've been telling them for six months - we're going to be nationalized - they say it can't happen in America" "if you say AI let you fire two-thirds of your workforce - you might as well sign up for the Bernie Sanders manifesto" he built Palantir with Peter Thiel from zero to $500 billion - the Pentagon, CIA and NATO use his software - now he's coming for OpenAI and Anthropic bookmark & watch today ↓
bodila1,248,521 views • 4 months ago
ex-Goldman Sachs Quant ~$500k/year hired 8 juniors to outperform Goldman traders in 2 weeks - they outperformed real hedge funds by 3% in just 2 months all because he worked at Goldman Sachs and knows every mistake they make - you’ll learn the exact strategies from the world’s best funds
bodila1,508,521 views • 5 months ago
JP Morgan paid ~$700K/year to headhunt this Goldman Sachs trader, who turned $25M → $400M - Lehman Brothers also hired him and after he left the bank collapsed with $600B in debt 16-min and you’ll learn exactly what skills made every top fund on Wall Street chase the same trader
bodila1,493,756 views • 5 months ago
JPMorgan CEO Jamie Dimon on why he rejected Jeff Bezos offer to be CEO of Amazon: "I loved what he did, it just was beyond - I spent my whole life in financial services - it's a little bit like playing tennis your whole life and then going to play golf" this is him telling how he invested $60M into a dying bank - that is now JPMorgan - after being fired from Citigroup Citigroup fired him after 17 years - he calls it "a hell of a run - and then he fired me" he called them a year later - lunch at the Four Seasons: "I said you did the wrong thing for the company - and here are the mistakes I made" why he took a dying bank instead: "thirty major financial companies - four or five change CEO in a four year period - one goes outside - and it's probably going to be a troubled one" "I put a lot of my money into it - not because the stock was cheap. I wear the damn jersey - I'm not a hired gun" that dying bank became JPMorgan - now the largest in America, worth twice its nearest competitor save this - the best biography of one of the greatest on Wall Street
bodila725,679 views • 2 months ago
Carl Icahn made $700 million by pouring a lawyer vodka at 10am - settled an $11 billion lawsuit in one conversation the stock crashed from $60 to $25 - said: "I bought every share I could buy - happiest moment of my life" this is Carl Icahn telling the story of his greatest trade and how he really makes deals Pennzoil had a handshake deal to buy Getty Oil - Texaco stole it sued in Texas and jury awarded $11 billion - Texaco went bankrupt, CEO said "let it burn" "I bought every share at $25 - happiest moment of my life " Carl brought both sides to his office - nobody would talk - took the lawyer for vodka at 10am "I said Joe you're not getting $12 billion - he said what can I get - $3 billion - deal " the lawyer made $600 million - got kicked out of the restaurant Icahn made $700 million and showed how bookmark & watch today ↓
bodila1,069,262 views • 4 months ago
Gavin Baker: "The Magnificent 7 ( Apple, Microsoft, Google, Amazon, NVIDIA, Meta, Tesla ) - today priced at $10-12 trillion, will for sure go to $50-100 trillion. But one or two of those companies will go extinct " this is him on which AI companies will survive, Elon Musk's predictions - and where the safest money will be made "Google, Meta, and xAI - the only foundation-model companies at the application layer that will have enterprise value in five years" when AI could surpass all of humanity: "Elon predicted three years - I think five years is a reasonably safe prediction." "There’s for sure FOMO. Our job as investors is not to give in to FOMO. If you gave in to FOMO in 2021, you went all in on crypto and application SaaS... Application SaaS, I think, is done." "The leading labs in America have very effectively weaponized fear of China moving ahead of America. So there’s going to be no regulation - for better or worse." bookmark & watch - read article below ↓
bodila382,097 views • 1 month ago
Jim Rogers found one strategy that made him 4,200% with George Soros in 10 years: buy what everyone is afraid to touch with it - he has traded through 6 global crash in history right now he's doing the opposite - shorting AI while everyone is buying everyone said Austria has no stock market - he flew there and bought every single stock everyone said Zimbabwe is a disaster - he bought it everyone is buying gold right now - so he is buying silver 60 years on Wall Street in 35 min - his secrets to successful investing in one free video bookmark & watch today ↓
bodila1,085,803 views • 4 months ago
They made $20B predicting biggest global crash in history - Jim Simons, Soros and John Paulson - under oath in Congress, reveal their strategy at the same table sat Ken Griffin, who almost went bankrupt in that same crash Simons used pure math - Soros used instinct - Paulson used insurance, you will never see these legends explaining exactly how they did it at one table Soros opened it cold: "we are in the midst of the worst financial crisis since the 1930s" - and warned hedge funds would shrink 50 to 75% Simons runs Renaissance on pure math - he called the rating agencies the most guilty: "they let sows' ears be sold as silk purses" Paulson saw it in 2005 and bought credit default swaps on the debt he knew would collapse - when it did, he made the single greatest trade in history Griffin sat there down $8 billion, his fund nearly gone - yet told Congress "we have not seen hedge funds as the focal point of the carnage" four different minds, four different methods, one table - under oath, forced to explain how they read the collapse everyone else missed bookmark & watch today ↓
bodila816,867 views • 3 months ago
Paul Singer sued Elon Musk to collect a debt from Argentina - he bought it for $117 million and the country refused to pay him back the country paid him back $2.4 billion after 15 years of war - and here he is explaining it like it was nothing "by refusing to pay us, Argentina is losing billions of dollars per year... over 10 years, 70, 80, 90 billion" he seized an Argentine navy warship with sailors still on board - and went after the presidential plane 92% of bondholders accepted pennies, but Singer refused and fought for 15 years until they paid $2.4 billion in full "we could settle this thing in an afternoon" he did the same to Peru - $11 million turned into $58 million - and Congo - he has never lost to a country borrowed $1.3 million from friends and family - today he runs $73 billion bookmark & watch ↓
bodila808,012 views • 3 months ago
After this interview, Jane Street hired this Quant analyst at $220,000–$600,000/year In 21 minutes, you’ll learn what a Tier 1 hedge fund interview is like Here are some of the questions they ask: 1. You have $100, fair coin. Heads - you get 2x your bet back, tails - you lose it. 100 flips. What's the optimal bet size? 2. So what exact percentage should you bet? 3. Will you bet the same amount all 100 times or adjust your strategy? 4. Prove mathematically that betting 100% of bankroll maximizes EV at any capital size 5. What if the starting bankroll is $150 - does anything change? 6. Calculate the expected return over 100 flips with the optimal strategy 7. You roll a fair die until you get 3-4-5 in a row. What's the probability you roll an odd number of times? Quant answered all these questions in the video __ Bookmark & watch it to find out how to get into a hedge fund
bodila1,347,976 views • 6 months ago