Summary of The Game of Trading with SIG Alums Kris A, Tina L, & Steiner

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00:00:00 - 01:00:00

In this YouTube video, three former SIG alums discuss the game of trading. They share their experiences and advice for aspiring traders. Steiner says that he misses the game, but that he gets his fill from other projects. Kris and Tina say that they loved the game and miss it, but that they are excited about other projects.

00:00:00 This YouTube video features former market makers discussing their experiences with Stock Slam, a board game that they all enjoy. The Trio discuss how they became acquainted with each other, how they measure each other's success, and what it takes to be a successful Stock Slam player.
00:05:00 Kris A, Tina L, and Steiner discuss how luck played a role in their professional trajectories. Tina recalls an interview question that was difficult but ultimately worth the effort. Kris and Tina both mention a difficult question that showed their interviewer that they were willing to dive deep into a subject.
00:10:00 This video by three Sig alums Kris A, Tina L, and Steiner discusses how they became successful traders. The three share their advice on how to be a successful trader, emphasizing the importance of learning how to think critically and being teachable.
00:15:00 This video discusses the philosophy and culture of Sig Sauer, one of the world's leading firearms manufacturers. The video discusses how the company approaches hiring new employees and how overconfidence can be detected.
00:20:00 Steiner teaches senior traders how to use a pricing model called "Wendtec." This model helped Steiner make a million dollars on a small position in sugar. When Susquehanna asked Steiner to start a commodity ball trading operation, he was the first person to use the software.
00:25:00 The video discusses the differences between trading commodities with SIG alumni Kris A, Tina L, and Steiner. The three discuss the differences in expiration dates and models that are used for commodities trading. They also talk about the different types of futures contracts and how they interact with one another. Finally, they discuss the concept of fair value and how it is determined.
00:30:00 In this YouTube video, three former SIG alums discuss the game of trading. They share their experiences and advice for aspiring traders. Steiner says that he misses the game, but that he gets his fill from other projects. Kris and Tina say that they loved the game and miss it, but that they are excited about other projects.
00:35:00 The video discusses how playing games can help teach life skills, such as how to think strategically. It also discusses how playing games with one's children can help teach them important life skills.
00:40:00 The three presenters discuss the benefits of teaching with games, specifically how they allow students to make choices and develop their own strategies. One presenter mentions a game where players develop their own language for describing game mechanics.
00:45:00 Kris A, Tina L, and Steiner discuss the game of trading, and Kris shares his experience of being a fast-tracked assistant at Susquehanna. They discuss stock slam, which is a game designed to teach fundamentals of trading. Kris sees Stock Slam as a teaching tool that can help new traders develop skills quickly.
00:50:00 Kris A, Tina L, and Steiner discuss the game of trading, how to break down ego and think logically in order to succeed, and how the game can be helpful in learning how to invest.
00:55:00 The game of trading is a race in which traders buy and sell stocks or options based on their expectations of how the stocks or options will perform. The game starts with everyone having the same portfolio of stocks or options, and over time, as some stocks or options become more valuable, their prices will rise, and the prices of stocks or options that become less valuable will fall. The goal is to make as much money as possible during the course of the game, while staying within the boundaries of one's risk tolerance.

01:00:00 - 01:20:00

The YouTube video features three SIG alumni discussing their game, The Game of Trading. They mention that it's going to be a lot of fun to reconnect with old friends and play the game. They also discuss the risks and benefits of trading and explain why investments are complex and carry a risk of substantial losses.