The Man Who Solved the Market
How Jim Simons Launched the Quant Revolution SHORTLISTED FOR THE FT & MCKINSEY BUSINESS BOOK OF THE YEAR AWARD 2019
in:
Investing
Summary:
The book delves into the life and career of Jim Simons, a mathematician and former code breaker who founded Renaissance Technologies and became a pioneer in quantitative trading. It explores how Simons and his team of scientists and mathematicians used algorithms and computer models to predict market changes, revolutionizing the finance industry and achieving unprecedented investment success.
Key points:
1. Quantitative Trading: The book discusses quantitative trading, a mathematical method for identifying trading opportunities, pioneered by mathematician Jim Simons.
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