Zuckerman, Gregory
The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution
- ISBN 13:
- 9780735217980
- author:
- Zuckerman, Gregory
- format:
- Hardback
- publisher:
- Portfolio
- language:
- English
- Publication Year:
- 2019
- Pages:
- 384
- Dimensions:
- 23.5 x 16 x 3.1 centimetres (0.6
- Genre:
- Biography, Business, Business,
- Condition:
- New
- Availability:
- Item usually sent within 10 working days
Description
The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution The story of Jim Simons, a world-class mathematician and former code breaker, is one of unparalleled success in the world of finance. Since 1988, Simons' signature Medallion fund has generated average annual returns of 66 percent, making him the greatest money maker in modern financial history. This remarkable achievement is the result of a data-driven, algorithmic approach to trading and building wealth, pioneered by Simons and his team. Drawing on unprecedented access to Simons and dozens of current and former employees, Gregory Zuckerman tells the gripping story of how Simons mastered the market. As Renaissance became a market force, its executives began to influence the world beyond finance, with significant impacts on politics and society. This book is a portrait of a modern-day Midas who remade markets in his own image, but also raises questions about the consequences of such success. The Man Who Solved the Market is a fascinating account of a remarkable individual and his impact on the world of finance and beyond.
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