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The man who Solved the Market

Zuckerman, Gregory. Book - 2019 332.609 Zu, Adult Book / Nonfiction / Business & Economics / General / Zuckerman, Gregory 2 On Shelf No requests on this item Community Rating: 4 out of 5

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Call Number: 332.609 Zu, Adult Book / Nonfiction / Business & Economics / General / Zuckerman, Gregory
On Shelf At: Downtown Library

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Adult Book / Nonfiction / Business & Economics / General / Zuckerman, Gregory 4-week checkout Due 05-12-2024

"How Jim Simons launched the Quant revolution"--Book jacket.
Money isn't everything -- Money changes everything.
Jim Simons is the greatest money maker in modern financial history. No other investor--Warren Buffett, Peter Lynch, Ray Dalio, Steve Cohen, or George Soros--can touch his record. Since 1988, Renaissance's signature Medallion fund has generated average annual returns of 66 percent. The firm has earned profits of more than $100 billion; Simons is worth twenty-three billion dollars. Drawing on unprecedented access to Simons and dozens of current and former employees, Zuckerman, a veteran Wall Street Journal investigative reporter, tells the gripping story of how a world-class mathematician and former code breaker mastered the market. Simons pioneered a data-driven, algorithmic approach that's sweeping the world. As Renaissance became a market force, its executives began influencing the world beyond finance. Simons became a major figure in scientific research, education, and liberal politics. Senior executive Robert Mercer is more responsible than anyone else for the Trump presidency, placing Steve Bannon in the campaign and funding Trump's victorious 2016 effort. Mercer also impacted the campaign behind Brexit. The Man Who Solved the Market is a portrait of a modern-day Midas who remade markets in his own image, but failed to anticipate how his success would impact his firm and his country. It's also a story of what Simons's revolution means for the rest of us. -- Provided by publisher.

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PUBLISHED
New York, NY : Portfolio / Penguin, [2019]
Year Published: 2019
Description: xx, 359 pages, 8 unnumbered pages of plates : illustrations ; 24 cm
Language: English
Format: Book

ISBN/STANDARD NUMBER
9780735217980
073521798X

SUBJECTS
Simons, James Harris.
Capitalists and financiers -- United States -- Biography.
Hedge funds -- United States.
Biographies.