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 Audiobook (Free)

Presented by Penguin.

SHORTLISTED FOR THE FT AND MCKINSEY BUSINESS BOOK OF THE YEAR AWARD 2019

‘Reads more like a delicious page-turning novel…Put it on your holiday present list for your favourite hedge-fund honcho’ Bloomberg

‘A compelling go through’ Economist

‘Captivating’ NY Times book critique

Jim Simons is the greatest moneymaker in modern credit history. His record bests those of renowned investors, including Warren Buffett, George Soros and Ray Dalio. However Simons and his about THE PERSON Who Solved the marketplace: How Jim Simons Launched the Quant Trend SHORTLISTED FOR THE FT & MCKINSEY BUSINESS Reserve OF THE ENTIRE YEAR Honor 2019 strategies are shrouded in secret. The financial industry has long craved a glance inside Simons’s secretive hedge finance, Renaissance Systems and veteran Wall Street Journal reporter Gregory Zuckerman delivers the goods.

After a legendary career being a mathematician and a stint breaking Soviet codes, Simons set out to conquer financial markets using a radical approach. Simons employed physicists, mathematicians and computer scientists – the majority of whom knew little about financing – to amass piles of data and build algorithms hunting for the deeply hidden patterns in global marketplaces. Experts scoffed, but Simons and his colleagues became a number of the richest in the world, their strategy of creating mathematical versions and crunching data embraced by nearly every industry today.

As Renaissance became a major player in the economic world, its professionals began exerting impact on the areas. Simons became a major force in technological research, education and Democratic politics, funding Hilary Clinton’s presidential advertising campaign. While senior executive Robert Mercer can be more responsible than anyone else for the Trump presidency – he placed Steve Bannon in the campaign, funded Trump’s victorious 2016 effort and supported alt-right publication Breitbart. Mercer also impacted the success of the Brexit marketing campaign as he produced significant ventures in Cambridge Anatlytica. For all his prescience, Simons didn’t anticipate how Mercer’s activity would impact his firm and the world.

Within this fast-paced narrative, Zuckerman examines how Simons launched a quantitative revolution on Wall Street, and reveals the impact that Simons, the quiet billionaire ruler from the quants, has already established on worlds well beyond financing.