[S5E6] The Man Who Solved the Market
Description
The development of quantitative trading has led to an enormous accumulation of wealth amongst a few large hedge funds. A pioneer in this space was Renaissance Technologies and its founder, Jim Simons. Instead of relying on traditional financial metrics and corporate news, quantitative models, like those utilized at Renaissance, look at much larger swaths of data fed into sophisticated machine learning algorithms. In this episode we discuss The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution by Gregory Zuckerman. Join us as to learn about how quantitative investing has changed the financial sector.
Thank you to our friends at Audible for sponsoring this episode. Check out AudibleTrial.com/biz for a 30-day free trial of Audible and free credits toward an audio book like The Man Who Solved the Market.
Show Notes
- The Man Who Solved the Market via Amazon
- Renaissance Technologies via Wikipedia
Follow us on X @BusinessBooksCo and join our Amazon book club.
Edited by Giacomo Guatteri
Find out more at http://businessbooksandco.com