The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution Audiobook (Free)

NEW YORK Occasions BESTSELLER

Gregory Zuckerman, the bestselling writer of THE BEST Trade Ever and The Frackers, answers the issue investors have already been asking for decades: How did Jim Simons do it?

Shortlisted for the Financial Instances/McKinsey Business Book of the Year Award

Jim Simons is the foremost money manufacturer in modern financial history. No various other investor–Warren Buffett, Peter Lynch, Ray Dalio, Steve Cohen, or George Soros–can contact his record. Since 1988, Renaissance’s signature about THE PERSON Who Solved the Market: How Jim Simons Launched the Quant Revolution Medallion fund offers generated average annual earnings of 66 percent. The solid has earned revenue greater than $100 billion; Simons is worth twenty-three billion dollars.

Sketching on unprecedented usage of Simons and a large number 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 strategy that’s sweeping the globe.

As Renaissance became a market force, its professionals began influencing the world beyond finance. Simons became a major figure in technological study, education, and liberal politics. Senior professional Robert Mercer is usually more accountable than other people for the Trump presidency, putting Steve Bannon in the marketing campaign and financing Trump’s victorious 2016 effort. Mercer also impacted the advertising campaign behind Brexit.

THE PERSON Who Solved the Market is a portrait of the modern-day Midas who remade markets in his own picture, but didn’t anticipate how his achievement would influence his company and his country. It’s also a tale of what Simons’s revolution means for the rest of us.