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

Jim Simons is the greatest moneymaker in modern financial history. His record bests those of legendary investors, including Warren Buffett, George Soros and Ray Dalio. Yet Simons and his strategies are shrouded in mystery. The financial industry has long craved a look inside Simons's secretive hedge fund, Renaissance Technologies and veteran Wall Street Journal reporter Gregory Zuckerman delivers the goods.

After a legendary career as a mathematician and a stint breaking Soviet codes, Simons set out to conquer financial markets with a radical approach. Simons hired physicists, mathematicians and computer scientists - most of whom knew little about finance - to amass piles of data and build algorithms hunting for the deeply hidden patterns in global markets. Experts scoffed, but Simons and his colleagues became some of the richest in the world, their strategy of creating mathematical models and crunching data embraced by almost every industry. Simons and his team used their wealth to upend the worlds of politics, philanthropy and science. They weren't prepared for the backlash.

In this fast-paced narrative, Zuckerman examines how Simons launched a quantitative revolution on Wall Street, and reveals the impact that Simons, the quiet billionaire king of the quants, has had on worlds well beyond finance.
So compelling, filled with so many fascinating characters and new information... The book reads more like a delicious page-turning novel... Destined to become an instant classic...my nominee for financial book of the year
Barry Ritholtz, Bloomberg

About Gregory Zuckerman

Gregory Zuckerman is a special writer at the Wall Street Journal. He writes about business subjects like financial trades, hedge funds and private-equity firms, and about innovation and cutting-edge science. He's a three-time winner of the Gerald Loeb Award, the highest honour in business journalism. Zuckerman is the author of The Greatest Trade Ever and The Frackers, and he appears regularly on CNBC, Fox Business, and the BBC. He lives in New York.
Details
  • Imprint: Penguin
  • ISBN: 9780241309735
  • Length: 384 pages
  • Dimensions: 197mm x 25mm x 127mm
  • Weight: 279g
  • Price: £12.99
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