Ask the Author: Gregory Zuckerman
“Hey everyone, I'll be periodically answering questions about my new book, The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution...glad to handle as many as I can!”
Gregory Zuckerman
Answered Questions (3)
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Gregory Zuckerman
Good question. My guess is he realized I had spoken to so many people at the firm or associated with the firm, so he wanted to make sure we had some input on the story. But to be clear -- he didn't share any data or information related to their trading, just his life. I had to dig up the trading information.
Gregory Zuckerman
WSJ rules preclude me from trading. But my research did convince me that it’s folly to try to compete with firms like Renaissance. So best to go long since they are going short.
George
Steve Jobs: "Those who are foolish enough to think they can change the world, are the ones who usually do!" I'm into Python and looking for an interes
Steve Jobs: "Those who are foolish enough to think they can change the world, are the ones who usually do!" I'm into Python and looking for an interesting project - read your book and might try coding a simple trending application!
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May 27, 2021 09:02AM · flag
May 27, 2021 09:02AM · flag
Gregory Zuckerman
I was fascinated by a single paradox--Jim Simons shouldn't have been the one to master the market. He does theoretical math. He didn't have any experience trading. He only hires those who know nothing about Wall Street. Yet, Simons became the greatest investor in modern history. I set out to figure out how he and his colleagues did it.
George
I think that was the key to what Jim Simons did. Avoided being caught up in dogma and conventional thinking. He could have done the same with any sign
I think that was the key to what Jim Simons did. Avoided being caught up in dogma and conventional thinking. He could have done the same with any signal trending system. So happens that success in trending the market brings huge financial rewards!
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May 27, 2021 08:59AM · flag
May 27, 2021 08:59AM · flag
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