There's also a great book: https://www.amazon.com/Man-Who-Solved-Market-Revolution/dp/0...

They lost money for a long time, and it was not easy building what they built. I really enjoyed the early parts where they were solving problems in creative ways like any startup. For example, they needed data so had people calling them each day reading off numbers and someone writing them to down to enter them later.

How the later part of the story ties to today's politics is also interesting.

I highly recommend the book "The Man Who Solved the Market" by Gregory Zuckerman which explains how Simons build his infamous company.

https://www.amazon.com/Man-Who-Solved-Market-Revolution/dp/0...

I recently read Reanaissance co-founder Jim Simon's biography [1]. It seems like they discovered some secret algorithmic sauce that nobody else has found. But that feels implausible. Would love to understand what really gave them their edge.

[1] https://www.amazon.com/Man-Who-Solved-Market-Revolution/dp/0...

This was posted 4 days ago. Unfortunately, people didn’t have much to say then either.

The idea that math can effectively be used to “beat the market” seems like a fascinating subject where few want to divulge the secrets. Math has been used for decades:

https://www.amazon.com/Beat-Market-Scientific-Stock-System/d...

https://www.amazon.com/Man-Who-Solved-Market-Revolution/dp/0...

One idea that does come up is reversion toward the mean, but few details are offered.

Publication founded by mathematician Jim Simons who started a hedge fund that consistently beat the markets and made billions.

The entire story:

https://www.amazon.com/Man-Who-Solved-Market-Revolution/dp/0...

Lots of interesting information on the internet about him too:

https://en.m.wikipedia.org/wiki/Jim_Simons_(mathematician)

"Behave: The Biology of Humans at Our Best and Worst" https://www.amazon.com/Behave-Biology-Humans-Best-Worst/dp/0...

"The Mosquito: A Human History of Our Deadliest Predator" https://www.amazon.com/Mosquito-Human-History-Deadliest-Pred...

"The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution" https://www.amazon.com/Man-Who-Solved-Market-Revolution/dp/0...

"Hacking Darwin: Genetic Engineering and the Future of Humanity" https://www.amazon.com/Hacking-Darwin-Genetic-Engineering-Hu...

"Biased: Uncovering the Hidden Prejudice That Shapes What We See, Think, and Do" https://www.amazon.com/Biased-Uncovering-Hidden-Prejudice-Sh...

"Range: Why Generalists Triumph in a Specialized World" https://www.amazon.com/Range-Generalists-Triumph-Specialized...

"The Spy and the Traitor: The Greatest Espionage Story of the Cold War" https://www.amazon.com/Spy-Traitor-Greatest-Espionage-Story/...

"Trick Mirror: Reflections on Self-Delusion" https://www.amazon.com/Trick-Mirror-Self-Delusion-Jia-Tolent...

"Talking to Strangers: What We Should Know about the People We Don't Know" https://www.amazon.com/Talking-Strangers-Should-about-People...

"Prediction Machines: The Simple Economics of Artificial Intelligence" https://www.amazon.com/Prediction-Machines-Economics-Artific...

I'm guessing it's the book: https://www.amazon.com/Man-Who-Solved-Market-Revolution/dp/0...

There was a book published last week on Jim Simons and Renaissance Technologies:

https://www.amazon.com/Man-Who-Solved-Market-Revolution/dp/0...

The author was interviewed on the Masters in Businesss podcast:

https://www.bloomberg.com/news/audio/2019-10-30/gregory-zuck...

Simons is a serious mathematician:

https://en.wikipedia.org/wiki/Jim_Simons_(mathematician)

He won the Oswald Veblen Prize in 1976:

https://en.wikipedia.org/wiki/Oswald_Veblen_Prize_in_Geometr...

Article is about this book that will be released on Tuesday.

https://www.amazon.com/Man-Who-Solved-Market-Revolution/dp/0...

This Numberphile interview with him is interesting:

https://youtu.be/QNznD9hMEh0