Chapter
The Man Who Solved the Market: How Jim Simmons Launched the Quant Revolution
00:00 - 01:40 (01:40)
The book is about Jim Simmons, a former codebreaker who founded Renaissance Technologies, a quantitative hedge fund that has generated average annual returns of 66 percent since 1988. The book delves into the algorithms and data-driven approach that made the fund so successful, and the reclusive personality of Simmons who did not want the book to be written.
Clips
This book tells the story of Jim Simmons who revolutionized the financial industry by using data analysis and automated trading to generate lucrative returns in the market.
00:00 - 01:40 (01:40)
Quantitative Finance
Summary
This book tells the story of Jim Simmons who revolutionized the financial industry by using data analysis and automated trading to generate lucrative returns in the market. Despite his success, Simmons did not want this book to be written.