The Man Who Solved the Market
Book description
NEW YORK TIMES AND SUNDAY TIMES BUSINESS BESTSELLER
SHORTLISTED FOR THE FT AND MCKINSEY BUSINESS BOOK OF THE YEAR AWARD 2019
'Reads more like a delicious page-turning novel...Put it on your holiday gift list for your favourite hedge-fund honcho' Bloomberg
'A compelling read' Economist
'Captivating' New York Times book review…
Why read it?
1 author picked The Man Who Solved the Market as one of their favorite books. Why do they recommend it?
This book was not only educational to students of the markets but was also entertaining with a compelling narrative storyline that showed how Jim Simons transitioned from a math academician to become the most successful hedge fund manager in history.
Although not stated explicitly, Simons and the team at Renaissance Technologies developed models that adhered to the Casino Paradigm by combining a positive expectancy model with solid risk management protocols.
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