The Man Who Solved the Market, Gregory Zuckerman
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The Man Who Solved the Market
How Jim Simons Launched the Quant Revolution

Bestseller

Author: Gregory Zuckerman

Narrator: Will Damron

Unabridged: 10 hr 44 min

Format: Digital Audiobook Download

Publisher: Penguin Audio

Published: 11/05/2019

Includes: Bonus Material Bonus Material Included


Synopsis

NEW YORK TIMES BESTSELLER

Shortlisted for the Financial Times/McKinsey Business Book of the Year Award

The perfect gift for the avid reader on your list: the unbelievable story of a secretive mathematician who pioneered the era of the algorithm--and made $23 billion doing it.

Jim Simons is the greatest money maker in modern financial history. No other investor--Warren Buffett, Peter Lynch, Ray Dalio, Steve Cohen, or George Soros--can touch his record. Since 1988, Renaissance's signature Medallion fund has generated average annual returns of 66 percent. The firm has earned profits of more than $100 billion; Simons is worth twenty-three billion dollars.

Drawing on unprecedented access to Simons and dozens of current and former employees, Zuckerman, a veteran Wall Street Journal investigative reporter, tells the gripping story of how a world-class mathematician and former code breaker mastered the market. Simons pioneered a data-driven, algorithmic approach that's sweeping the world.

As Renaissance became a market force, its executives began influencing the world beyond finance. Simons became a major figure in scientific research, education, and liberal politics. Senior executive Robert Mercer is more responsible than anyone else for the Trump presidency, placing Steve Bannon in the campaign and funding Trump's victorious 2016 effort. Mercer also impacted the campaign behind Brexit.

The Man Who Solved the Market is a portrait of a modern-day Midas who remade markets in his own image, but failed to anticipate how his success would impact his firm and his country. It's also a story of what Simons's revolution means for the rest of us.

*Includes a PDF of Appendices 1 and 2 with charts

Author Bio

Gregory Zuckerman is a Special Writer at the Wall Street Journal and the bestselling author of The Frackers: The Outrageous Inside Story of the New Billionaire Wildcatters; and The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History. He appears regularly on CNBC, Fox Business, National Public Radio, BBC, and other major media outlets. He lives with his wife and two sons in West Orange, N.J., where they enjoy the Yankees in the summer, root for the Giants in the fall, and reminisce about Linsanity in the winter.

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