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Please note: The content is generated by an AI language model based on reviews. We are constantly improving the accuracy, however, its outputs may contain errors or offensive content from certain reviews. Please report any errors or offensive content to us. Also, please note that we will not collect your questions unless you click the thumbs up/down button to provide feedback. The answers displayed will be stored by us so if another Fakespotter asks a similar question we can provide them an answer faster. Your feedback will only help us make Fakespot Chat better! By using Fakespot Chat, you agree to Fakespot's terms of use and privacy notice.

Pros & Cons

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pros

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pros

Features with many positive mentions

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Business Acumen

Customers are generally positive about the book's portrayal of Jim Simons and his company, Renaissance Technologies. They appreciate the insights into the firm's business acumen and the fascinating story behind its success. However, some readers feel that while the book is well-written and easy to read, it doesn't offer anything new or groundbreaking.

Drawdowns And Volatility

Customers have a generally positive view of the book's exploration of drawdowns and volatility in quantitative trading, with some acknowledging the challenges faced by Renaissance Technologies in managing significant losses. The author effectively explains complex financial and mathematical concepts for easier understanding.

Investment Performance

Customers have a generally positive sentiment towards the investment performance of the book, with some expressing astonishment at the remarkable returns achieved by Renaissance Technologies. However, there are also mixed opinions regarding the level of detail provided on the technical aspects of the topic and the trading strategies employed.

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neutral

Frequently mentioned features with split sentiment

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Academic Brilliance

Customers have a generally positive opinion on the academic brilliance of Jim Simons and his team at Renaissance Technologies. The book highlights their interdisciplinary approach, recruitment of top talent from various fields, and significant contributions to scientific research beyond finance. Some readers also appreciate the role algorithms and computer models played in their success. However, a few mention that the book is an expose on the characters of Renaissance Technologies based on limited public information.

Modest Return

Customers have mixed opinions about the modest returns discussed in the book, with some expressing disappointment that the author did not reveal more about the methods underlying Jim Simons' extraordinary success. However, others appreciated the well-written narrative and enjoyed learning about the rise of a billionaire who has largely eluded the spotlight. Some noted impressive returns, such as +99% during the 2008 market collapse, while others felt that the book did not provide significant new insights beyond the theme of finding patterns of non-randomness.

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Highlights

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Quality


Well researched, well written, and seemingly technically sound while remaining very approachable.


Harnessing the power of algorithms - the book emphasizes the significant role algorithms and computer models played in renaissa...  Read More


The set backs, the long hails to get something working, the failures, the seeming failures that manage a turn around and become...  Read More


I would have liked to see the political aspects removed, and more details of the mathematics and systems used.

Price


He paid a high price for his conviction to the goal of beating the "old guard" of investing.


75% of our trades right, but of that 50.

Shipping


Hard to believe it arrived as quickly as it did.

Packaging/appearance


I bought this book for a birthday gift and it was in perfect condition and it made for a perfect gift

Competitiveness


Early experiments with quantitative trading - simons ventured into the world of quantitative trading in the 1980s, forming part...  Read More


This book gives amazing insight into jim simons more than what is available online or jim simons lectures on youtube.


The book also talks about a few other things related to the corporate management of rentec like the hiring challenges of such a...  Read More


If you aren't aware of its legacy, the firm is regarded as one of the "most secretive and successful" hedge funds in the world ...  Read More

Overview

  • How are reviewers describing this item?
    political.
  • Our engine has profiled the reviewer patterns and has determined that there is minimal deception involved.
  • Our engine has determined that the review content quality is high and informative.
  • Our engine has discovered that over 80% high quality reviews are present.
  • This product had a total of 4,739 reviews as of our last analysis date on Sep 3 2024.

Helpful InsightsBETA

The AI used to provide these results are constantly improving. These results might change.

    Posted by a reviewer on Amazon

    You might find it satisfying to aim for a more modest return of 20 to 30 which could still be attainable if you can tolerate larger drawdowns and volatility


    Posted by a reviewer on Amazon

    Alternatively you might be content with a return of 1015 of the regular index return which is quite respectable from a personal finance perspective


    Posted by a reviewer on Amazon

    However the chapters meander at times across people and concepts


    Posted by a reviewer on Amazon

    One people with phds in mathematics physics and computer science are not very good in dealing with people imagine that the characters of the big bang theory became billionaires


    Posted by a reviewer on Amazon

    Secondly it’s easy to do stupid and bad things if you have a lot of money


    Posted by a reviewer on Amazon

    It should be made into a tv series


    Posted by a reviewer on Amazon

    Saw a few reviewers disappointed with last part


    Posted by a reviewer on Amazon

    All journalists in order to have a paying career have to say absolutely nothing about the wonderful left wing and not even call them that

Review Count History
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Please note: The content is generated by an AI language model based on reviews. We are constantly improving the accuracy, however, its outputs may contain errors or offensive content from certain reviews. Please report any errors or offensive content to us. Also, please note that we will not collect your questions unless you click the thumbs up/down button to provide feedback. The answers displayed will be stored by us so if another Fakespotter asks a similar question we can provide them an answer faster. Your feedback will only help us make Fakespot Chat better! By using Fakespot Chat, you agree to Fakespot's terms of use and privacy notice.

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