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

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

Overcoming market volatility - renaissance technologies was able to generate substantial returns even during market downturns, ...  Read More

Overcoming market volatility - renaissance technologies was able to generate substantial returns even during market downturns, thanks to their data-driven approach and the ability to adapt their strategies to changing market conditions.  Read Less

He explains difficult financial and mathematical concepts breaking them down into lay terms so you don't get hung up on them or...  Read More

He explains difficult financial and mathematical concepts breaking them down into lay terms so you don't get hung up on them or lost in the book.  Read Less

But, the fact that these were kept secret for so many years and the innovative machine learning approaches were successfully de...  Read More

But, the fact that these were kept secret for so many years and the innovative machine learning approaches were successfully developed and used in trading first time indicates mr.  Read Less

I'm not that well-versed in finance but was able to pick up the quantitative part very easily and enjoyed the story along with ...  Read More

I'm not that well-versed in finance but was able to pick up the quantitative part very easily and enjoyed the story along with the useful knowledge that was laid out.  Read Less

Hard to believe it arrived as quickly as it did.

Hard to believe it arrived as quickly as it did.  Read Less

I thoroughly enjoyed gregory zuckerman's previous book the frackers and just finished scott patterson's book dark pools to try ...  Read More

I thoroughly enjoyed gregory zuckerman's previous book the frackers and just finished scott patterson's book dark pools to try and better understand how wall street works in 2021 following the reddit trade controversy.  Read Less

Simons' approach challenged traditional investment strategies and paved the way for the rise of quantitative hedge funds.

Simons' approach challenged traditional investment strategies and paved the way for the rise of quantitative hedge funds.  Read Less

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

The book also talks about a few other things related to the corporate management of rentec like the hiring challenges of such a secretive company; the company's stance on extremely strict ndas; so many mergers, buy-offs, and spin-offs, renamings of the parent company; about why medallion fund was closed to the outside investors in 1994 (spoiler alert - it's simply because the fund was getting too big and the strategy (computational models) wouldn't work with the same efficiency beyond a certain level); about how it deals with its competition like de shaw, ltcm (now defunct) etc.  Read Less

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

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 and the medallion fund (which has been closed for outside investors since 1994) has averaged a whopping 72% annual returns from 1994 to 2014, which is way more than almost all other hedge funds, and obviously higher than non-hedge fund investments.  Read Less