How Billionaire Jim Simons Learned To Beat The Market—And Began Wall Street’s Quant Revolution

  • 📰 Forbes
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 53%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Read an exclusive excerpt from Gregory Zuckerman's new biography of billionaire Jim Simons, 'The Man Who Solved the Market.'

, Jim Simons was bursting with self-confidence. He had conquered mathematics, figured out code-breaking, and built a world-class university department at Stony Brook University. Now, he was sure he could master financial speculation.

Simons himself wasn’t sure he’d stick with trading. Three years later, Simons changed Monemetrics’ name to Renaissance Technologies Corporation, reflecting his developing interest in these upstart companies. Simons came to see himself as a venture capitalist as much as a trader. He spent much of the week working in an office in New York City interacting with his hedge fund’s investors while also dealing with his tech companies.

Baum’s losses in the 1984 trading debacle left deep scars on Simons. He halted his firm’s trading and held disgruntled investors at bay. The losses were so upsetting that Simons contemplated giving up trading to focus on his expanding technology businesses. Simons gave clients the opportunity to withdraw their money. Most showed faith, but Simons himself was wracked with self-doubt.

 

コメントありがとうございます。コメントは審査後に公開されます。

Bro wtf is this feed?!?! I came to read. Not be spammed with fucking porn

YvkHSl 🤔😊😘if you have white skin and white dick(especially size of 10-15) please dm me. sex tradenudes Who wanna help me ⛪⛲🚁🏫QuM

This is absolutely true

KtpKZ2 Hey guys ! I am looking for a real man... Dm me sex horny 😋 🏨😦 😵🗽🏪🏩XIR

PoY2ii 😋😕🌁🏄Retweet if you want to be inside of me xx sex porn 🤗😌😜😛4Je

So NOW I know who to blame.

In the summer of 1978, Jim Simons was bursting with self-confidence. He had conquered mathematics, figured out code-breaking, and built a world-class university department at Stony Brook University. Now, he was sure he could master financial speculation

Automated trading systems produce profits from electronic front running.

benruilangat

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 394. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Jim Cramer: Time to do some strategic selling after a big run in the marketThe 'Mad Money' host says the market rally creates an opportunity to make profits that can be deployed in a pullback later on. Tell us what to do, please, Mr. Cramer Good advice. The Market is higher than in 1929 per Shiller - after almost all of the depressed 2009 earnings dropped out of the calculation. Unless the Market has reached a permanently high plateau like the other times. If Cramer is telling us this news now, then it means he has already sold off everything.
ソース: CNBC - 🏆 12. / 72 続きを読む »